India's General Elections and Economic Growth Under Prime Minister Narendra Modi

SOURCE www.nbcnews.com
India is set to hold the world's largest general elections starting April this year with nearly a billion voters. The ruling BJP, led by Prime Minister Narendra Modi, is projected to win a third straight term. The economy has strengthened under Modi's leadership, with the country's stock market hitting record highs and international investments increasing.

Key Points

  • Projected win for BJP in the upcoming elections
  • Strengthening economy with record highs in stock market
  • Positive growth forecast for India's economy

Pros

  • Economic growth under Modi's government
  • Positive forecast for BJP winning a third term
  • Increased global appeal of India as an investment destination

Cons

  • Allegations of electronic voting machine hacking benefiting the ruling BJP
  • Accusations of orchestrating a power grab by Modi's party