Modi's 'reform gamble' pays off in India

Retains popularity among electorate

clock • 2 min read

After an eventful last couple of months of 2016, this year is once again shaping up as a crucial period for India.

In addition to continued widespread reforms, headlined most notably by last November's demonetisation efforts, local state elections recently completed, representing nearly a quarter of the Indian population. In a positive development, recent election results from five Indian states - Goa, Manipur, Uttarakhand, Punjab and Uttar Pradesh - have overwhelmingly supported the Bharatiya Janata Party (BJP) of Prime Minister Narendra Modi. Allianz GI's Chan: Why we believe in Asia's reform stories In particular, the election in Uttar Pradesh, with a population of 200m people and 80 parliam...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

GIB AM's Kunal Desai: Emerging markets thrive as dollar dominance declines

GIB AM's Kunal Desai: Emerging markets thrive as dollar dominance declines

'Damage is done'

Kunal Desai
clock 09 July 2025 • 2 min read
JPMAM's Nandini Ramakrishnan: Emerging markets show strength in a choppy world

JPMAM's Nandini Ramakrishnan: Emerging markets show strength in a choppy world

Valuable hedge against global uncertainties

Nandini Ramakrishnan
clock 01 July 2025 • 4 min read
China's monetary stimulus plan not enough to offset Trump's tariff onslaught

China's monetary stimulus plan not enough to offset Trump's tariff onslaught

‘Marginal’ 10bps cut to benchmark rate

Sorin Dojan
clock 08 May 2025 • 3 min read
Trustpilot