A recent Al Jazeera report casts doubt on the Indian government’s claim to being one of the fastest-growing economies in the world. The report revealed that India’s post-COVID economic situation has worsened due to poor policies implemented by the Modi administration.
Alarming statistics show that more than 80% of the population is struggling with economic problems, while the elite 1% controls 40% of the country’s wealth.
The study found that 34.4 million people in India live below the poverty line, belying the government’s claims of poverty reduction efforts.
Critics have accused the Modi government of creating the illusion of development through its so-called “New Prosperity” initiative, which uses poverty definitions and statistics.
The report also highlights the challenges faced by India’s youth, where more than 65% of educated people struggle to find adequate job opportunities.
Frustration and greed among young people have led many to seek opportunities abroad, with Israel and Russia emerging as popular destinations despite ongoing conflicts.
Meanwhile, the government’s massive spending of $950 million over nine years on advertising and election campaigns has been criticized, especially given the country’s economic woes.
Al Jazeera’s revelations have raised questions about the Indian government’s claims of economic stability, prompting a reassessment of the country’s economic trajectory.
