Top five economic challenges the next government must tackle after May 23

A set of deep-rooted economic challenges awaits India's new government after election results are announced May 23.

Arresting an economic slowdown and nursing the nation’s financial sector back to health will be the immediate priorities for the next administration if Prime Minister Narendra Modi’s coalition wins a second term -- as exit polls suggest -- or his political opponents wrest power from him. A slowing global economy and a protracted trade war between the U.S. and China add to the urgency to fix things at home.

With 7% expansion in the year through March, India has held the crown as