“Modi has done an unbelievable job in India. I know the liberal press here, they beat the hell out of him. He’s taken 400mn people out of poverty,” Dimon was quoted as saying at an event in the US.
PM Modi was voted to power at the Centre for the first time in 2014 and later on in 2019. His party Bharatiya Janata Party (BJP) and the coalition National Democratic Alliance (NDA) have been in power in India for a decade now.
The country is currently in the midst of voting and the party is looking to come back to power for the third straight term. Results of the elections will be declared on June 4 and the party has set its eyes on bagging at least 400 seats in the 543-seat strong Lok Sabha.
His regime has been widely credited for its handling of the Indian economy, with the country emerging as the fastest growing major economy in recent years and poised for further growth in the coming decades.
“The NDA won 352 seats last time and to cross 400 they need 48 seats more,” news agency Bloomberg quoted Pradeep Gupta, chairman of polling company Axis My India, as saying. “Much depends how BJP and NDA performs in states like Tamil Nadu, Kerala, Andhra Pradesh in southern India.” If voted to power, Modi has promised that his government will formulate policies that will help India become the world’s third largest economy by 2030, two places above where it stands currently.
