Richard Clarida's recent paper could be key for policymakers in deciding whether India should move to an 'inflation targeting policy regime', says Vivek Dehejia.
One of the many contrasts that Kumar versus Nilekani highlights is that of a traditional career politician as against a highly successful professional entering politics for the first time. Rupa Subramanya reports
The truth is not that Chandrababu Naidu's centre-right policies led to his defeat but rather almost the reverse: his defeat, and for that matter that of the NDA at the Centre, was widely -- but falsely -- interpreted as a rejection of their economic policies, rather than put down to bad luck and conventional anti-incumbency., say Vivek Dehejia and Rupa Subramanya.
'When all the facts are known, if they ever are, it will likely turn out that both Ms Khobragade and Ms Richard might have been at fault and so too might both governments be faulted, the US for a needlessly aggressive approach in the first place and India for its ham-handed response in the early stages of the affair,' says Rupa Subramanya.
This could be a major drag, not just on the empowerment of women but on the India growth story as well.
For good or ill, the veneer of a cult of personality that is now encrusted on Narendra Modi, and which animates his supporters, can no longer meaningfully be separated from the ideology that he espouses or the accomplishments that he touts, says Vivek Dehejia.
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