The Hindutva Rate of Growth
CASS Working Papers on Economics & National Affairs, 2020
Posted: 29 Jan 2020
Date Written: January 5, 2020
The aim of this paper is to situate the interplay between the politics and economics of the BJP regime in India. Following two decades of ostensibly “rapid growth,” the serial manipulation of economic statistics notwithstanding, the Indian economy’s growth rate has now begun to slow to a new normal – a “Hindutva” rate of growth, so to speak. This is occurring at a time that the overly centralized and ideologically radical government of the BJP has initiated policies that will jeopardize India’s regional and national security. This paper draws keen linkages between these comingled phenomena, and its findings suggest that the BJP has embarked on a course of ideological frenzy and self-harm that shall constrain economic growth and trigger irreparable social fissures.
Keywords: India, Economy, Emerging Markets, Fascism, BJP, Politics, Islamophobia
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