The Challenge Begins Now

In its first year, Modi 3.0 has done well, but navigating an uncertain world needs a strategic economic direction

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On the first anniversary of its third term, the Narendra Modi-led government has reasons to look back with some satisfaction—both politically as well as economically. The numerical setback in the Lok Sabha elections did force the Bharatiya Janata Party (BJP) to go back to the drawing board to recraft its political and governance outreach, but it didn't take much time for the party to regain momentum by notching up surprisingly big wins in a string of Assembly polls. If the BJP turned the tide in Haryana and Maharashtra, two states where it suffered reverses in the Lok Sabha polls, it also finally wrested Delhi after 26 years. True, the government's coalition partners have extracted sundry promises and largesse, but even they know they are in no position to do anything but toe the BJP's line.