Political stability is the key to economic development. Comment with focus on the Indian Business Environment and the impact visible.

Political Stability is the key to sustainable economic development across the world for not only India but other nations as well. We in particular are guided by the political environment which develops a conducive framework for other environmental parameters to take shape. Policy formulation to implementation is highly dependent on the political framework present in our country. National level or International level policies gain momentum only through a proactive approach of the Government. We can see how infrastructure augmentation has taken place in the recent years electricity availability, road and rail networks, waterways, multi-modal transport system etc. which buoys the economic conditions. International connectivity and long lasting global relationships are an outcome of a strong foreign policy which comes as a result of political commitment. The impact is visible in the following manner: Better acceptability of Brand India worldwide More impetus on Exports rather than imports Digression towards modern renewable energy sources Start-ups as a formidable career choice amongst youths in India Better Job/entrepreneurial opportunities within the country More disposable income across families Increased consumption of products and services Better access to healthcare Cultural acceptability/Multi-culturalism Technological Integration in everyday work Enhanced Consumerism.