A recent expose by Al Jazeera has cast doubt on the Indian govt's claim of being one of the world's fastest-growing economies. The report reveals that India's economic situation has worsened post-COVID due to poor policies implemented by the Modi administration.
Alarming statistics indicate that over 80% of the population is grappling with economic hardships, with the elite 1% controlling over 40% of the country's resources.
The survey found that a staggering 34.4 million people in India are living below the poverty line, contradicting the govt's claims of poverty alleviation efforts.
Critics accuse the Modi govt of manipulating poverty definitions and statistics to create an illusion of progress, particularly during election seasons, through initiatives labeled as "New Welfareism."
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The report also highlights the challenges faced by Indian youth, with over 65% of educated individuals struggling to secure adequate employment opportunities.
Frustration and disinterest among the youth have led many to seek opportunities abroad, with Israel and Russia emerging as popular destinations despite ongoing conflicts.
Meanwhile, the government's lavish spending on advertising and electoral campaigns, totaling $950 million over nine years, has drawn criticism, particularly in light of the country's economic woes.
Following the revelations brought forth by Al Jazeera, questions have been raised about the Indian govt's claims of economic stability, prompting a reassessment of the nation's economic trajectory.
