The new government has to make conscious efforts to rebuild social equality and bring the people together.
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Privatising public sector companies would have encountered significant opposition from their managers as well as from strong unions.
'Just how strong were the ties between the world's largest and oldest democracies that an incident involving a diplomat and a maid led to anger threatening the relationship itself? Or had the relationship been weakening in the past few years, masked by the empty symbolism of State dinners, asks Devesh Kapur.
The race for VIP perks has pernicious consequences and is undermining the elite's authority
Tripura's popular chief minister shows up the failures of the elitist central leadership of India's Left, says Devesh Kapur
One may fault this government for incompetence, corruption, and delayed action but it cannot be faulted for lacking a vision.
The drug Glivec was a genuinely new and important discovery deserving of patent protection.
The Budget is disappointing because it refuses to fundamentally repudiate fiscal populism.
Very high tax rates can make states turn from extractive to rapacious, and in the process killing the goose that lays the golden egg.
The government is internationalising Indian higher education in quite the wrong way, says Devesh Kapur
The country's growth cannot be sustained without a revitalised state that performs more limited functions, but performs them well.
India is less violent, privately and publicly, than ever before, says Devesh Kapur
India is more vulnerable than it appears. Most of what RBI calls remittances could be disguised capital flows.
Active participation in multilateral co-operation can be India's response to China's growing economic presence.
The grouping has influenced China, but Germany will be more difficult.
Greece was an opportunity for the IMF to set a precedent for an orderly debt resolution programme.
The dispersion of global economic power augurs well for the role of ideas in policy-making.
There is a need for coordination among emerging economies on managing capital flows and exchange rates, and China's exchange rate policy can help. That it is ready to be more flexible is welcome
He should not publicly press India to open its financial sector.
Indirect tax reforms may help strengthen the Indian state and hence long-run growth.
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