2014: Modi to win a larger majority than polls suggest. But markets still too hot on reform.

We said:

After travelling 1,500 km across parts of two of India’s poorest states – northwestern Bihar and eastern Uttar Pradesh (UP) – over five days in early May, my own mini-opinion poll indicates that Narendra Modi is well on his way to becoming the country’s next Prime Minister when votes in the six week-long national election are counted on 16 May. Amid slightly waning but still important undercurrents of religion, caste and community, Indians are looking for faster economic development; and they believe that Modi holds the key. (India 08 May 2014)

Outcome:

Modi's BJP won with the largest majority of any government since 1984. 

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