On Sunday night, India’s new National Democratic Alliance (NDA) government was sworn into office, with Prime Minister Narendra Modi at its helm once more.
We have a new group of Bharatiya Janata Party (BJP) allies, a new group of ministers, and a new look in terms of how the Modi government will function in its third term. However, the economic challenges the new government faces are quite old.
Many experts believe that concerns about inflation, jobs, and lack of upward mobility dented the BJP’s electoral prospects in the recent general election. To talk about the Indian economy and the steps the new government must take, Milan is joined on the show this week by Trinh Nguyen. Trinh is a senior economist covering emerging Asia at Natixis, based in Hong Kong, where she surveys economic trends across Asia, including in India. She previously worked at HSBC as an ASEAN economist from 2011 to 2015. She is also a nonresident scholar in the Asia Program at the Carnegie Endowment for International Peace.
Trinh and Milan discuss the market reaction to the surprise 2024 election result, the key vulnerabilities for the Indian economy, and how India is performing relative to its Asian peers. Plus, the two discuss India’s ability to leverage the “China+1” moment, the recent slump in foreign direct investment (FDI), and whether a coalition government spells doom for reforms.
Ashley Tellis joins Milan on Grand Tamasha for a conversation on his Foreign Affairs piece, “America’s Bad Bet on India” and to preview the Modi state visit this week. Read more
Ashley Tellis joins Milan on Grand Tamasha for a conversation on his Foreign Affairs piece, “America’s Bad Bet on India” and to preview the Modi state visit this week. Read more
Adam Auerbach and Tariq Thachil join Milan for a conversation on their book, "Migrants and Machine Politics: How India's Urban Poor Seek Representation and Responsiveness." Read more
Adam Auerbach and Tariq Thachil join Milan for a conversation on their book, "Migrants and Machine Politics: How India's Urban Poor Seek Representation and Responsiveness." Read more
Amit Ahuja and Devesh Kapur join Milan to discuss their new book, “Internal Security in India: Violence, Order, and the State” and the lessons it holds for law and order in India. Read more
Amit Ahuja and Devesh Kapur join Milan to discuss their new book, “Internal Security in India: Violence, Order, and the State” and the lessons it holds for law and order in India. Read more
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