‘Emerging superpower’ to ‘failed state’: How perceptions of India changed drastically under Modi – By Shoaib Daniyal
The decade from 2000 to 2010 saw India break from its traditionally slow economic pace to grow at an impressive average annual rate of 8.8%. This period of economic growth in turn encouraged a spurt of national confidence as many Indians started to characterise themselves as citizens of an emerging superpower….
If anything, however, this served as a sobering reminder as to just how hard it is to predict long-term economic growth. With the rise of Narendra Modi, India’s economy took a hit. Faced with disruptive policies…, growth has plummeted since 2016. By 2019-’20, growth had falled to just 4%…. The first Covid wave and ensuing unplanned lockdowns saw the economy contract by an incredible 7.3% in 2020-’21 – the worst performance since at least independence and also the worst performing global economy during the pandemic….
India was clearly very far from conducting itself as a superpower. On the contrary, analysts and experts were asking a much grimmer question: was India now a failed state?