ModiNomics
A Journey of Inclusive Growth
By Sameer Kochhar
By Sameer Kochhar
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.
“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”
Chief Minister, Government of Andhra Pradesh
“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”
Chief Minister, Government of Maharashtra
“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”
Chairman, Fifteenth Finance Commission
“ModiNomics is about applying good economic principles, a good understanding of determinants of growth and executing it”
Economist
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.
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