BS EDIT: First 100 Days of Modi 3.0: Focus on continuity

By Business StandardPublished On Sep 18, 2024

Key initiatives

First 100 days saw Ayushman Bharat's expansion, a new pension scheme, and an industrial-corridor programme to boost manufacturing

Message of continuity

Retaining key economic and security leaders signals continuity with incremental policy changes from the previous term

Coalition dynamics

Dependence on National Democratic Alliance allies calls for a consultative approach, as seen in the reversal of lateral hiring decisions

Fiscal focus

Govt emphasises public expenditure to drive growth while maintaining fiscal consolidation, aiming for a balanced economic approach

Manufacturing goals

To integrate into the global value chain, India m

Road ahead for reforms

Incremental economic reforms are achievable with coalition support, but ambitious political ideas like "One Nation, One Election" face hurdles