"Modi has achieved the largest consolidation of power in India since Indira Gandhi in the '70s and '80s, and he wants to unleash the Indian economy to regain the mojo of the last decade," said Rice University economist Russell Green.
"But despite glitz and fanfare, he has not executed his power forcefully," said Green, who served as US Treasury Department's first financial attache to India from 2008-2011.
The Baker Institute's Will Clayton Fellow in International Economics says, “by next year we can point to substantial measures to liberalize the Indian economy and improve government performance."
"We will see if industrial activity picks up or if the Clean India initiative makes a difference. But until then, the jury is out," he said.

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