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India's economy: The good, bad and ugly in six charts - BBC News

India has one of the world's fastest growing economies but the benefits are yet to fully reach the poorest.

15 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Nikhil InamdarBBC Business Correspondent, MumbaiIn January, thousands braved the freezing cold at Delhi's Red Fort to hear Prime Minister Narendra Modi speak.

His message was "Viksit Bharat 2047", a promise to make India a developed nation by 2047.

It's the latest catchphrase from a man known for his penchant for catchy taglines.

"Developed India" is an imprecise pledge, but in the 10 years since Mr Modi first stormed to power, he has been trying to lay the foundations for a period of economic boom.

The prime minister and his government inherited an economy that was teetering on the precipice. Growth was slowing and investor confidence was low. A dozen Indian billionaires had gone bankrupt, saddling the country's banks with enormous unpaid loans that had crippled their capacity to lend.

https://www.bbc.co.uk/news/world-asia-india-68823827


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