Try as they might to hide it, Finance Minister Arun Jaitley’s first Modi-BJP budget is a disappointment for local businesses panting for privatisation, and global neo-liberal think-tanks salivating for "reform", "restructuring" and rebirth of the Washington Consensus buried a decade ago by a global populist backlash. However, the budget comes as no surprise to this correspondent who foresaw this Modi-BJP economic policy turn in the Sunday Island of 7 June 2014; "How much can Modi change policy?" This is what I said and the budget has borne it out.
Kumar David-July 19, 2014, 4:32 pm
Try as they might to hide it, Finance Minister Arun Jaitley’s first Modi-BJP budget is a disappointment for local businesses panting for privatisation, and global neo-liberal think-tanks salivating for "reform", "restructuring" and rebirth of the Washington Consensus buried a decade ago by a global populist backlash. However, the budget comes as no surprise to this correspondent who foresaw this Modi-BJP economic policy turn in the Sunday Island of 7 June 2014; "How much can Modi change policy?" This is what I said and the budget has borne it out.