Modi plans post-election reforms to rival China


India's Prime Minister Narendra Modi shows the Bharatiya Janata Party (BJP) symbol during a roadshow as part of an election campaign, in Varanasi, India, May 13, 2024. REUTERS/Adnan Abidi/File Photo

INDIAN Prime Minister Narendra Modi plans a raft of business-friendly measures if he wins a third term this week, including pushing through regulations making it easier to hire and fire workers, according to government officials.

As part of an election pledge to transform India into a global manufacturing hub, Modi wants to offer subsidies for domestic production modelled on recent packages for semiconductor firms and electric vehicle makers, said the officials.

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