Tough reform decisions are best taken in times of grave crisis not when the going is good. Economic reform, at the best of times, is highly disruptive. It makes little political sense, in the real world, to throw away the benefits of a stable, growing economy, in the hope that the future would be brighter […]Read More BJP needs a consistent Economic Ideology
The first 100 days of the Modi 2.0 government have been marked by lows and highs. Sadly, the lows are longer lasting, while the highs are transient, even in the short term. The biggest low was the Budget for FY 2019-20 in July, which was presented, in the absence of the late Arun Jaitley, with […]Read More Modi 2.0 100 not out!
So, the laddoos will remain to be savoured in the spanking new BJP headquarters. But formal celebrations are delayed. The results cannot be announced till 5 vote-verified-paper-audit-trail (VVPAT) per assembly segment are matched with the vote count of the Electronic Voting Machines (EVM)– a concession the Supreme Court gave to the wailing opposition parties who […]Read More Modi 2.0 Benign Ambition
The exit polls would have us believe that the National Democratic Alliance (BJP plus allies) will win 65 per cent of Lok Sabha seats. Could this be a repeat of 2004, when the NDA was supposed to sail home but the heaps of ladoos at the BJP office had to be transferred to the Congress […]Read More NDAs winner’s curse
So hotly are the elections being contested that it is easy to forget the real life challenges awaiting the new government. Challenges come in three buckets — institutional; policy design and uncertainties from external and domestic shocks. Poor policy choices are easily reversed, institutional change happens slowly while shocks can neither be forecast nor fully […]Read More Bitter morning-after pill awaiting new government
A core staff of just around 400 persons borrowed from the Union government, leveraged temporarily with an additional five million staff from the Centre and state governments to manage polling for 900 million electors — more than 66 per cent of whom are expected to cast their vote this year — would be a recipe […]Read More Weak institutions undermine India’s Election Commission
A duality of capacity and intent casts a patina over elections in India. At one end, battery-powered, surround-sound “hologram discs” worn around a party worker’s neck shock and awe while belting out the BJP’s message in remote Himachal Pradesh. At the other end, the less well-endowed Aam Aadmi Party in metropolitan Delhi is falling back […]Read More Elections highlight the duality of Indian politics
BJP president Amit Shah is technically correct to say that Sadhvi Pragya Thakur, one of the accused in the September 2008 Malegaon (Maharashtra) bomb blast case, who is on bail, has a right, under our liberal electoral laws, to contest the elections. It hardly matters that she voluntarily claimed being part of the Hindutava forces […]Read More The Sadhvi as a symbol of New India
Manifestos don’t count for much if elections are won on the popularity of a single leader — Narendra Modi. Oddly, the Congress chose to follow a similar strategy last week, with Rahul Gandhi as its key protagonist, presenting a David versus Goliath choice. We are far from junking top down, paternalistic, big man rule. Regional […]Read More BJP’s Sankalp Patra – spans realism and fantasy
Most of the major political parties in India, other than the Communist parties, do not align their electoral rhetoric within a broad, directional, policy agenda. Why should they when the outcomes from ideological monogamy have been so very poor? The demise of ideology During the 2014 general election, the share of valid votes of both […]Read More Voters dilemma – should the heart rule or the head?