Is India ready for Narendra Modi \'style\' reforms?  

June 12, 2014

According to Rabobank, the newly elected Modi government is most likely to push ahead with large numbers of stalled public sector projects, invite FDI in sectors like railways and bring major administrative reforms

Moneylife Digital Team

There has been a dramatic transformation in India\'s prospects over the past 12 months, and particularly since the recent May election results. After receiving a strong mandate from voters, the newly elected Narendra Modi government can push ahead with a large number of public-sector projects that already have funds allocated but which have fallen into a \'development hell\', invite foreign direct investment (FDI) in sectors like railways and bring major administrative reforms to tackle widespread bottle-necks and inefficiencies, says Rabobank in a report.

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