GREATER DEMOCRACY

Mr Modi’s entire philosophy has been that we are a federal setup and states should be empowered. One of the very first things that the NDA Government did was to distribute more money to state Governments. This is true federalism in practice. This helps democratically empower states, and gives them the freedom to take their own decisions. Instead of having decisions pushed down their throats, states now have a choice to make their own. This is also keeping in line with what the Constitution has envisaged. This is clearly stepping away from the malpractice of one particular political dynasty that in the past would keep all powers vested with the Centre, especially when it came to distribution of funds to states.

INVESTORS’ CONFIDENCE

In the world order, India is looked up to with pride. Indians can now hold their heads up so high, which has not happened before. There is no world leader of the stature of Mr Modi, neither Obama or Putin come close. He has the highest stature among world leaders, he stands the tallest. He is a rockstar. All these factors have built confidence among investors. They feel that there is an administration that is strong enough. They feel that their money is safe in India. They feel that there is a rule of law here. They feel that there is a Prime Minister who is ever willing and hands-on about addressing issues that investors want to know about, and thereby create a climate of investment and enterprise. It is true that the big money has not started coming in as yet, but all this does not happen overnight. Investors are realizing that the ease of doing business with India has increased dramatically, and this is crucial for the nation. So the global community will come to invest huge amount of money in India over the next few years.