Диалектика экономических реформ Н. Моди

 
PIIS032150750026130-5-1
DOI10.31857/S032150750026130-5
Publication type Article
Status Published
Authors
Occupation: Junior Researcher
Affiliation: Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO)
Address: 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation
Journal nameAsia and Africa Today
EditionIssue 6
Pages12-20
Abstract

To overcome the negative consequences of the COVID-19 pandemic, the government of India has presented the special assistance package to the most affected industries and vulnerable segments of the population under Atmanirbhar Bharat Abhiyan, or Self-Reliant India mission, in May 2020. The initiative is aimed at revealing development potential of domestic production, focused on both export and internal consumption. After coming to power in 2014, BJP government immediately took steps to develop manufacturing sector, attract investment and create new jobs. These policies were renewed during the dealing with pandemic induced challenges. As the official authorities emphasize in their press-briefings and meetings with business, the announced course for self-reliance does not contradict the country’s intention to integrate more firmly into global value chains. The ongoing structural reforms are expected to contribute to the India’s economic leadership and therefore strengthening its influence on global and regional processes.

The article analyzes the features and main directions of BJP’s economic policy at pre- and post-pandemic period, and in particular considers the nature and objectives of Self-Reliant India mission.

KeywordsIndia, Narendra Modi, Self-Reliant India, economic growth, manufacturing sector, infrastructure
Publication date21.06.2023
Number of characters28297
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