Why is the Indian government 6 month bond yield so high?

https://www.investing.com/rates-bonds/india-6-month-bond-yield Does it mainly have to do with India being a developing country? I get that the bond yields are comparable to other developing countries. The way I understand it, yield rate is directly proportional to the confidence of the government paying back the bond capital. With the Indian government being so stable with BJP in majority in both houses (soon in the lower house) I'm kind of surprised that the short term bond yields haven't gone down at a much more rapid pace. I see a good investment opportunity and wanted to get the complete picture.

Am I missing something? Can someone explain why is the government paying high interest rates even for shorter periods?

Edit: I wanted to keep the explanation simpler. I get that Yield % is directly proportional to Inflation % and Investment Opportunity (Risk) %

I have made a huge assumption that I'm going to get the same yield in the future as well but, even with that this seems like a really good opportunity to miss out on.