“The decisive view is that most people do not like the idea of a Third or Fourth Front and associate them with unstable governments,” the Director General of the Commonwealth Development Council (CDC), Mohan Kaul said on Saturday.
“Manmohan Singh can now get back to his original agenda of reform. India has a great future, and I hope this government will take advantage of its mandate and take the lead on international trade talks,” he said. “With the Congress back in power, we can finally have a deal on the Doha Development Round of global trade talks. Certainly the US and UK feel that way,” Kaul told IANS.
Kaul, whose organisation promotes business relations among the Commonwealth countries, said India also had a major role to play in the current financial crisis. “India has been the biggest gainer in terms of the percentage increase of voting rights in the IMF. British business is looking to India as a partner and there is a genuine expectation here of success on all fronts,” Kaul said.
The view was backed by Vikas Pota, Managing Director of Saffron Chase, a leading communications consultancy firm that advises British companies investing in India.