Reversing India’s Darkening Outlook – Part 3

On the political side, the Fronts are multiplying. Sensing weakness in both the Congress and the BJP, the regional parties are trying their hand at talking about various alternative formations for the next elections. One of them, the Samajwadi Party, has already sounded the bugle for mid-term elections. It almost seems like 1995-6 all over … Continue reading Reversing India’s Darkening Outlook – Part 3

Reversing India’s Darkening Outlook – Part 2

The Economist, in its latest issue, featured India’s fading optimism on its cover. It wrote: This dispiriting scene is in turn mainly caused by two political problems. The gradual fragmenting of voters’ allegiances has made India’s parliamentary arithmetic excruciatingly tight. The Congress party, which has ruled the country since 2004, depends on fickle and populist … Continue reading Reversing India’s Darkening Outlook – Part 2

Reversing India’s Darkening Outlook – Part 1

The misplaced optimism that India would pursue a path of economic growth, good governance and development after the 2009 elections has evaporated. It is now clear that we are not just heading in the opposite direction, but doing so rapidly. Politics is, once again, hurting India’s economic and aspirational future. Just in the past couple … Continue reading Reversing India’s Darkening Outlook – Part 1