Archive · 18 Jun 2025
Gowda: Modi Government's Economic Stagnation Over 11 Years
This article discusses the performance of the Modi government over the past 11 years.
It highlights concerns about the economy, including a decline in manufacturing and private investment, as well as challenges in healthcare, like malnutrition.
The article also points out issues related to religious division, the weakening of institutions, and how the government handled the Covid pandemic.
Manufacturing's share in Gross Value Added has decreased.
Private sector investment has reached an 11-year low.
Malnutrition and child health remain critical issues.
Government's handling of the pandemic is under scrutiny.
Divisive majoritarianism and institutional weakening are concerns.
- Who
- Rajeev Gowda and the Modi government.
- What
- Analysis of the Modi government's performance and policies.
- When
- Over the past 11 years.
- Where
- India.
- Why
- To analyze the impact of the Modi government's policies and actions.
Criticisms of Modi Government
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Economic Promises
Criticisms of Modi Government
Failure to create jobs, become global manufacturing hub, or bring prosperity.
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Financial Anxiety
Criticisms of Modi Government
Economic gains are captured by national champions, leaving the vast majority with financial anxiety.
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Regulation
Criticisms of Modi Government
Government’s heavy handed approach to regulation discourages innovation.
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Economic Mismanagement
Criticisms of Modi Government
Demonetization and GST had negative impacts.
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Institutional Weakening
Criticisms of Modi Government
The government has centralized authority and turned governors into unconstitutional despots.
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- Manufacturing Share Decline
- From 16.7% (2013-14) to 13.9% (2024-25)
- Private Sector Investment Low
- 32.4% in FY24
- Stunting Rate
- 35.5%
- Wasting Rate
- 19.3%
- Undercounting of COVID Deaths
- Nearly six times the government's initial claim for 2021
