A RINGSIDE VIEW OF MODI JI LEADING 25-YEARS OF INCLUSIVE GROWTH

On a humid August afternoon in 2013, at Gujarat’s Mahatma Mandir, Narendra Modi asked a hall full of farmers to donate their iron implements for what would later become the Statue of Unity.

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The response was thunderous. “The entire hall reverberated with chants of Modi, Modi,” recalls author and reform historian and Chairman, SKOCH Group, Sameer Kochhar. “That was the moment when the idea of ModiNomics was born.”

Nearly a decade later, Kochhar stood at the India Habitat Centre for the launch of his latest work, ModiNomics —A Journey of Inclusive Growth. The event brought together Minister of State for Information & Broadcasting L Murugan and Secretary Sanjay Jaju, who joined Kochhar in reflecting on India’s economic transformation under Prime Minister Modi.

Kochhar reminded the audience of the contrast between India’s reform-rich years from 1991 to 2010 and the “policy paralysis” of 2010-13, when scandals and stalled decision-making left the economy in disarray. “Inflation was high, credit was scarce and corruption dominated global headlines,” he noted.