Not reform vs populism

It is tempting to characterise the current impasse in Indian politics as a clash between reformers and populists. On this view, the government has, belatedly, woken up to reform and is now being obstructed by a motley crew of opportunists and populists. It would be terrific if the spectrum of Indian politics could be defined in these terms; at least, it will bring the focus back to economics. Many of the government’s decisions are welcome; a signal of intent was long overdue. Our economic situation is dire.

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