- Fareed Zakaria discusses Prime Minister Modi’s approach to balancing economic progress and cultural identity.
- Modi presents himself as both insider and outsider, resonating with global anti-establishment sentiments.
- While championing the “Aam Aadmi,” Modi actively courts foreign investment, exemplified by efforts to woo tech giant Apple.
At the India Today Conclave Pop Up – Election Special, journalist Fareed Zakaria delved into Prime Minister Modi’s nuanced strategy in navigating India’s political and economic landscape. Zakaria highlighted Modi’s adeptness in positioning himself as both an insider and outsider, tapping into anti-establishment sentiments while championing economic progress.
Modi’s approach encompasses appealing to the “Aam Aadmi” while actively pursuing foreign investment opportunities. Zakaria noted Modi’s efforts to attract tech giant Apple to India, despite challenges posed by high tariffs on intermediate goods. To facilitate Apple’s entry, the government reportedly offered special waivers, illustrating Modi’s pragmatic economic vision.
However, Zakaria cautioned that while such tactics may yield short-term gains, India’s long-term economic success hinges on embracing international trade more openly. He emphasized the importance of reducing tariffs and fostering a conducive environment for trade to stimulate sustainable growth and alleviate poverty in the country.
