142 Ease of doing business index Currently 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 % Negative 1.7% 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-Modi Elections 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 decisions mni-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 2014 Modi 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