Modi’s Honeymoon Almost Complete?

We have completed the first anniversary of Demonetization, Even though the exercise is taxing for the common public, Modi still enjoys their support. Demonetization and GST have posed severe problems for the economy.

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But then, Modi got the necessary cushion due to low prices of Crude oil. Even though the international prices are at all-time low, Modi government-minted money by increasing Excise Duties. But then, Crude oil rates are increasing rapidly.

As the prices increase, it will take a significant toll on the economy. With elections less than two years away, Modi government does not want that to happen. But international prices are not in our hands and so, we can conclude Modi’s Honeymoon is almost complete.