A time for renewal

Given how so many reforms like the pension bill, the land acquisition bill, hiking of FDI limits in the insurance sector and allowing foreign airlines to buy into Indian airlines were all put off due to opposition from Mamata Banerjee—she even got the Prime Minister to sack her party’s railway minister for daring to hike rail fare by a mere 10%—it’s safe to expect a fresh burst of reforms now that the mercurial Mamata, having overplayed her hand once too often, has been effectively neutralised in the UPA. At least for now.

Read Full Story>>