One year of Modi 3.0: Big bets on infra, jobs, and reforms fuel the march to Viksit Bharat

/7 min read
magazine-cover-image
This story belongs to the issue:
June 2025
Read Full E-Magazine

This story belongs to the Fortune India Magazine June 2025 issue.

In its third term, the Narendra Modi-led government has continued to reshape India’s economy through bold moves in infra, trade, job creation, and tax reforms.

ADVERTISEMENT

One year of Modi 3.0: Big bets on infra, jobs, and reforms fuel the march to Viksit Bharat
Prime Minister Narendra Modi at the Adampur air force station in Punjab on May 13, 2025, days after Operation Sindoor. Credits: PIB

IN JUNE LAST YEAR, when the results of the Lok Sabha elections were announced and the Bharatiya Janata Party secured 240 seats, it had to depend on its National Democratic Alliance partners to form a government. At that moment, the question on everyone’s mind was, will Prime Minister Narendra Modi be able to successfully lead an alliance without the BJP being in the majority?

Given the compulsions of alliance leaders under previous coalitions, the concern was whether coalition pressures will undermine the policy plank of the government.