But what India really requires is out of consideration, it needs 10 Million $ infrastructure development which will substantially increase living conditions in this developing country. It needs large share of improvement in Education, Industrialization, Agriculture, Healthcare, Rural Development and Defense sectors. With IMF and World Bank placing India under the self-sustaining economies list, the institutional finance seems difficult for new Indian Government to negotiate. Will India manage to generate the required funds to carry new phase of economic development.

It’s already clear that India will enter into new trade agreements with United States in Defense, Education and Industrialization sectors, boosting the relations and foreign direct investment into India. Is it time for United States to replace China as manufacturing destination with India which has been a service delivery center for United States for last two decades. One thing for sure, as strategic territories United States will place India in the Asia’s frontier to challenge the economic and defense capabilities of China.

The new Government routes are based on Indian Sovergnity and religious fundamentalism, will this be a corner stone as disruption to the economic development. With territories issues with Pakistan and China, Modi’s Government will have a strong voice to these internal issues. The day results announced, the new Governmental spokesman said “We will counter attack, in case of any violations”. These regional treats are going interrupt the economic prosperity of the nation.

Challenge or Strategy, India will continue its economic growth rate over 7% per year. If new reforms take shape, India can expect an overall growth rate above 10%.