India: Domestic Tensions May Rise Under Third Modi Term
Country Risk / India / Wed 20 Mar, 2024
Key View
- We still think the ruling Bharatiya Janata Party will handily win the Lok Sabha elections which will kick off on April 19.
- Reform prospects would remain mixed under a prospective third Modi government.
- The BJP’s preference for religious appeals risks inflaming sectarian tensions, which could derail India’s rise as an investment