By Sameer Kochhar
Released on 20th September 2025 at the India Habitat Centre, New Delhi
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Marking 25 years of Prime Minister Narendra Modi in public offce, ModiNomics — A Journey of Inclusive Growth offers a definitive account of his governance and economic philosophy. From Jan Dhan to Ujjwala, Swachh Bharat to Digital India, it explores how millions were brought into the mainstream of development with speed and scale.
The book examines both the vision and the outcomes—financial inclusion, welfare delivery, infrastructure, and digital empowerment—that have shaped India's transformation. It asks the vital question: has Modi delivered on the promise of inclusive growth, and how far has India travelled on this journey?
Accessible yet analytical, this is not only a chronicle of policy innovations but also a verdict on their impact. A compelling read for policymakers, scholars, business leaders, and citizens alike, ModiNomics captures India's story of ambition, resilience, and inclusive progress under Modi's leadership.
It was February 2014. My book, ModiNomics, had been released a few days earlier and I found myself seated across a senior minister of the UPA government. The minister was curious, genuinely interested in my firsthand impressions of Chief Minister Narendra Modi, the man increasingly seen as the opposition's prime ministerial candidate. After exchanging pleasantries, I posed a question that had been on my mind: "What do you think the election results will look like, given his rising popularity?"
The minister leaned back thoughtfully. "We might lose some seats," he admitted, "but we will come back. Perhaps with a diminished majority but a bigger coalition."
I pressed further, intrigued by his confidence. "But what if Modi wins an absolute majority?" His response was immediate, unguarded and surprisingly candid. "Then we would have made a big mistake."
He had no inkling of the landslide victory looming on the horizon for Narendra Modi—a victory that would redefine India's political landscape.
“India's growth trajectory is inseparable from the digital transformation of governance. ModiNomics provides a compelling account of how visionary initiatives such as the JAM Trinity and Digital India have not only accelerated economic progress but also empowered millions at the grassroots. It is a timely and insightful work that highlights technology's role as a true enabler of inclusion and opportunity”
“ModiNomics captures a decade where inclusive growth, digital empowerment and cooperative federalism came together to rede ne India’s development journey. It reminds us that when governance is both visionary and people-centric, transformation becomes inevitable”
“ModiNomics - A Journey of Inclusive Growth” captures the evolution of reforms and initiatives that have de ned India’s recent economic path. Building on the SKOCH Group’s role as a catalyst for action, it o ers sharp insights into policymaking and inclusive growth. An inescapable read for anyone seeking to understand the government’s evolving economic vision”
Over the last decade or so, nearly 27 crore people have been pulled out of extreme poverty. India has simultaneously risen to be the fourth-largest world economy. From being among the 'Fragile Five' economies to now pacing towards being the third-largest economy India has scripted a story of 'dreaming big and delivering even bigger'. It is a story of executing ambition. And all this has been made possible due to the 'Can Do' approach of India's Prime Minister Shri Narendra Modi ji. The book ModiNomics captures in detail Modi ji's 'courage of hope' and story of 'matching action with ambition' over 25 years - first as the Chief Minister and then as Prime Minister to a nation of 140 dreams, hopes and aspirations.”
“Offering a glimpse into Modi ji's visionary leadership during his chief ministership, Shri Sameer Kochhar writes, "As Chief Minister Modi’s tenure in Gujarat progressed, a distinct administrative style emerged - one combining business-like efficiency with visionary zeal. He was often described as a 'man in a hurry', impatient to get things done and done right. In bureaucratic meetings, he would zero in on execution details: 'Great policy, but who is monitoring it on the ground? What is the timeline? Where are the bottlenecks?' These questions he would throw at officials. Narendra Modi’s administrative persona also combined strict accountability with motivational leadership. He could be a hard taskmaster - bureaucrats in Gujarat learned quickly that monthly review meetings meant coming fully prepared with facts and figures at their fingertips.'”
“This book is a must read for those trying to understand how India scripted the story of an economic turnaround - from 'Fragile Five' to world's largest fastest growing economy.”
