Cellular Electronics Association News Today

India’s middle-class consumer market is not big enough to support Narendra Modi’s protectionist drift.

(Bloomberg Opinion) -- Shortly before the 2014 election that made him prime minister, Narendra Modi came up with the idea that India’s young population, constitutional checks on arbitrary political power and large domestic market would bring prosperity over a decade.

India’s democratic institutions, such as the judiciary and a free press, have frayed under Modi. With just over 40% of the labor force engaged in the economy — among the worst rates of worker participation anywhere in the world — the youth-bulge narrative has also lost its sheen. What remains of the 2014 mantra is demand. But how big an advantage is the domestic Indian

India entered 11 trade agreements in the 10 years under previous Prime Minister Manmohan Singh. On Modi's watch, it hasn't signed even one