Ep. 07 India's Economic Reform - 'Modinomics'
World Ch. Schedule : MON 07:30 KST
Date : 2018-07-23
India, which has the world's 6th largest GDP and a population of roughly 1.3 billion people, is cited as one of the most promising countries in the global market. But despite its vast potential, its current economic situation is far behind.
To turn things around, India's Prime Minister Narendra Modi is actively pursuing economic policies to achieve quantitative growth- namely, 'Modinomics'.
So what kind of changes have been taking place within India after the implementation of 'Modinomics' and what are seen as potential problems that need to be addressed?
On [The Point: World Affairs], we sit down with Jagannath Panda, a research fellow at the Institute for Defence Studies and Analyses to get his insight and connect with Professor Arvind Panagariya from Columbia University to hear about India's public opinion and the way forward.