| dc.description.abstract | According to IMF World Economic Outlook (WEO), all the market reports of banks or investment companies regard India as the most potential area for future investment. Its economic growth may transcend China because the population of 1.3 billion will create great bonus. Although Indian economic policy after independence continuously deregulates government laws and executes economic reform, many economic problems still need to be improved. Meanwhile, India government has to face the global financial crisis which causes the slow economic growth. Therefore, Indian people lose their hope and faith toward the government. Till now, the poverty rate in India is still the highest in the world. Since Narendra Modi commenced his prime minister career in May 2014, India’s economy performs better in stock market or in the statistics of economic growth. He has worked on many policy reforms which made fully trials and opening-ups in government interior affairs, infrastructure, and foreign investment. Also, Modi expects to radiate the prosperity in Gujarat state, which was governed by him, to the whole India. Now India government focuses on the infrastructure to build industrial corridors which create local employment and attract foreign companies to site factories. Moreover, it aims to use the five management principals in Modi economic philosophy, business, development, financial discipline, and gram panchayat to make India become one of the preeminent military and economic powers in the world. | en_US |