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Menaka Doshi | Modi Is More Powerful Than Ever — Even as India’s Economy Strains | Big Take, Sonic AI
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Modi Is More Powerful Than Ever — Even as India’s Economy Strains | Big Take
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May 12, 2026
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19:14
Interview
Modi Is More Powerful Than Ever — Even as India’s Economy Strains | Big Take
From
Big Take
Menaka Doshi
(Senior Editor, Bloomberg, guest)
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Executive Summary
Prime Minister Narendra Modi's BJP secured a historic landslide victory in the West Bengal state election, consolidating its political power across East India and significantly weakening the national opposition.
The win was achieved despite severe economic headwinds, particularly an energy crisis driven by Middle East conflict and India's high dependence on fuel imports.
The government strategically suppressed retail fuel price increases before the election to shield consumers, but prices are expected to rise sharply post-election, fueling inflation.
The victory, marred by controversial voter roll purges, emboldens Modi's Hindu nationalist agenda and centralized governance model, raising concerns about democratic norms and social polarization.
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Political Consolidation Amidst Economic Strain
Energy Dependence and Economic Vulnerability
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