Abstract

The case is designed to critically analyze the various initiatives taken by a year-old government in one of the emerging markets of the world, India. After making history and breaking many records, the Bharatiya Janata Party (BJP) won the 2014 general elections in India and its Prime Ministerial candidate, Narendra Modi, became the country’s 15th Prime Minister in May 2014. In a span of one year, the government took various initiatives, scrapping older policies and bringing in new reforms. While many of these initiatives lived up to the promises made by the political party during its election campaigns, others disappointed the public. Moreover, the case describes one of the major concerns of the economists and analysts who opined that in the completed one year, the government had failed to achieve the desired and promised level of economic growth. Only the coming years will reveal whether the government will be able to meet its target for social upliftment and poverty eradication and to bring about enhanced economic growth in the country.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Analyze the performance of the Modi led NDA government in India in a span of one year.
• Understand the challenges which any newly formed government had to face in a democratic country like India
• Analyze the pace of the reforms introduced by the Modi government

Keywords

Narendra Modi,Indian General Election,Foreign Direct Investment in Insurance,Coal Block Auctions,Pradhan Mantri Jan- Dhan Yojana,Goods and Service Tax,Make in India,Land Acquisition Bill,Raghuram Rajan,Subsidy Reforms,Labour Reforms,National Institution for Transforming India (NITI) Aayog,Swachh Bharat (Clean India) Campaign,Planning Commission