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8 August 2014,

Working the budget: Before India goes business as unusual, fix patchwork policies

Rajrishi Singhal, Senior Geoeconomics Fellow, Gateway House in an article for Economic Times, examines the new Budget and how it is not easy to extirpate the old ways of doing business

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One of the promises made by the BJP in its election campaign was to change the mode of governance. This pledge found resonance with voters because the dominant mode of governance and service delivery was felt to have been appropriated by the privileged, which included the politician-bureaucrat-businessman nexus. Narendra Modi’s rhetoric of “minimum government, maximum governance” promised to upend the superstructure. This meant giving the short shrift to business as usual.

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