Even if the same party returns to power, what is important to debate is that having introduced an entitlement, how challenging it is to reverse such decisions, says Mukesh Butani.

The Narendra Modi government's alacrity in promoting ease of tax administration, a critical component in the ease of doing business index, has set in motion several incremental policy and administrative reforms, says Mukesh Butani.

Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.

Finance minister tries to put house in order before reforms are unveiled in February.