)
With Mr Jaitley preferring continuity over change, good days might take a little longer to arrive
So what are the Modi government's economic priorities?
Given its emphasis on government spending, the president's address last week could have been crafted by UPA-II
Focus on upgrading existing towns, not showpiece new cities
Indonesia, Turkey and Afghanistan also see important polls
Even if Narendra Modi comes to power, the revival of sustainable growth is far from certain
UPA failed to undertake economic, social and administrative reforms to strengthen India's long-term development potential
Optimistic and sceptical views of the Aam Aadmi Party phenomenon
A few speculations about the new year
Macroeconomic policy aimed at short-term political gains does not augur well for a poorly performing economy
Senior government officials may now be exuding confidence, but India's macroeconomic condition remains quite shaky
The strategy that helped speed up India's economic revival after the 1991 crisis won't work today
All economic indicators point to a complete collapse with little hope for revival
The decline in the rupee's value shows that the government's efforts to fix the economy have been too little, too late
Rapid and inclusive growth in the medium term does not look too likely if one examines the array of unattended constraints
Reverting to 8 per cent growth in three years looks like a distant mirage
Domestic policy is primarily responsible for macroeconomic problems
The current external fragility has not appeared suddenly; it is a result of sustained neglect and economic mismanagement
Budget 2013-14 may manage to control the fiscal deficit, but pushing growth and fixing the current account deficit are another matter
Unusually for the post-reform period, fixed investment has fallen relatively since 2008