Can Modi balance populism and prudence as external risks mount? India’s Prime Minister Narendra Modi likes taking big steps and does not shy away from wagering his political capital. But he squandered quite a bit of it with his November demonetization measures, which banned 500- and 1,000-rupee bank notes. Modi was widely expected to unveil…
Modi has been handed a blank cheque. He must ensure it doesn’t bounce Narendra Modi’s pulverising victory has wiped out every semblance of opposition in Parliament’s lower house. The Congress’ humiliation is so total that it will fail to be recognised as the main Opposition party in the Lok Sabha for the second time in…
In his book ‘How the BJP Wins’, Prashant Jha describes how Narendra Modi has led the Bharatiya Janata Party to near-invincibility by transmogrifying himself again and again over the past decade and a half. “If he was a Hindu Hriday Samrat (Emperor of Hindu Hearts) from 2002, Modi carefully transitioned into a vikas purush, the…
Right now, Prime Minister Narendra Modi has the option to strengthen governance, really start to fix the country’s major economic problems, and reinforce our institutions The more you study India’s history the more you have to marvel at our infinite capacity to fight among ourselves. Ashoka, the last of the great Mauryan emperors, fought the…
How many different kinds of evidence do we need to convince ourselves that the economy is slowing dramatically? Consumer price index (CPI) inflation fell to 2.2% in May, but that was put down by facile analysis to plunging food prices and a good monsoon. The Index of Industrial Production (IIP) base year has been moved…
In the preface to his 1995 book ‘How Good People Make Tough Choices’, ethicist Rushworth M. Kidder wrote that when he interviewed twenty-two leading thinkers around the world about the challenges, they saw looming in the 21st century, six themes stood out. Five of them were not surprising: the nuclear threat, environmental degradation, the North-South…
As usual, after a major terrorist attack, we have had a few days of jingoism. One journalist tweeted that “this India’ has moved on from strategic restraint. Television anchors burst a few blood vessels, urging retaliatory attacks after Uri ”and’ surgical strikes’ across the Line of Control. A senior Bharatiya Janata Party (BJP) functionary recasts…
I woke up before dawn today to an email from Prime Minister Narendra Modi’s office. It listed his major activities over the previous week. He had been typically busy: just before he left for Hangzhou, where he chaired a special BRICS meeting on the sidelines of the G20 summit, Modi granted a soft-focus television interview…
And time yet for a hundred indecisions. And for a hundred visions and revisions—TS Eliot And time yet to revel in a plentiful monsoon, never mind that food prices continue to rise, and tomatoes now cost more than Rs 100 a kilo. There have been several good government decisions in the past few weeks. Reforms…
A senior official who is a member of the inner Gandhi circle told me Modi’s chaiwalla origin appeals to Americans, who love nothing better than a Horatio Alger-ish story of a rise from humble origins, through hard work and determination, to a lofty height Around the time Prime Minister Narendra Modi was delivering one of…
While we listlessly wait in century-high temperatures for the slightly delayed monsoon, listening to Minister X or Bureaucrat Y talking up the numbers, the question again is: Who are you trying to impress? Life’s but a walking shadow,a poor playerThat struts and frets his hour upon the stageAnd then is heard no more: it is…
It says something for the Congress that Sonia Gandhi has been its president for nearly 18 years, a longer, unbroken stretch than anybody in the family she married into. Night after night on our TV screens, the usual suspects, aging Congress leaders, pick apart the chicken entrails of this middleman’s diary entry or that arms…
Five years ago the Centennial Group and the Asian Development Bank issued an interesting report titled “India 2039: An Affluent Society”. There is a lot to read there; the Congress party had just been re-elected, and it seemed to have been handed a decisive second chance that would enable it to get out of the…
“The agenda focused on measures to correct the current account deficit, counter rupee depreciation and its impact on trade and industry, improve skill development and focus on developing industrial corridors,” one newspaper said about the prime minister’s brainstorming meeting. “The overall sentiment was to convert decisions to action and take back the country to a…
When he won power 13 months ago, Narendra Modi promised he would reel out a governance thriller that was high on quality, aesthetics, story line, dialogues and soothing background music. He would give his jaded audience something to applaud for its sheer integrity, performance and lasting impact. Sadly, over the past ten days the government…