Bhupender Yadav
Union Minister of Environment, Forest and Climate Change
Dear Mr Sameer,
I am grateful to receive the commemorative book marking the Honourable Prime Minister Sh Narendra Modi’s 75th birthday and his 25 extraordinary years in public life. This thoughtful gesture is a true honour and serves as an inspiring tribute to a remarkable journey of leadership vision and service to the nation.
Thank you for sharing this value keepsake that reflects a legacy of dedication, progress and unwavering commitment to the people of India.
With sincere appreciation.
Mariano A Caucino
Ambassador, Embassy of the Argentine Republic
Dear Mr Sameer,
I would like to take a moment to appreciate you for your outstanding and thoughtful writing. This book Modinomics reflects his deep understanding of India’s economic journey and his commitment to meaningful public dialogue. Your insights make complex policies clear and easy to understand, while adding real depth to the conversation. I wish you the very best for this book and for all your future endeavours. May your work continue to inspire important discussions that shape our nation’s future.
With Regards
P C Mohan
Member of Parliament, Lok Sabha
Dear Mr Sameer Kochhar
The High Commissioner presents his compliments to you and wishes to express sincere gratitude for the kind gesture of presenting the book titled "ModiNomics: A Journey of Inclusive Growth" to the High Commission.
The thoughtful gift is deeply appreciated and it will be a valuable addition to our collection. The High Commissioner conveys heartfelt thanks for this token of goodwill and consideration.
Please accept the assurances of the High Commissioner's highest consideration.
Swarnali Ghosh
Social Secretary, South African High Commission
Arrival, Tea, Meet and Greet
Book Release: ModiNomics - A Journey of Inclusive Growth
Welcome & Opening Remarks: Mr Rohan Kochhar, Founder, SKOCH Law Offices
Summary: Mr Rohan Kochhar introduced Modinomics: A Journey of Inclusive Growth by Sameer Kochhar, presenting it as a comprehensive account of Prime Minister Narendra Modi’s 25 years in governance. The book traces how policies like Jan Dhan, Ujjwala, Swachh Bharat, electrification, and digital empowerment brought development to the last mile. It also evaluates macroeconomic reforms such as GST and IBC while questioning whether growth has been truly inclusive, offering both a chronicle and a verdict on India’s evolving development story.*
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Introduction by Author: Mr Sameer Kochhar, Chairman, SKOCH Group
Summary: Mr Sameer Kochhar reflected on his journey as a reforms historian and the evolution of Modinomics, tracing its roots to 2013 when he first coined the term. He highlighted Prime Minister Modi’s focus on combining economic and governance reforms to ensure inclusive growth through initiatives like Jan Dhan, Mudra Yojana, Digital India, and DBT. Kochhar shared his writings documenting this transformation, emphasizing job creation, livelihoods, and improved quality of life as central to Modi’s 25 years in public service. His latest book, Modinomics: Journey of Inclusive Growth, compiles these insights and real-life stories of impact.*
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Book Release by Chief Guest: Dr L Murugan, Minister of State, Ministry of Information & Broadcasting
Address by Guest of Honour: Mr Sanjay Jaju, Secretary, Ministry of Information & Broadcasting
Summary: Mr Sanjay Jaju praised the release of Modinomics: Journey of Inclusive Growth as timely during Seva Pakhwada, calling it a valuable documentation of Prime Minister Modi’s 25 years in public service. He highlighted visible transformations in villages—housing, electrification, sanitation, health, and DBT-driven welfare—showing inclusive growth at the grassroots. Stressing the importance of documenting good governance, he lauded Sameer Kochhar’s role as a “reforms historian” and urged readers to engage with the book as a resource for research and learning.*
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Keynote by Chief Guest: Dr L Murugan, Minister of State, Ministry of Information & Broadcasting
Summary: Dr L Murugan hailed Modinomics as a historic account of Prime Minister Modi’s 25 years in governance, combining economic reforms with social welfare. He emphasized how schemes like Jan Dhan, Ujjwala, Beti Bachao, PM Awas, and Garib Kalyan Yojana lifted 25 crore people out of poverty. Highlighting digital payments reaching even remote villages, he underlined how trust between government and citizens has fueled transformation. He concluded with confidence that these initiatives are steering India toward Viksit Bharat 2047.*
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Vote of Thanks: Dr Gursharan Dhanjal, Vice Chairman, SKOCH Group
Summary: Dr Gursharan Dhanjal described Modinomics 2 as the evolution of Gujarat’s model into an “India model” of inclusive growth. He emphasized that the book is built on firsthand interactions with beneficiaries rather than secondary references, making its 700+ pages a people-centric narrative. Highlighting schemes like Ujjwala, he explained how they deliver multi-dimensional benefits—health, environment, time, and dignity—especially to those at the margins. He praised Sameer Kochhar’s effort in capturing 25 years of transformation as an authentic chronicle of change.*
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* This summary content is AI generated. It is suggested to read the full transcript for any furthur clarity.
