India’s Poor Will Not Be Wished Away
Poverty remains deeply entrenched in India and appears to have increased significantly, writes Ashoka Mody, despite rosy news from India’s first consumption figures in over a decade.
Visiting Professor of International Economic Policy at Princeton University
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Poverty remains deeply entrenched in India and appears to have increased significantly, writes Ashoka Mody, despite rosy news from India’s first consumption figures in over a decade.
Violent Hindu nationalism has accelerated at critical moments when putatively secular politicians have used religion to gain an electoral advantage. This process, a century in the making, is now culminating in Prime Minister Narendra Modi’s rejection of secularism.
Indian and international observers once thought that the Chinese Communist Party would mismanage economic policy, leaving democratic India to emerge as the bigger and more developed economy of the two. Instead, writes Ashoka Mody, India is now paying the price for underinvesting in its human capital and gender equality.