Somewhere, through the unbearable din of television and anti-social media this week, I saw one tweet that plaintively asked why we were hearing so much from everybody but not enough from Narendra Modi at the BRICS summit in Brazil. Our prime minister met the leaders of China, Russia, Brazil and South Africa, but coverage back…
One year ago, as voting got underway in our national elections, I titled my first column in this newspaper A Witch’s Brew’. That referred to the choices India’s voters had. Now we know that Prime Minister Narendra Modi has had to quaff quite a potent concoction since he rode to power. In equal parts, he…
The Narendra Modi government has been taking a few hard knocks. It learned that sweet talk in Maharashtra’s sugar belt, or at a gaudy wedding celebration in a dusty town in the Uttar Pradesh bad lands, is just that: in politics, your friends always have one eye cocked at a higher seat of power. Your…
Modi went part-way towards BJP’s muscular defence strategy with the appointment of former Intelligence Bureau chief Ajit Doval as his National Security Advisor The Rajyabhishek in the magnificent Rashtrapati Bhavan forecourt was a sight for sore eyes, and understandably some of us went ape even if we were not among the 4,000 people attending Narendra…
One word summed up the five-week election: certitude. From the very beginning most of us were certain that the National Democratic Alliance would win power. It is fairly certain that the Congress party will suffer its worst defeat in 16 general elections. Over 300,000 kilometres, 440 rallies, 1,350 holograms, 4,000 chai pe charchas, and a…
This column will be published exactly ten months after Narendra Modi took office in the South Block. It is as good a time as any to think of Lee Kuan Yew, whose funeral Modi will attend next Sunday, and of Singapore and India and their fates and futures. Lee was a strongman in every sense…
They say the best way to persuade somebody is to plant an idea in their head and get them to start speaking about it as if it were their idea. Prime Minister Narendra Modi has shown he is a great persuader. Persuasion is one thing: what about implementation? Over the past four years, the Bharatiya Janata…
Earlier this month the United Nations issued its first set of ‘diya’ postage stamps to mark Diwali and the triumph of good over evil. It was a nice gesture (and I possess a sheet of the stamps) but a reminder of the continuing conundrum of why India punches far below its weight in the world’s…
Greta Thunberg’s emotional speech at the UN Climate Action Summit on Sept 23 was followed by Donald Trump’s mocking tweet: “She seems like a very happy young girl looking forward to a bright and wonderful future.” But we all know that the 16-year-old Swedish schoolgirl-activist is right. The warnings are crowding in, fast and ominous.…
In 2018, India’s per-capita gross domestic product (GDP) was $2015.60, according to the World Bank. This makes sense– our economy is currently sized at $2.7 trillion, and our population is around 1.35 billion. This is considerably behind the United States ($62,641) and not even a fourth of China’s $9,770.80. The Bank’s data show that India’s…
It says a lot about Narendra Modi’s absence of apprehension over Friday’s no-confidence motion in the Lok Sabha that the same day the foreign ministry announced his visit to Rwanda, Uganda and South Africa. He will be away during the first full week of the monsoon session, which could be the last of the 16th…
For prime minister Narendra Modi, 2015 has been an annus horribilis, bracketed by the Bhartiya Janata Party’s (BJP’s) waiting loss in the Delhi elections in February, and now the even more humiliating and momentous loss in Bihar. Bihar has been bruited about, mainly by the BJP, as a referendum on Modi’s popularity. Modi heavily invested…
Indians have been hiding money from their rulers for centuries. The best way to secrete your wealth away was to turn it into gold, and either wear it or bury it. Little wonder that India was the world’s biggest gold buyer last year. It consumed 842.7 tonnes. Despite the Indian economy not doing too well…
By Wednesday elections had been held for 438 seats, or four-fifths of the 16th Lok Sabha, and it seemed like a good point to draw breath and take stock of the men and women who will wield power over us for the next five years. Many of us believe that these elections will be decided…
If you believe in signs and omens, all the days and dates this year coincide with 1947, our year of independence (I have Amitabh Bachchan to thank for this nugget). The movie “Great Expectations” was also launched in 1947. That fits in with the sentiment nationwide. The expectations are scary because we have dug ourselves…
