India in the Mood for Modi

What will come first for Mr Modi? The transition in India can be fast, with Mr Modi likely to be installed within a week or so of the official results (and a replacement chief minister for Gujarat named too). He is a man who exudes impatience, and whose campaign has often emphasised the need for efficient, decisive government able to implement policies with speed. India’s stockmarkets are rallying, investors expect measures to be taken quickly to encourage investment, economic growth, job creation, better infrastructure and a broad return of confidence in India. A starting point will be in naming figures in the administration, and in the cabinet, who share Mr Modi’s ideas of economic development. Next would be the announcement of some high-profile measures—perhaps the passing of a long-delayed national tax reform to open India more effectively as a single market—to signal that his preoccupation is economic matters.