Let’s get the facts straight on FDI and the BJP

Surjit Bhalla’s writings on economic affairs are widely read and his understanding is most often based on his analytical skills. I read him each time he writes and I mentioned this to him the one time I met him, briefly, by chance. I respect his scholarship and my intention is not to question him. But since he has written so very decisively and conclusively about the BJP(‘The party of no principle’, IE, December 3), a rejoinder may be in order to put the record straight. Bhalla did not have to strain a thousand words to declare his “support for the flawed king.” But when he cites his poor understanding of the BJP, there is a need to intervene. He describes the BJP as: “a nationalist, religion-based, opportunistic, economic policy party.” Except for “nationalist”, Bhalla seems to have got everything wrong.

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