Do you have a clue who runs India?
As their political masters wrestle with uniquely political verbs such as 'roll back' and 'hold back' to secure a dignified retreat from the crisis triggered by last week's retail FDI decision, bureaucrats are finding comfort in 'sit back', a state of being they have long been accused of. With little or no clarity on how the latest crisis will be resolved, bureaucrats in key economic ministries are watching from the sidelines, unsure of what to do now as their repeated attempts at kick-starting reforms run into a welter of political problems, which ministers are struggling to handle.
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