CLSA, as an investment advisory house, has been vocal about the possibility of Narendra Modi becoming the next prime minister of India. What makes you think so? Indian markets are going up because Narendra Modi is going into national elections. Whether people get this right or wrong, theres a sentiment about it. Corporate India expects investment-driven growth to governments prioritising various forms of rural benefit schemes. The opinion poll suggests that 90% of Indian corporates prefer the Opposition party. The private sector businessman supports the current Opposition party. A year ago, I was told that Modi wont be a national candidate, but I thought he will be the national candidate. Six months ago, I was told that he wont have national appeal, but I thought he will have national appeal. Whats impressive about Gujarat is its investment-driven growth, and its not based on one sector. Modi is an activist; there is no energy problem in the state, and the bureaucracy is result-oriented. Read Full Article here: bit.ly/17lPEzc
Posted on: Wed, 20 Nov 2013 10:03:55 +0000
Trending Topics
Recently Viewed Topics
© 2015