Change or Continuity, It’s Horse-trading Season

In just a couple of months perhaps, the world’s largest democracy goes to the polls. The ruling party, BJP, is so confident of returning to power for a third successive term that it has even forecast the number of seats it will win. Prime minister Modi said during his speech in Parliament just a few… Continue reading Change or Continuity, It’s Horse-trading Season

Largesse Oblige Needed

Large giveaways, sops to please various constituencies, tax concessions to win the middle class, etc. Nothing surprising in the interim (read election) budget announced a few days ago in India. But when you consider that the ruling party alliance came to power with the largest majority in a long time and on the back of… Continue reading Largesse Oblige Needed