It seemed like the rhyming slogans, the election jingles, and the grandiloquence of the Bharatiya Janata Party’s manifesto were all that we needed to shake us out of our psychic numbing during the past few years. Alliteration hit you everywhere you turned. Narendra Modi told a small audience last Sunday that we needed to ramp…
One of my prized possessions is a fossilised limpet, a kind of sea snail that attaches itself very, very tightly to rocks. The fossil must be hundreds of thousands of years old. It must have been prised off a rock with some force, the kind that is trying to get many of our privileged leaders…
Our members of Parliament sowed the wind in the 15th Lok Sabha and are reaping the whirlwind in the 16th Lok Sabha. The last Lok Sabha worked only for 61 per cent of its scheduled time, the worst in the past half-century. The Bharatiya Janata Party was in very aggressive opposition to the United Progressive…
Change comes stealing in on padded feet in the Narendra Modi government, and change is starting to happen in the offices of his ministers. One of them told me that when he took office, at least eight officials had to sign off on any file that came to him for approval; he has cut that…
This weekend, Prime Minister Narendra Modi will travel to Nepal on his third foreign trip in ten weeks. By the end of September, he will also have visited Japan and the United States. Looming large on his itinerary will be China, which he visited four times as Gujarat’s chief minister in his quest for investments.…
We are hopefully in the last of this summer’s dog days, and Sirius (or Svana as it is known in Hindu astrology) will glow a little less brilliantly in the hot night sky. Dog days are said to induce all sorts of mental upheaval, agitation, and unpleasantness. Perhaps that is why much of Europe wisely…
Somewhere, through the unbearable din of television and anti-social media this week, I saw one tweet that plaintively asked why we were hearing so much from everybody but not enough from Narendra Modi at the BRICS summit in Brazil. Our prime minister met the leaders of China, Russia, Brazil and South Africa, but coverage back…
The guns are yet to fall silent in the North-east but in places where development has made an inroad, peace has prevailed. Only by bringing all stakeholders on board can the government hope to end the region’s alienation. “… we have no social affinities with the Hindus or Mussalmans. We are looked down upon by…
On September 25, the day Prime Minister Narendra Modi received the Gates Foundation’s Global Goalkeepers Award in New York for his leadership of the Swachh Bharat Mission (SBM), two Dalit children, Avinash and Roshni, were beaten to death in a Madhya Pradesh village for defecating in the open. Two days later the Jal Shakti ministry’s…
Let’s quit beating the bushes and chase the real quarry The government is striving mightily, but the needle is moving inexorably lower on the jobs meter. The Centre for Monitoring Indian Economy (CMIE) and the Bombay Stock Exchange (BSE) jointly produce a weekly unemployment rate based on a sample of about 12,000 adults in the…
I believe the government is counting too much on the RBI to wield the magic wand India’s economy is lurching like a car with two flat rear tyres. The monsoon has been better than expected: a bumper kharif crop is expected, and CRISIL says tractor sales could hit a record 650,000 in 2017-18. Consumer price…
What lies ahead? A messy GST rollout could be one shock too many after demonetisation… Finance Ministers take on a certain air when they think things are going swimmingly and nothing can rock the economy when it is cruising along. Even if all the lookouts are calling out to them to mind the shoals, they…
Modi has promised to double farmers’ incomes by 2022, but angry farmers have lost faith Two-thirds of Indians depend on agriculture for their livelihoods. As our farm crisis deepens, the government is tinkering around the edges by pushing irrigation, rural roads, and village electrification, distributing soil health cards, and offering crop insurance. It has done…
We need our institutions as much as we need our democracy Narendra Modi’s first term in office will be bracketed by malodorous stand-offs with two governors of the Reserve Bank of India. The bad blood between the central bank and the finance ministry is just one of the stains blotting the government’s copy-book as it…
Our government owns one of the world’s biggest databases. What does it mean? Annadata means “Bestower of food” – a synonym for god. In some Indian languages, Anna means older brother, so you can also take my headline as ‘Big Brother Data’. Not long ago there was spirited debate on whether or not’ data is…
Palliatives, pain-killers or band-aids: take your pick We are so frozen in the headlights of the onrushing slowdown that even a flicker leads us to believe that we have seen friendly djinns in the darkness. It is clear that Narendra Modi’s sixth year in power will be his worst in economic terms. The GDP is…