Fortune India
Fortune India

Fortune India

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WHEN FORTUNE INDIA’S journalists got together at the beginning of this year to conceptualise the May 2020 issue around the theme ‘Modi 2.0’ (and how the Narendra Modi-led Bharatiya Janata Party regime had fared in the first year of its second term), the discussions were centred around how the government, which was grappling with a slowing economy and declining consump-tion, would kick-start things again.

And then came Covid-19. As the pan-demic spread across the world, hitting the biggest and mightiest economies and bringing them to their knees. As this issue was put together, it be-came increasingly clear that 2020 would be a washout as far as the world economy-my is concerned—a lost year in history. Throwing aside all economic calculations, the world, and India, is currently busy battling the pandemic and attempting to flatten the curve of infections and deaths by way of an extended lockdown. In such a scenario, what can the Modi government do? With growth forecasts for India ranging from 0% to 1%, it is believed India would have done well if it doesn’t fall into a recession, and manages to stay in positive territory. But what is urgently required to keep the economy afloat is government spending by way of an aggressive stimulus package to add to the `1.7 lakh crore spent initially for the weakest sections of the population, and which is clearly not enough given the sheer magnitude of India’s problems. As factories, small enterprises, construction, aviation, and several other sectors of the economy sink deeper into trouble, the Modi government will need to pull out all stops and attempt to spend its way out of a potential recession. Whether the government has the ammunition to do that is the trillion-dollar question and something the cover story of this issue examines in detail.

Fortune is one of the most respected business magazines in the world. It is known for its unrivaled access to world’s most influential leaders and decision-makers. In a world of business long on information and short on time, Fortune stands out with trusted insight, deep reporting and provocative story telling. Few publications cover the world of business with as much depth, breadth, wisdom, and panache. That’s why Fortune is recognized as ‘the best magazine in the world that just happens to be about business’. Fortune 500 is perhaps the best-known brand in business journalism and the ultimate hallmark of corporate success. Launched in India in October 2010, Fortune India retains the spirit of the global brand with respect to thought leadership and practice from across the world every month while adding an Indian dimension. It is the only truly global business magazine dedicated to the global success of Indian business leaders, offering actionable insights to propel their businesses. Fortune Indai is published every month. Fortune India publishes 12 issues (8-regular issues and 4 special- listing issues) in a year. Single Issue Digital price for regular issues is 150 INR and 200 INR for special issues