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What Modi's win means for common man & economy

THE ECONOMIC TIMES
Fri, May 23, 2014 | 06:25 PM IST

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It has a 5-year term. 100 days that promise to shake the world may earn initial brownie points. But if it isn’t implemented, headless chickens will come home to roost.
Indian voters deserve compliments for giving a decisive mandate that demolished the politics of religion and caste, and for putting their faith in inclusive development and governance.
The BJP had in its election manifesto promised to revive the economy from the slowest pace of growth in a decade and expedite foreign investments.
A new finance minister will have to mend ties with some of the regulators, alter the terms of engagement and also ensure accountability.
The infrastructure agenda is humongous and a new establishment could be lost in a maze of choices. These are the top five priorities being suggested.
A stable Modi-led government has been elected to power. Find out what this victory means for the markets and your investments.
Leading recruitment and search firms said mood has turned bullish almost overnight that has been on a roller coaster for the past 8-10 quarters.
UPA's decade-long rule was characterised by doling out key reforms like rights-based legislation, cash transfers, land acquisition act, Aadhaar and green revolution. The incoming NDA govt needs to think over these important issues.
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