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Modi: Pro Business, Not Pro Markets

Last November, Indian Prime Minister Narendra Modi implemented a demonetization of the country's two most popular bank notes, sparking chaos across the country as people tried to deposit their cash before it became worthless. However, one year later, the Indian economy is growing at a healthy seven percent annually, and Modi remains an extremely popular leader. The Cipher Brief’s Fritz Lodge spoke with Director of the South Asia Program at the Carnegie Endowment, Milan Vaishnav, about Prime Minister Modi's economic plan to transform India into an economic superpower, and the critical role that defense spending and military modernization plays in "Modinomics."

The Cipher Brief: What are Prime Minister Modi’s key economic policy goals?

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