Business Today

Spring in the Air

Business confidence jumps for the second consecutive quarter despite business leaders' scepticism about future economic reforms, finds the latest Business Today C fore Business Confidence Survey.

The second term of the United Progressive Alliance (UPA) government was widely perceived to have been marred by corruption and policy paralysis. The Narendra Modi led National Democratic Alliance (NDA) government came into power promising sweeping changes in social and economic structures of the country.

For the first four years, the government went into an overdrive and launched over 110 schemes and initiatives, including repackaging some of the old schemes of the UPA government. With general elections nearing, there's a belief that the government might slow down on its reforms agenda. Given that development and good governance were the focal points of the

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