4.6 • 3.6K Ratings
🗓️ 8 May 2024
⏱️ 20 minutes
🧾️ Download transcript
Narendra Modi’s reputation for prosperity is likely to propel him to a third term. But for India’s economic successes to last, the country needs a set of new reforms. Despite a host of sanctions from the West, Russia still has a booming arms industry. Where are all the weapons coming from (09:50)? And, the perils of trying to work on a plane (13:54).
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| 0:00.0 | The Economist. |
| 0:04.0 | Hello and welcome to the Intelligence from The Economist. |
| 0:10.0 | Hello and welcome to the Intelligence from the Economist. I'm your host |
| 0:13.8 | Jason Palmer. Every weekday we provide a fresh perspective on the events |
| 0:18.2 | shaping your world. Peeing together the supply chain behind Russia's war machine is not easy with all that |
| 0:30.1 | cooking of the books and hiding behind shell companies. |
| 0:33.6 | We dig through some new data that suggests many of the imports lead back to one country. |
| 0:41.5 | And our colonist examines the reliable agony of trying to work during a flight. First up though, though. |
| 1:03.0 | In a country, as a whole |
| 1:07.0 | In a country as populous as India, a general election takes a while to complete. |
| 1:16.0 | Over six weeks and seven stages, hundreds of millions of people will get to the polls. |
| 1:25.0 | Yesterday the latest phase began and in the state of Gujurat, Prime Minister Norendra |
| 1:29.6 | Modi himself cast a ballot before greeting crowds of cheering supporters. |
| 1:34.1 | This year Mr. Modi is expected to walk to a record equaling third term at the head of his Bartie Junta party or B.J. That ease is partly a reflection of his brand of politics, but also of his reputation for prosperity. |
| 1:56.0 | Simply put, lots of Indian voters think he's helping the country get rich, |
| 2:00.0 | and there are reasons to believe that. It's already the world's fifth largest |
| 2:04.8 | economy and on track to get to third by 2027. Private sector confidence is at |
| 2:10.4 | its highest since 2010, poverty down but there are also questions over whether |
| 2:16.1 | India's success can last and whether Mr. Modi really has all that much to do with it. |
| 2:25.4 | India is doing reasonably well but it's not the next China. |
| 2:30.0 | Arjun Ramani is our global business and economics correspondent. |
| 2:37.0 | So it's growing at around 6 to 6.5%, which makes it the fastest growing major economy in the world. But if you were to look at China or the Asian Tigers when they were this rich, they were growing at 10 plus percent. |
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