Prime Minister Narendra Modi gave a wide-ranging interview to the Wall Street Journal to mark the second anniversary of his government. Modi argued that he had restored confidence to India and put an end to the "sense of policy paralysis, bad economic conditions and corruption" of 2012 and 2013. As usual, there was a grain of truth, and also the exaggeration …
Month: May 2016
No end of the road for the Congress
Here's a look at the Congress Party's national prospects, first published as an oped in the Hindustan Times: https://twitter.com/htTweets/status/736021072424886273 After a merciless series of election defeats since 2014, it’s tempting to write off the Congress as a leading national force. With few visible signs of a Congress revival, some argue that India’s regional parties are now the …
Arvind Panagariya spins an infrastructure tale
There's something about serving in the Modi government that converts seemingly sensible people into inept spinmeisters. Consider the respected Columbia University economist and NITI Aayog Vice Chairman Arvind Panagariya. In an 8 May 2016 Business Standard op-ed titled The turnaround in infrastructure, he reeled off the Modi government's many accomplishments in this arena. Following which he warned …
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