Modi’s growth push casts shadow on chances of long-term success
Dai Yonghong 戴永红 and Wang Jianping
At the time when India is becoming the rotating presiding country of the BRICS group, the myth that India’s economy has successfully caught up with China’s also resonates. Indeed, behind Prime Minister Narendra Modi is his management experience in Gujarat, but this doesn’t prepare him for successfully governing a large country, nor can his manipulated economic data be used to prove the arrival of a “catch up with the US and surpass China” era. It can be fairly safe to say that there is still a long way to go before India can actually lead the other BRICS countries.
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