bullish

India Politics: State Elections Show Favourable Political Winds for Modi

518 Views05 Dec 2023 10:00
SUMMARY
  • Premier Modi’s BJP outperformed expectations by winning three state assembly elections, putting it in prime position for re-election in the 2024 general election.
  • Modi’s personal appeal and welfarist policies will likely deliver dividends in the next elections. But a landslide win is far from guaranteed given the political dynamics.
  • The government will thus avoid rocking the boat in terms of economic policy.
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