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For someone who loves to accuse opposition, especially Congress, for being hand-in-glove with enemy countries (Pakistan) to try and oust his government from power, Prime Minister Narendra Modi now has backing from a country he has called a bigger threat than Pakistan: China.
In the run up to the 2019 Lok Sabha election, Prime Minister Narendra Modi government’s failure on the job front, with reports saying 1.1 crore jobs were lost in 2018, is the biggest challenge he faces.
The PM’s plight has been noted abroad, most notably by China. China’s state controlled media outlet Global Times observed: “Ahead of a general election due by May, Indian Prime Minister Narendra Modi suffered a setback in an India Today poll, which showed his popularity rating had dropped to a record low of 46 percent.”
The Global Times said Modi is facing growing discontent as people question whether his reforms can create enough jobs for Indian youth, and adds: “This isn’t good news for China.”
It says, “More than one year after the military standoff in Doklam, which plunged China-India relations to their lowest point in decades, bilateral ties are on the upswing.”
It adds: “India has a weak central government and diverse population. We hope Modi can improve his public standing so that he can consolidate sufficient power to push forward reform and Sino-India economic cooperation as bilateral relations warm up.”
It says: “A country usually has different priorities in its policy design at different stages of economic development. Earlier this month, an estimated 200 million people went on a two-day strike across India, media reports said, bringing the country to a standstill.”
“India is facing an increasing tough situation in creating jobs and improving wages for its workers. In other words, more importance will be attached to job creation in policy design,” says the Global Times report.
“The Modi administration needs good news in terms of job growth ahead of the upcoming general election,” the report says.
But how can Modi improve his image, the report asks, and suggests Chinese investment as the solution.
China’s investment in India is mainly focused on labor-intensive sectors such as building smartphone plants, the report observes and says China is witnessing a boom in outbound investment as its labor cost advantage shrinks.
“Encouraging Chinese companies to invest in India’s labor-intensive industries will help achieve this goal (of achieving job growth) and rapid growth in Chinese investment will help consolidate Modi’s political status before the general election, says the Global Times report.[/vc_column_text][/vc_column][/vc_row]