The price of fiscal exuberance

Politics is heating up. Elections in Bihar loom in November with Assam, Kerala, Tamil Nadu* and West Bengal tightly packed together in May next year, just after the FY 2021-22 budget. Bihar remains rural at heart. Luckily for the BJP, agriculture is the bright star in the Indian economy with expected growth of 3%. Doesn’t […]

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Changing India

India is changing – fast and on the run. Consider first, the distance Modi’s BJP has traveled from being a pro-business, pro-markets, pro small government, quasi “liberal” party in 2014 to becoming indistinguishable from the left in terms of its devotion to “welfarism” and large government. Nobel Laureate Abhijit Banerjee said as much recently in […]

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Pranab da mimics Atal ji

  The brouhaha over Mr Pranab Mukherjee’s visit to Nagpur, as the chief guest at a valedictory function of the Rashtriya Swayamsevak Sangh (RSS), foregrounds the stunted nature of politics in India. Politics is about reaching out First, consider the absurdity of the prevailing schoolboy notion of “team” spirit extending to a ban on supping […]

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Getting nationalism right

If the term nationalism and the sight of the national flag generates a warm, comforting feeling in your heart, your government is doing a great job. If, however, this term and the flag, leaves you cold, clammy and resentful, there is something the government is not doing right. Nationalism – an abstract construct – acquires […]

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