India’s Dysfunctional Power System Is a Threat to the Next Five Years
For the country to keep up economic growth, it needs to meet the expanding electricity needs of 1.4 billion people. Summer outages don’t bode well.
A cardboard cutout of India Prime Minister Narendra Modi during vote counting for the national elections in New Delhi.
Photographer: Prakash Singh/BloombergWelcome to our guide to the commodities underpinning the global economy. Today, reporter Rajesh Kumar Singh looks at the aftermath of India’s general election and why the race to meet growing power demand is one of the toughest challenges ahead for the next government. To get this newsletter in your inbox, sign up here.
Prime Minister Narendra Modi, the man who set out to transform India in 2014, looks set to begin a third term with a weakened mandate and little option but to keep the economy growing if he is to remain at the top.