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Good governance matters more than policy said Narendra Modi, the prime ministerial candidate of the Bharatiya Janata Party (BJP). The past performance of the NDA government (a BJP-led multi-party alliance), Modi’s performance as the chief minister of Gujarat and his vision as articulated in election speeches, indicate the focus will be on governance, big infrastructure projects and manufacturing.

Roads – The most Basic Infrastructure
The BJP led NDA government of Shri Atal Bihari Vajpayee 1999-2004 was credited

Honorable Shri Narendra Bhai Modi, the Prime Minister elect of India 2014 has endorsement from the Congress Camp by Shri Manoharsinh Jadeja who spoke to the American Consulate General in which he recorded the statement endorsing the Great Governance of Narendra Modi as well as his Non-Corrupt administration. Wikileaks which has trapped the cable transmission between American Consulate in India and Washington has published it here.

The Ruling Coalition Government led by the Corrupt Congress Party has accepted defeat that it can’t turn around the economy as it officially downgraded the GDP estimate to less than 5% and previous FY being the worst in the decade.

Growth by activity was led by agriculture up 4.6%, services up 6.9% while industry came in at 0.7%. On the
expenditure side, the 4.6% print was primarily led by net exports which contributed ~50% to the headline number. Investments (GFCF) painted a sorry picture, up 0.2% while consumption decelerated further to 4.4%.

Recent studies indicate that a sharp decline in capital productivity has resulted in India’s potential growth declining from 8% to 6.5% currently. This possibly