Surjit S. Bhalla A Senior India Analyst for the Observatory Group, a New York based macroeconomic policy advisory firm and Chairman of Oxus Research & Investments. Surjit has taught at the Delhi School of Economics and served as executive director...
This election was the first since slow economic growth was apparent and in the data. A slow economy, however, was not the only factor — after all, in Himachal Pradesh, the BJP won by a large margin.
For whom will the Gujarat election toll – a confident BJP or a reviving Congress? The opinion polls suggest that Gujarat may not be a Rahul Gandhi moment.
It was about both politics and economics. It is an acknowledged political success and early ‘returns’ indicate an economic success story as well.
The old elite won’t give up their privileges easily. They will try to derail the structural transformation happening in India and object at every turn.
It is politics that best explains the phenomena of farmer riots amidst growing prosperity.
Narendra Modi’s tenure thus far has brought about significant structural change in the economy. But the nation needs to be careful about false morality and cow vigilantism
PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.
Many expect the Uttar Pradesh election to go the Bihar way — a big loss for BJP. However, the same math suggests the BJP is likely to win a comfortable majority in the state