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A different Modi: The PM is no longer shy of showing his real hand

A faltering economy may have led to a re-think on economic strategy. And Mr Modi might think he is politically strong enough to take some risks. But there could be a minefield ahead, writes T N Ninan

Topics
Indian Economy | Weekend Ruminations | Gross Domestic Product (GDP)

T N Ninan 



T N Ninan

Narendra Modi’s approach to economic issues has changed, the dividing marker being the 2019 re-election with an improved majority 21 months ago. Having also gained control of the Rajya Sabha, he has become progressively more ambitious about pushing through long-delayed economic reforms, confident enough to change direction if needed, and willing to challenge the conventional wisdom. His government’s bold announcement of a sweeping policy (sell or close all non-strategic government companies) follows the replacing of restrictive labour laws and the opening up of agricultural marketing. Touchy subjects, all of them.

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First Published: Fri, February 12 2021. 19:40 IST

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