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Reading the Budget entrails

This year I happened to be in New Delhi the day the Union Budget was presented in Parliament. I was at the India Habitat Centre for an academic conference, but much of that complex was turned into a media circus, with TV stations offering live coverage and instantaneous commentary from pundits scurrying from room to room. The next day’s newspapers overflowed with examinations of the still warm body of the Budget speech and its accoutrements. By now, anything I say will seem like reading the entrails. The hot news moment has passed.

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