Author: Sameer Kochhar
Pages: 716
ISBN: 978-81-992847-2-2
Language: English
Edition: First
Pub. Year: September 2025
About the Author: Reforms historian and author of best-seller ModiNomics, Sameer Kochhar is Chairman, SKOCH Group. He is a passionate advocate of social, digital and financial inclusion and is a foremost expert on governance and inclusive growth. His work has been acclaimed globally and endorsed by Mr Narendra Modi, Mr M Venkaiah Naidu, Dr Manmohan Singh, Mr Arun Jaitley, Mr P Chidambaram, Mr Yashwant Sinha, Dr C Rangarajan and Dr Montek Singh Ahluwalia. In his thinking and writings and activities, his profound admiration for India's economic reforms and in extension, those outstanding personalities who strive to make these reforms more meaningful and broad based comes out clear and unambiguous. He has published over 20 volumes, the notable being India 2047 — High Income with Equity; India 2030- A Socio Economic Paradigm; ModiNomics; Defeating Poverty: Jan Dhan and Beyond and Modi's Odyssey: Digital India Developed India.
| Acknowledgements |
| Introduction |
| Part 1: Gujarat 2001-14 |
| 1. India Votes Hope |
| 2. Foundations of Modi’s Leadership |
| 3. Inclusive Growth in Gujarat |
| 4. People-Centric Digital Governance in Gujarat |
| 5. Sabka Saath, Sabka Vikas at the National Scale |
| Part 2: Centre 2014-25 |
| 7. Transforming Lives – A Decade of Progress (2014-Present) |
| 8. Sustaining Momentum – Work in Progress |
| 9. Equitable Growth as a Foundation for Development |
| 10. Tribal Welfare and Development – Historical Context and National Overview |
| 11. State-Level Innovations and Case Studies in Tribal Development |
| 12. Digital India – Transforming Governance (2014-16) |
| 13. Digital India – Empowering Lives (2016-23) |
| 14. Social Inclusion in India |
| 15. No State Left Behind |
| Part 3: Beyond 2025-47 |
| 16. Amrit Kaal – India’s Golden Window (2022-47) |
| 17. Digital India 2.0 – Technology as the Backbone of Transformation |
| 18. Inclusive Bharat – Financial, Social and Gender Empowerment |
| 19. Human Capital for a Developed India – Health, Education and Skills |
| 20. Economic Growth and Jobs |
| 21. Environmental Sustainability – Balancing Growth with Green Commitments |
| 22. Institutional Excellence – Governance, Judiciary and Federalism |
| 23. Conclusion India@2047 – Achieving High Income with Equity |
The last decade of Gujarat and the rise of Narendra Modi first as the Chief Minister and then as a national leader being the Prime Ministerial candidate of the Bharatiya Janata Party (BJP) has catapulted the Gujarat model and Narendra Modi into the national and international limelight. In the interim, especially in the last few years, there has been much literature on Gujarat and Narendra Modi. However, much of it is presented from a personality or political perspective.
