indian PM Narendra Modi has clarified even in the Parliament of India, also he has said over and over to build new cities in india and transform india. He has done similar work in his home state of gujarat. I am sure he will keep his word there is no doubt about it. but only thing that I am worried is time;big question is WHEN ?. We are in start of the deflation that can last till 18-start/mid of 19. There is mild inflation starting 2015 till 2017. To overcome deflation all countries will go full throttle on Money printing presses sometime after next crash in 2018/19 - I think thats the time you will see LCY flying high - thats just my maths on timings...
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