Counting the Cost

Modi’s scorecard

After one year in power, has India’s globe-trotting Prime Minister Narendra Modi made an impact on the economy?

It has been one year since India’s Hindu nationalist Bharatiya Janata Party was sworn into office. Led by Narendra Modi it claimed a landslide election victory by promising widespread reforms that would reposition India as a global power.
 
The prime minister has travelled the globe from Beijing to New York trying to convince investors to tap into India’s economic potential. But has he managed to deliver?

No one expects massive change in one year, but Modi’s plans are ambitious. By 2022 there is a pledge to create 100 million jobs, boost power production, and get a high-speed train network built. However, right now there is not much to show to the people on the street.

So can Modi turn around an underperfoming economy? And how will India change under his administration?

Al Jazeera’s Nidhi Dutt brings a report from New Delhi; and Prashant Sawant, economist at risk analysis and forecasting company Verisk Maplecroft joins Counting the Cost from India.

This infographic was provided by Maplecroft's Prashant Sawant [Verisk Maplecroft] 
This infographic was provided by Maplecroft’s Prashant Sawant [Verisk Maplecroft] 
Taking on Gazprom and Google

The European Commission says Gazprom is abusing its market power in Eastern and Central Europe – charges which the company denies.
 
Moscow believes the allegations are politically motivated, since Gazprom is widely seen as a foreign policy tool for the Kremlin.

But the commission has also opened up another front against tech giant Google. It does not like the way Google displays search results, favouring its own products and services above those of its rivals.
 
The EU has taken on the likes of Microsoft in the past, fining the software gaint more than 1.6bn euros.

Both cases have been brought by the EU’s new competition chief Margrethe Vestager, and she joins Counting the Cost to talk about tackling monopoly behaviour and to explain the case against Google and Gazprom.

After the quake: Rebuilding Nepal

Even before last month’s earthquake, Nepal’s economy was in bad shape, depending on money sent back by hundreds of thousands of overseas workers.

Hydro-electricity has long been seen as having the potential to transform the country economically, but its development has been slow. The government says the quake could actually promote growth in the sector.

So what is next for the country’s economy? 

Harry Fawcett looks at Nepal’s economy and speaks with Nepal’s Information Minister Minendra Rijal about what needs to be done, the challenges facing the country, and how to overcome corruption.