Contrary to what a recent article has claimed, the increase in FDI to India has, in fact, been in line with the historical trend and the previous UPA government is the one that deserves credit for decontrolling diesel prices.
If we assume no major changes in the state elections held in 2018 and 2019 (a strong but unavoidable assumption since we can’t predict the future), the NDA approaches a Rajya Sabha majority only in 2020.
Playing fast and loose with facts to a willing audience has not hurt either Narendra Modi or Amit Shah.
There is one inescapable problem: it’s hard, if not impossible, to judge a strategy that is designed to remain hidden.
The ‘Make In India’ campaign aims to make India a global manufacturing hub, but RBI data suggests that both FDI in manufacturing and the percentage of FDI flowing to manufacturing declined in 2015-16.
Narendra Modi seems to have developed a flair for presenting evolutionary policy steps built on his predecessors’ work as revolutionary and original contributions to national development.
As usual, there was a grain of truth along with the exaggeration and sleight-of-hand that we have come to expect from the prime minister.
Panagariya’s claims that the Modi government is responsible for an “infrastructure turnaround” are irrelevant, misleading or simply false.
What’s not clear is if there has in fact been a national upsurge in kidnappings or whether there are technical or procedural reasons that have raised the numbers.