Large coalition governments complicate policymaking at the centre as coalition partners and outside parties pursue their own agendas. The competence of state government varies enormously across India s -- states and union territories. India s tense relationship with Pakistan still weighs on regional stability. The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns. ...The two countries have gone to war three times since they were partitioned on independence from British rule in ----. Issues such as the ineffectiveness of the executive and judiciary in controlling underhand practices, the apparent arbitrary allocation of government licences, and the uneasy influence of special interest groups remain key investor concerns.
...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. ...A secular constitution, framed in ----, officially guarantees justice, liberty and equality while aiming to promote fraternity among the citizenry. More than -,--- political parties registered for the April-May ---- general elections, competing for the preference of India s ---mn eligible voters. Despite its multitude of problems, India has generally managed to avoid hard authoritarian rule or military coups, which have happened in many other developing countries, including India s neighbours Bangladesh, Myanmar, and Pakistan. ...More than -,--- political parties registered for the April-May ---- general elections, competing for the preference of India s ---mn eligible voters. Despite its multitude of problems, India has generally managed to avoid hard authoritarian rule or military coups, which have happened in many other developing countries, including India s neighbours Bangladesh, Myanmar, and Pakistan.
...In macroeconomic terms, India is set to be a global growth outperformer in the coming years. India s high consumer savings rate and the efficacy of the regulation undertaken by the Reserve Bank of India have provided stability. ...India s high consumer savings rate and the efficacy of the regulation undertaken by the Reserve Bank of India have provided stability. Although loans have been growing rapidly, there are few signs of the excesses that have taken place over the last few years versus that of China. The lack of linkages between Indian banks and the global financial system means that they are comparatively immune to volatility in global markets. ...
