Or consider economic stability, which depends on the management of the economy by internationally credible technocrats, not bjp ideologues. You can overdo how much store companies put by the rule of law—they invested in China for decades. But if decision-making becomes authoritarian and erratic as Mr Modi grows old and isolated, and if institutions are weakened, firms will grow warier of deploying huge sums of capital.
As he stands at the ceremony at Ayodhya before admirers and acolytes—the leaders of India’s new, brash, nationalistic elite—does Mr Modi see this danger?
If Mr Modi fails, the hopes of 1.4bn people and the prospects for the brightest spot in the world economy will be dashed.