..........Yet it’s hard to see how anything other than early elections will break the gridlock in New Delhi. Investors can’t be certain that any new government will push forward with difficult reforms. They know for sure, however, that the current government cannot. Singh is a spent force. Few expect the 80-year-old prime minister to retain his office even if the Congress leads the next government. He is by all accounts an honest, humble man. His most honorable decision might be to hasten his own exit.
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