India flag

BJP landslide represents a ‘mandate for growth’

Mon, 19/05/2014 - 16:02

Steven O’Hanlon, Head of Fixed Income at ACPI Investment Managers comments on what the Indian election result means for investors as BJP wins a landslide victory…

This decisive result is undoubtedly significant. We believe it represents a decisive mandate for growth and investment over subsidies and inflation – features of previous regimes. The clear mandate given to the BJP party, we believe can provide the type of stability in government not seen in India for a long time. Together with a strong RBI, this can create the conditions for sustainable growth for India.
 
The current excellent management of the central bank and India’s improving fundamentals means the country’s bond market once again merits interest. For those who have already invested, after quite a few dark quarters, the promise of an investment in Indian fixed income is once again looking bright. The policy errors of the recent past seem to be behind us and with a new Government overtly committed to continuing growth the hope is that this will continue.


Subscribe to free daily newsletter
Furtherreading
from our other sites
latestjobs
VP/SVP Credit Quant- NY- Investment Bank

Sun, 28 Dec 2014 00:00:00 GMT

Quantitative Research | Equity | New York

Sat, 27 Dec 2014 00:00:00 GMT

SVP Model Validation

Sat, 27 Dec 2014 00:00:00 GMT

events
2 weeks 1 day from now - New Orleans
3 weeks 3 days from now - Boston
3 weeks 3 days from now - New York
4 weeks 12 hours from now - New York
specialreports