Political stability could boost India's economy

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Updated May 22, 2009 19:53:11

India's Prime Minister Manmohan Singh was scheduled to be sworn in on Friday for his second term after winning a resounding victory in elections finalised a week ago.

Some hard bargaining with smaller parties means the Congress Party-led coalition commands 322 seats in the 543 seat Parliament. The Prime Minister's image as a steady hand on the economic tiller and now the promise of political stability should help India ride out the global financial crisis better than some.

Presenter: Karon Snowdon
Speaker: Adit Jain, Chairman of IMA India .

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