ISAS Insights

In the three years it has been in office, the Narendra Modi government has notched up notable accomplishments, especially in improving the investment climate and deepening financial inclusion. At the same time, it has disappointed on the jobs front and in establishing a clear policy line on public sector banks. The government’s bold decision on demonetisation was controversial and it is too early to say whether it has been a success. The jury is still out also on whether the government has got its act together on improving governance. Finally, the ruling party has to decide whether it will pursue the economic agenda with undivided attention or whether it will also simultaneously further its social agenda.