BJP's victory rekindles hope for structural reforms: Goldman

The new government's reforms agenda includes removing supply-side bottlenecks to growth, reducing the fiscal deficit, incentivising infrastructure investment, focusing on labour incentive manufacturing and improving governance, the report said.
 
Inflation is likely to remain “elevated” in the current financial year as the monsoon is predicted to be below normal. Goldman's forecast for CPI is 8 % for FY15.