/region/central_south_asia/modis-economic-policy-encumbrances-loom-but-opportunity-awaits-55910/ Fact-based, well-reasoned perspectives from around the world Wed, 02 Jul 2014 16:05:26 +0000 hourly 1 https://wordpress.org/?v=6.9.4 /region/central_south_asia/modis-economic-policy-encumbrances-loom-but-opportunity-awaits-55910/#comment-23537 Wed, 02 Jul 2014 16:05:26 +0000 http://www.fairobserver.com/?p=42421#comment-23537 A very well written article on challenges and opportunities for Modi’s economic policies. Some of the responsible political parties such as AIDMK, BJD etc who are not alliance partner of NDA government led by Modi will support in passing those legislation in Rajya Sabha which are beneficial for state governments. Inflation is not big issue, provided economy keeps on moving at desired pace. Slow progress in opposition ruled state in inter-state infrastructure project involving BJP and allied ruled state and opposition ruled state will put opposition parties on back foot if it is caused by opposition parties ruling the state. Modi will be able to show case development in BJP ruled state and put the pressure on other states to follow good practices. It is true that more development will be visible in those states govern by BJP and its allied within two to three years time frame, and if the gap between rate of development between BJP and its allied ruled states and opposition ruled state increases, it will be disastrous for opposition parties. As there will be a number of models like Gujarat to show case for forthcoming State Assembly elections.

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