Part 5/15:
Yet, the recent election exposed cracks in this narrative. The BJP’s core supporters faced challenges—rural distress, agricultural stagnation (growth fell from 4% to a mere 0.4%), and rising unemployment (at 8.1%) have affected the government’s credibility. Critics argue that Modi’s focus on welfare for the wealthy, and corporate-friendly policies, have widened inequality. The top 10% of Indians hold over 65% of the nation’s wealth, and the richest 1% command over 40%. While India remains the world’s third-largest economy with a vibrant number of billionaires, vast sections still live in poverty, highlighting the persistent disparities.