UPA to form government, will there be more economic reforms?

The Congress led United Progressive Alliance (UPA) gets the mend ate from the people of the largest democracy of the world. The election results were stunning for the BJP and Left party in India. UPA will back to power and carry on the business.

The first Monday after the General Elections was proved good for the stock market and gain the confidence of the all sort of investors including the global financial investors. In 2004, after the election and mandate to UPA, the markets had responded in the similarly way.

The people of India will have one big question in their mind, whether the UPA government will go for more and more economic reforms as it did to tackle the impact of the global financial crisis. Now the approach for economic reforms would be every easy for the UPA government as the Left will not be there in Government.

The UPA government without Left parties obstacles over the economic policies would expect to function very well. Industry body and the corporate world expect big economic reforms from the new government of India.

Last year has been tough time for the government due to the global financial crisis. And there will be more responsibilities on to be Finance Minister of India. The forthcoming budget will give the highlights of the government's possible performance.

It can be expected that the government of India would go for more and more economic reforms in the forthcoming years. The priority of the government will be to check the impact of the global crisis.