Modi government infrastructure push draws Blackstone praise amid youth job protests
The Bloomberg segment explores India's economic potential as the world's most populous nation, highlighting Prime Minister Modi's efforts to unify disparate states for growth. It features Blackstone COO Jon Gray crediting infrastructure and pro-business policies for strong private equity returns, investor Mohandas Pai on the massive educated youth cohort (260M in school, 45M in college, 800k engineers yearly), and academics Sonalde Desai and Deepa Mani on state-level demographic and regulatory differences driving competitive federalism. Interviews with JK Paper's Harsh Pati Singhania and others address bureaucratic improvements, dispute resolution, and global positioning between the US and China. The piece links youth frustration over mismatched jobs and exam scandals to summer 2025 protests under the Cockroach Janta Party that led to the education minister's resignation, while noting infrastructure gains like modern airports and Mumbai flyovers.
Source: Bloomberg Television
