Transformation Speeds as PM Modi Turns 75

Under reforms that are either completed or nearing completion during Modi 3.0, India is evolving into the ideal investment alternative to China, the prime security threat of both the US and India.

- M.D. NALAPAT

As he looks back on his stint as Prime Minister of the most populous democracy in the world, PM Narendra Modi is witnessing a country very different from what it was in 2014. From books to movies to lifestyles and attitudes, there has been a 180-degree shift since 2014. From the Insular Indian to the Global Indian, waves of inventions and innovation are adding quality to the world, although several of the patents and such innovations are being secured abroad. By the close of Modi 3.0, the promise is of ensuring a regulatory system that better creates growth rather than seek to stifle. Whether it be Google or Microsoft, each started out as an idea that found the soil needed to grow and flourish exponentially. Citizens of India are being promised a nourishing system secured through the intermeshing of laws and procedures by or soon after October 20. The expectation of the taxpaying public is that GST and other forms of taxation will be reformed further. Such a move reduced and thereafter reversed. The ten largest contributors to the trade deficit need to work in accordance with this fact, so that in their case as well, the spirit of Atmanirbhar Bharat will replace the Buy from Abroad mindset. Achieving such an objective is not merely an economic necessity but a political one as well. Assembly elections in Bihar are close, while the crucial Assembly contest in UP is in 2026. Winning Bihar would be key to keeping intact the NDA, in which the JDU led by Chief Minister Nitish Kumar is often, perhaps wrongly, portrayed as less anchored to the ruling coalition than the Telugu Desam-led by Chief Minister Nara Chandrababu Naidu. Given the seat composition in the present Lok Sabha, the main opposition party with its 99+1 seats trails far behind the BJP with its 240 Lok Sabha seats. Whether in his role as Chief Minister of Gujarat state or subsequently as the Prime Minister of India, Narendra Damodardas Modi has never been