RESEARCH

Prime Minister Narendra Modi is pro-market, but he wouldn't rush liberalisation without calculating the political implications of every capitalist measure proposed by economists. F ar better than the Congress, much less than liberal economics, but an urge to push it within the confines of political realism — that is how the Modi government’s performance can be summarised. Liberals who supported the Bharatiya janata Party’s campaign in the hope of a revival of the national economy, but who are not in touch with functionaries of the government, have had occasions of despair. Why so many foreign trips? Why has one minister been entrusted with two of the most important portfolios, both of which demand full-time involvement? Why no thrust on Hindutva ? These are some of the FAQs the government must live with. After meeting some economists the prime minister trusts, I sought to allay concerns of the Right-of-Centre supporters of the party on Facebook. In the group ...

F ar better than the Congress, much less than liberal economics, but an urge to push it within the confines of political realism — that is how the Modi government’s performance can be summarised. Liberals who supported the Bharatiya janata Party’s campaign in the hope of a revival of the national economy, but who are not in touch with functionaries of the government, have had occasions of despair. Why so many foreign trips? Why has one minister been entrusted with two of the most important portfolios, both of which demand full-time involvement? Why no thrust on Hindutva? These are some of the FAQs the government must live with. After meeting some economists the prime minister trusts, I sought to allay concerns of the Right-of-Centre supporters of the party on Facebook. In the group Youth for democracy, I wrote, “… the new dispensation is severely short of intellectuals, one of whom can replace him (Arun Jaitley) in the Finance Ministry. It is not politically feasible to bring som...