Reported 11 months ago
On June 9, 2024, Prime Minister Modi declared victory in the Indian elections held from April 19 to June 1, leading his BJP party to a narrow majority in the Lok Sabha. Despite not achieving an absolute majority, Modi's government aims to maintain political stability for global investors and become a manufacturing hub by attracting foreign investments. India's economy has been growing, but challenges like high youth unemployment remain. Structural reforms are needed to make India more competitive in the global manufacturing landscape, and Modi's government must address issues like bureaucratic hurdles, infrastructure, and labour market reforms to progress further.
Source: YAHOO