🇮🇳 New cover of The Economist about India. On April 19, they started elections until June 4. The biggest intrigue there is whether incumbent Prime Minister Modi will stay for a third 5-year term.
📈During his premiership, India began to develop the fastest in the world: GDP growth +6-7% per year.
👨💼The problem remains with work. Of the 1 billion working-age population, only about 100 million have formal jobs. Everyone else either has a temporary job or no job at all. So the main question of this election is whether Modi, now 73, can reduce the degree of autocracy if he wins and make the necessary reforms for growth.
👨💼The problem remains with work. Of the 1 billion working-age population, only about 100 million have formal jobs. Everyone else either has a temporary job or no job at all. So the main question of this election is whether Modi, now 73, can reduce the degree of autocracy if he wins and make the necessary reforms for growth.
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