Modi 3.0: Might a 'leapfrogging' strategy lead India astray again?

Policies focused on top tiers have long plagued nation's manufacturing and job market

20240621 Modi Analysis

A person holds an image of Indian Prime Minister Narendra Modi outside the ruling Bharatiya Janata Party's headquarters in New Delhi on June 4, the day the results of the general elections were announced.  © Reuters

TORU TAKAHASHI, Nikkei senior staff writer

TOKYO -- In this year of elections around the globe, there were few surprises until India released the results of its voting on June 4.

In the election for the 543-seat lower house of "the world's largest democracy," Prime Minister Narendra Modi's Bharatiya Janata Party suffered significant setbacks, securing only 240 seats -- far below the 303 won in the previous election in 2019. This was the first time since Modi ran for office as a BJP candidate in 2014 that the party failed to achieve a simple majority of 272 seats in the lower house.

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