In the run-up to the national elections around May 2014, public interest goes beyond politics and personality. There is interest on some of the pioneering work done in Gujarat around governance and Panchayati Raj. The nation wants to know how Narendra Modi and his team of bureaucrats have been able to make a difference. There is curiosity about the interplay between politics, economy and policy. Crucially, the world wants to know if the Gujarat model is scalable to the national level.
“Modi’s vision of business development has three simple pillars. One, higher investment leads to higher growth. Second, progressive policies lead to greater investments. Third, all stakeholders should be encouraged for state and national good without the baggage of ‘isms’.”
However, today’s literature on Gujarat and Modi fails to cover his economics and governance vision. In the hurly-burly of politics, the innovations, the unique models and policies that Gujarat has seen over the last decade seem to be getting overlooked. This book presents the vision behind Modi’s thought process, and the action on the ground in terms of actual field reports and case studies. The book seeks to highlight the economic and development strategies adopted by Modi. The learnings from these would stand other states in good stead. Under Modi, Gujarat stands out for its long-term vision and impeccable execution. Governance is clearly not just about lofty speeches and promises but actual delivery; as is economics. One of the key ideas that the book brings out is that Modi is a proponent of both Inclusive Economics as well as Inclusive Governance. This in a sense is the essence of ModiNomics, a new phenomenon, which is discussed in the book.
Sameer Kochhar has been interacting with Gujarat and Gujarat Government officials since 2003. For much of the last decade, the annual Skoch Summits organised by Kochhar have featured case studies on Gujarat’s governance. Books, articles and reports have been done. Field assessments have been carried out. He has captured the voices of the common man. He has also interacted with Modi to know his mind on Gujarat and the nation first hand.
This book is an outcome of all the above and tells the Gujarat story in all its riveting details focusing on how Modi has brought about a sea change through his unique brand of ModiNomics.
“ModiNomics is a must read for those interested in the economic policy likely to be followed if the BJP comes to power”
23 February 2014
“Launching the book. Jaitley termed the 70s and '80s as "wasted" years under the Congress regime”
16 February 2014
“...a book approved as the authorised version of its prime ministerial candidate Narendra Modi's economic vision”
17 February 2014
“"ModiNomics"... foresees a big increase in spending on infrastructure. just as Gujarat has seen better roads. power and ports”
1 March 2014
Volumes Published
Reforms historian and author of best-seller ModiNomics, Sameer Kochhar is Chairman, SKOCH Group. He is a passionate advocate of social, digital and financial inclusion and is a foremost expert on governance and inclusive growth. His work has been acclaimed globally and endorsed by Mr Narendra Modi, Mr M Venkaiah Naidu, Dr Manmohan Singh, Mr Arun Jaitley, Mr P Chidambaram, Mr Yashwant Sinha, Dr C Rangarajan and Dr Montek Singh Ahluwalia. In his thinking and writings and activities, his profound admiration for India's economic reforms and in extension, those outstanding personalities who strive to make these reforms more meaningful and broad based comes out clear and unambiguous. He has published over 20 volumes, the notable being India 2047 — High Income with Equity; India 2030- A Socio Economic Paradigm; ModiNomics; Defeating Poverty: Jan Dhan and Beyond and Modi's Odyssey: Digital India Developed India.
| TITLE | LINK |
|---|---|
| Dr L Murugan Releases “ModiNomics: The Journey of Inclusive Growth” by Sameer Kochhar |
https://impressivetimes.com/latest/dr-l-murugan-releases-modinomics-inclusive-growth-book/ |
| Union minister Murugan releases book on PM Modi’s policies |
https://www.awazthevoice.in/india-news/union-minister-murugan-releases-book-on-pm-modi-s-policies-41747.html |
| “Modi Delivered Basics, Took 25 Crore People Out of Poverty” – Sameer Kochar at Book Launch |
https://tennews.in/modi-delivered-basics-took-25-crore-people-out-of-poverty-sameer-kochar-at-book-launch/ |
| “From Toilets to Transparency, Modi’s Vision Changed Lives” – Dr. Ramachandran at Book Launch |
https://tennews.in/from-toilets-to-transparency-modis-vision-changed-lives-dr-ramachandran-at-book-launch/ |
