As any governor of the Reserve Bank of India will tell you, one of the most difficult aspects of policymaking is that of managing expectations. As the Narendra Modi government completes one year in office this month, managing the burden of expectations of over 1.2 billion Indians is proving to be its biggest challenge. A year after sweeping to power—it’s the first single-party majority administration since Rajiv Gandhi’s in 1984—unbridled euphoria has made way for cautious optimism and, in some cases, even a quiet unease over the pace of reforms.
(This story appears in the 29 May, 2015 issue of Forbes India. To visit our Archives, click here.)
The PM never rests...He keeps on working, working and working...I am not a Modi-Bhakth but I have never seen any Indian PM work like this...hats off to him for the 1st anniversary of his Govt. We have full hope in him and his ministers. Just wait and watch...
on May 18, 2015