Supported by a strong power basis, the Modi administration initially tried to find the path for dialogue with Pakistan, but eventually had to adopt hardline measures due to serious terrorist attacks originating from Pakistan.
Meanwhile, the Modi administration checked the hike in the MSP to curb the fiscal deficit, and as a result prevented inflationary pressures on the secondary market.
Meanwhile, the Modi administration refused Pakistan's contact with the Kashmiri separatists, and insisted that the Kashmir question is a"bilateral issue." Conditions for bilateral talks were not created.
If considering the long-term average growth rate to be the potential growth rate, it is assumed that India's potential growth rate has increased by 1% PT under the Modi administration compared with the last days of the Singh administration..
Since the 2007 Japan-US-Australia-India quadrilateral security framework invited a strong opposition from China, the Indian government has hesitated to commit to a similar framework. But the Modi administration began actively addressing the multilateral frameworks.
Employment India is slow in developing reliable employment statistics. According to estimates by international organizations and private research institutions, the employment situation in India seems to have failed to improve under the Modi administration.
On the expenditure side, interest payment that is the largest expenditure item accounting for one quarter of the total expenditure is fixed; on the other hand, subsidies next to interest payment in value have been reduced by the Modi administration.
But steps taken so far have failed to make much difference, and now there is finger-pointing between Modi's administration, the Delhi city government, and the governments of states around the capital.
Focusing on the Modi administration's foreign policies and security policies, this paper will examine differences and commonalities between the Modi administration's diplomacy and the traditional Indian diplomacy.
But changes in India's statistical processes, particularly tracking whether jobs were created or lost under Mr. Modi, have prompted allegations of political interference and questions about data quality.
India's bad-debt mountain hangs over politically recharged Narendra Modi【New Delhi】With a resounding domestic political victory behind him, Indian Prime Minister Narendra Modi turns attention back to policies this week.
Economic growth rate India's economic growth rate per annum was +6.4% toward the end of the Singh administration(2012-14). It rose to +7.4% under the Modi administration 2014-present.
Since the overall capital inflows including direct investment exceeded the amount required to finance the current account deficit, the accumulation of foreign exchange reserves advanced under the Modi administration.
In order to speed up the acquisition of land for infrastructure development the Modi administration attempted to amend the Land Acquisition Law, thereby exempting developers from acquiring consent from landowners, and from conducting a social impact survey, as far as infrastructure development in five areas is concerned, including the construction of industrial corridors.
Section 1 will summarize India's economic overview and review the economic history of India after Independence; Section 2 will analyze economic trends and policy trends under the Modi administration, and Section 3 will discuss the future prospects of the Indian economy and its economic policies.
The leader said the BJP would showcase the Gujarat win as a referendum on the goods and services tax(GST), and the victory would be a fitting answer to all who have criticised the Modi government for the economic slowdown.
The Indian economy and economic policies under the Modi administration8 This Section will analyze trends of main economic indicators under the Modi administration, based on economic indicators, and will discuss the administration's economic policy management related to the trends.
While the details of the waivers are yet to be released, the Trump administration has agreed to waive sanctions on the purchase of oil from Iran for about six months, which would help the Modi government tide over until the general elections, without any major oil price shocks.
Tokyo, however, made it clear that it does not support creation of any such fund with any foreign partner but can finance specific projects identified by the Modi government, official sources told ET.
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