The Indian economy is being rewired. The opportunity is immense
And so are the stakes
OVER THE past three years India has endured more than its share of bad news and suffering. The pandemic has killed between 2.2m and 9.7m people. Lockdowns caused the economy to shrink temporarily by a quarter and triggered the largest internal migrations since partition in 1947, as city workers fled to their villages. Religious tensions have been simmering, stoked by the anti-Muslim chauvinism of the Bharatiya Janata Party (BJP), in power since 2014 under the strongman prime minister, Narendra Modi. Now a heatwave is baking the north of the country and the global oil- and food-price shock is battering the poor.
This article appeared in the Leaders section of the print edition under the headline “India’s next decade”
From the May 14th 2022 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Leaders
Health warnings about alcohol give only half the story
Enjoyment matters as well as risk
Pete Hegseth’s culture war will weaken America’s armed forces
Donald Trump’s nominee for defence risks driving away talent
The capitalist revolution Africa needs
The world’s poorest continent should embrace its least fashionable idea
Just because Indonesia has nickel, doesn’t mean it should make EVs
Economic nationalists are making a reckless bet
Donald the Deporter
Could a man who makes ugly promises of mass expulsion actually fix America’s immigration system?
Mark Zuckerberg’s U-turn on fact-checking is craven—but correct
Social-media platforms should not be in the business of defining truth