Why Goldman thinks general elections will help India grow by 6.4

.....Crisil had cast doubts whether the government will be able to achieve its stated objective of reigning-in fiscal deficit at 4.8 percent. Among other reasons cited include the expected lowering of interest rates by the RBI besides a drive on the policy front to expedite projects. “Ongoing policy reforms to de-bottleneck infrastructure and other investments, particularly, the Cabinet Committee on Investments can help,” the Goldman Sachs report said. Additionally other factors like the improvement in the global economic climate will also act as a “tailwind,” Goldman said.......

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