Global trends: India’s all-out push for economic growth

India’s Prime Minister Narendra Modi (2L) spent much of his first year in office traveling abroad; he was greeted by French President Francois Hollande at the Elysee Palace in April 2015 (source: dpa)
India’s Prime Minister Narendra Modi (2L) spent much of his first year in office traveling abroad; he was greeted by French President Francois Hollande at the Elysee Palace in April 2015 (source: dpa)

The government of India’s Prime Minister Narendra Modi is going into 2016 with two principal policy objectives. One will be implementing the economic reforms that he has promised to foreign investors. Such reforms are considered crucial to industrialization and further accelerating India’s growth, which currently clocks in at a respectable 7 percent rate. The other priority will be keeping India’s borders quiet. The prime minister will invest much time and energy in talks with Pakistan, in providing economic bait to China and in improving India’s ties with smaller neighbors.

<i>This report is part of GIS’s “Global Trends” series, which aims to forecast big-picture scenarios that...

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