India's Short-term Political Risk Index score stands at 77.7, reflecting improvements in policy-making achieved by the Bharatiya Janata Party (BJP)-led coalition, despite its lack of majority in the Upper House. However, “big bang reforms”, such as the nation-wide Goods & Services Tax (GST) system, are likely to face delays in 2017, as the Government’s move in November 2016 to demonetise high-denomination currency notes will likely dent its popular support and create greater unity in the opposition. At the same time, tensions with Pakistan are rising over Kashmir. India's Long-term Political Risk Index score of 73.1 remains weighed down by a poor “characteristics of society” score, which reflects the country's high level of poverty and an ethnically, linguistically, and religiously diverse population. Its strong democratic fundamentals, however, boost its “characteristics of polity score”.