On paper it would be a solid majority for NDA. I still feel Modi being out and having someone else from the BJP as PM would be better. This demonetization was a disaster and all this fake economic data scandals all seems to be ways to cover up the impact of demonetization which continues to today. An alternative would be a solid majority for UPA although while I do think Rahul Gandhi have matured as a campaigner this election cycle I think it would be a mistake to make him PM this election cycle.
What do you think of the likelihood of Modi going through with these reforms now that he has won such a huge mandate?
I doubt it. I think from the grassroots point of view "Reforms" are not things listed in that link. That list would be what investment community want. Reforms from the grassroots are really development like electrification and toilets. I suspect that NDA would end up focusing on those than neo-liberal reforms that I would be for.
From Reuters:
Exclusive: India to see 'big-bang' reforms in Modi's second term, says government think tankIn the first 100 days of Indian Prime Minister Narendra Modi’s second term, a slew of ‘big-bang’ economic reforms that should please foreign investors are likely to be pursued, according to a top official at the government’s main think tank.
The reforms will include changes in labor laws, privatization moves, and creation of land banks for new industrial development, said Rajiv Kumar, vice chairman of NITI Aayog (National Institute for Transforming India), who reports directly to Modi.
“They (foreign investors) will have reasons to be happy. You will see a slew of reforms I can assure you of that. We are going to pretty much hit the ground running,” Kumar told Reuters in an interview.
Modi is chairman of the think tank.
If he succeeds, Narendra Modi will definitely become the Ronald Reagan of India.
