India's Modi angles for third term with drastic action on inflation

Buoyed by economy, PM takes aim at potential political risk with rice export ban

Strong economic growth has boosted Indian Prime Minister Narendra Modi's confidence in securing a third term. © Reuters

SATOSHI IWAKI and RYOSUKE HANADA, Nikkei staff writers

August 10, 2023 10:06 JST

NEW DELHI/MUMBAI -- Indian Prime Minister Narendra Modi is ramping up preparations to seek a third term in the 2024 general election, banning certain rice exports as he clamps down on rising prices that could risk eroding support backed by his economic track record.