142

Ease of doing business indexCurrently 142 (of 189) – Modi wants India to be in the top 50

Looking at the impact of the new government through the lens of MNI Indicators

Modi is the man for business

Consumers unimpressed with Modi

Measuring Modi’s impact on India

Impact of Modi's government policies on business

Business costs down

Business sentiment is higher

Positive

39%

Negative1.7%10%

after Modi, despite easing in recent months

Jan 2014 Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 2014

Pre-Modi Post-ModiElections

MNI India BSI Future expectations

+2.8%Higher income households more optimistic

-3.6%Lower income households unconvinced

Nov 13 Mar 14 Jul 14 Dec 14

Consumer sentiment

in November

1 year low

MNI India Consumer Sentiment Indicator

MNI India Business Sentiment Indicator

North +1.6%

East -2.6%

West -0.5%

South -1.3%

-11%

MNI Input Prices Indicator down since Modi was elected

India's businesses have reacted well to new Prime Minister Narendra Modi, with sentiment rising during 2014. Modi has still not, however, won over the majority of consumers who have yet to feel any benefit from the new government.

Consumer sentiment split by income group (change after Modi)

The regional picture:Impact of Modi seen through MNI consumer sentiment

Household finances down after Modi

said their financial situation was better than a year ago

50% 30%Pre-Modi Post-Modi-3.2%

Mumbai -0.2%

Bengaluru+2.4%

Delhi +1.7%

Kolkata -7.9%

Central + 1.6%

Insight and Data for better decisionsmni-indicators.com

Top 50

On the way to the top 50?

Modi boost yet to be seen amongst

consumers…

The RBI raised interest rates by 25 basis points to 8% (the third rate hike by Raghuram Rajan)

28 May 2014Modi takes office as India’s 15th Prime Minister

Modi announces 10 key government objectives, ranging from infrastructure to foreign investment

Launch of 'Make in India'; a plan to make India a manufacturing hub

CPI inflation at record low

Deregulation of diesel prices

India in 2014