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BJP wins elections: What comes next?

BJP wins elections: What comes next?

BJP wins elections: What comes next?

BusinessToday.In
BusinessToday.In
  • Updated May 17, 2014, 1:05 PM IST
 BJP wins elections: What comes next?
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In pic: A rangoli showing a map of India with an image of Narendra Modi, the prime ministerial candidate for BJP, at party's office in Ahmedabad. As BJP storms to victory in general elections, India - and the world - will be watching what comes next.

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In pic: An illumination of BJP's party symbol- lotus- in Varanasi. The election that brought Narendra Modi into the prime minister's office has important implications beyond India's borders in terms of foreign policy, foreign investment.
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India, with a population of 1.2 billion, is among the four big developing countries - Brazil, Russia, India and China - and foreign investors have been pouring billions of dollars into Indian stocks and bonds in anticipation of a Modi victory.
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Modi has campaigned on a promise of economic revival, and the resounding win means he will be under extreme pressure to deliver - and deliver fast.
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Matter of concern: India has a volatileborder with Pakistan, and tensions between the nuclear-armed neighbours are amatter of international worry.

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The United States refused to issue Narendra Modi a diplomatic visa in 2005 in the wake of 2002 Godhra riots. Britain cut ties with India after three of its citizens were killed in the same riots. But over the last two years all that slowly changed as Modi relentlessly campaigned on a platform of economic revival.
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Even many who shunned Narendra Modi in the aftermath of the Godhra riots began building bridges as the leader marketed Gujarat as a friendly place for investment and industry.
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Modi will have a fight on his hands to gain full cooperation from many state governments, which he needs to implement his agenda nationwide.