India

        In the next month India will be preparing for their national elections. A candidate that is being

looked closely is Narendra Modi, from the Bharatiya Jahata party, many say that he can change the

economy of India. Although there are also many that say that it can be false hope. There are reasons

behind some believing that the economy can not change, some of them are that the projects that can

help boost the economy are being put in a hold because there is not enough funds. There is also that

some investments and projects are just waiting for an approval from the state government and not the

federal government.
         
       Apparently two thirds of the projects that are waiting approval from the federal government are

in the power and steel sectors which in result are in massive capacity, therefore making any new

investment unnecessary.  In result some say that whatever the election results are not much is going

to chafe for India's economy, and there is hope for India but that it will not be on who will be the next

prime minister of India.

http://www.forbes.com/sites/meghabahree/2014/03/24/even-narendra-modi-may-not-be-able-to-help-the-indian-economy/