India is about to stage the world’s biggest election from next week, but Narendra Modi can already claim credit for the next decade of growth. While the world economy struggles, the Asian behemoth will keep motoring. The prime minister is hot favourite to win, but his country’s economic development doesn’t depend on him.
Modi’s Hindu nationalist government is so confident of securing a third term that it’s already mapping out future goals. "We see 6%-8% consistent growth rate over the next full decade", a top minister told Reuters in January.[..]