governance, political economy, institutional development and economic regulation
India is a hyper-cauldron of politics and political parties. There are seven national parties, 24 regional parties and over 2,000 registered parties. Hypothesis One – Footloose voters turn to regional parties Churn is the new mantra. Voters are moving away from the national parties to regional parties even for the Lok Sabha elections. The vote […]
Read More Holi special: 2019 elections voternamaFormer Prime Minister Manmohan Singh, recently released a book titled India Transformed — 25 years of Economic Reform, edited by Rakesh Mohan, at the appropriately historic Nehru Memorial Library. After the obligatory photo-op, Dr Singh turned to finance minister Arun Jaitley and with a beatific smile, handed the book over to him, as if, symbolically, […]
Read More FM Jaitley, aim for the sweet spotScaling up is the name of the game in politics and in business. The BJP secured enviable gains in the early 2017 municipal elections in Maharashtra and Odisha. A win in the Goa state election is likely. A possible, albeit messy, near-win in Uttar Pradesh and potential inroads into Karnataka, Tamil Nadu and West Bengal portend […]
Read More Bulk up to beat the competitionHaryana’s folk dances are vigorous and fiesty like its people. Photo credit:alchetron.com Haryana wears its heart and mind on its sleeve. There is a lot of brawn and bravado but little guile here. Last week, the Haryana Assembly listened in rapt attention to a pravachan (teachings of a holy person) by a Jain monk. Alarm […]
Read More The Monk and Haryana’s AssemblyPopulism, buttressed by dodgy economics, has become the fashion statement in politics. Last year, the Union government approved handsome “real” increases in government salary. There was little justification for doing so since the government salaries were already fully indexed to inflation and the largesse couldn’t have been justified as a reward for higher productivity. The […]
Read More A new “living wage” f0r DelhiGraphic credit: chloesimonevaldary.com Yasmina Reza’s God of Carnage — playing in Mumbai and Delhi — makes us laugh at ourselves by stripping bare the self-serving hypocrisy underlying socially acceptable roles. Bleeding-heart Indian social liberals would do well to see themselves in the mirror via this play. Admittedly, we humans must get beyond our basically brutish nature. […]
Read More Bleeding heart liberals are social hypocrites