For Hindus, the cast system still plays an integral role in society, although upward social and economic mobility for lower castes is more prevalent now than in the past. At least two dozen languages are spoken each by a million of more persons. The Politics and Economy of India Following its victory in the 1996 national elections, the United Front coalition, which comprises 13 regional parties, now rules India. In late April 1997, I.K. Gujral replaced H.D. Deve Gowda as Prime Minister of India. Continued economic growth, fiscal deficit reduction, agricultural and financial sector reform, and boosted foreign direct investment are the government's top economic priorities.
Agriculture accounts for roughly a quarter of national output.
Southern, coastal areas are generally poorer and rely more on subsistence agriculture. While India has boosted its international trade in 1990s, its trade still remains relatively small when compared to the country's size. India continues to retain sizable tariffs on imported consumer goods and other items, although most volume restrictions on machinery and industrial equipment have been lifted. India's import tariff policy has received criticism from the International Monetary Fund and the World Trade Organization. The United States is India's largest trade and investment partner.