India 2014: Assessing India's Opportunity
Hope has made a comeback in India. The grand yet sombre swearing in of the new Prime Minister yesterday made an impression; at least one Western commentator, John Eliot, wondered whether Mr Modi will become a transformational leader like Nehru ( see here ). The assemblage of South Asian leaders, specially invited for the occasion, also ignited hope of peace, stability and freedom of movement in South Asia, which will, in turn, make India's prosperity stronger and sustainable. Besides, the spectacle itself, that a new Prime Minister from outside the ruling elite is being sworn in, is a sign of how strongly embedded democracy has become in India (though as I argued elsewhere , it should never be taken for granted). The hope for India's prospects rests primarily upon the electoral fact that first time in thirty years, India has a majority government. The successive coalition governments, held at ransom by India's regional parties, struggled to move forward and respond to