From the time of coming into power, the prime minister has stressed on his government’s goal of “sabka sath, sabka vikas” ie, growth for all.
Economic development has been erratic during the previous eight years, exacerbated by an extraordinary epidemic and then a war in Europe. Economists and analysts have stated that even before the epidemic, demonetisation, the adoption of GST, and the bad loan situation began to have an influence on India’s economic development. With the Russia-Ukraine conflict causing ripples on Indian beaches and throughout the world, substantial difficulties to sustaining development and developing a trillion-dollar economy remain.
Meanwhile, here is a look at how the current government has performed, in terms of GDP growth, consumer inflation and joblessness rate from 2014 till now.