Expectations from the Narendra Modi government have skyrocketed after the massive electoral mandate the Bharatiya Janata Party (BJP) has received at the just-concluded Assembly elections in India’s largest and politically most influential state, Uttar Pradesh. Business leaders are now hoping that the pace of economic reforms would gain fresh momentum. Many stock market players are optimistic of the benchmark indices rising to new highs.
Economic analysts, too, are predicting that a politically emboldened government at the Centre would soon roll out the much-delayed labour reforms, fulfil the promise of privatising at least the unviable public sector undertakings, address the twin
