That's why he is now finally focusing on the two things that alone can help: Fiscal expansion -- from December onwards -- and supply management via amended laws and rules that affect business, notes T C A Srinivasa-Raghavan

Contempt should be restricted to the disobedience of orders and rulings. Any failure to obey the court in a dispute that doesn't involve it should alone invite contempt proceedings, observes T C A Srinivasa-Raghavan.

'The most important thing to do is to stop taxing citizens so brutally,' recommends T C A Srinivasa-Raghavan.

India has no option but to shut China out, notes T C A Srinivasa-Raghavan.

'The next general election is four years away. That's enough time to recover -- provided the government stops spending and taxing so much,' says T C A Srinivasa-Raghavan.

'I am sure Dr Patra will get the fullest cooperation from the finance minister who needs workhorses, not prima donnas constantly looking to improve their CVs,' says T C A Srinivasa-Raghavan.

'The majoritarian solution is what the BJP always prefers.' 'But this solution suffers from a major weakness: It ignores subjective preferences which can be important and non-negotiable,' points out T C A Srinivasa-Raghavan.

'The Modi government, like the Singh one, has run into what is called a perfect storm, where everything that can go wrong does so at the same time,' points out T C A Srinivasa-Raghavan.

'You can't consume clean air if you won't pay for it just because it's a 30-day problem,' says T C A Srinivasa-Raghavan.

Good intentions are best left to political parties, governments and religious establishments, suggests T C A Srinivasa-Raghavan.

'The 2019 election could well become a referendum on Narendra Damodardas Modi, in which case the BJP could prove all its critics wrong,' notes T C A Srinivasa-Raghavan.

Elections are about exploiting emotions and not things like roti, kapda and makan, a very senior BJP politician tells T C A Srinivasa-Raghavan.

T C A Srinivasa-Raghavan recalls a tussle between the government and RBI when Rajiv Gandhi was prime minister and how it was resolved.

'The CBI must become a creature of the Constitution,' argues T C A Srinivasa-Raghavan.

Even Subramanian Swamy, who says he is an ardent supporter of the prime minister, has been taking proxy pot shots at him.' 'At the ground level too, there is resentment from workers and local leaders who have perhaps not got whatever they may have wanted,' notes T C A Srinivasa-Raghavan.

'When you ask one of the established industrialists to execute a large project it is exactly the same as your not asking your neighbourhood dhaba-owner to cater at your daughter's wedding dinner which will be attended by a thousand guests,' notes T C A Srinivasa-Raghavan.

'It is entirely possible that Sonia Gandhi wants her son to be prime minister.' 'If so, it is game, set and match to the BJP,' says T C A Srinivasa-Raghavan.

'Vajpayee would not have approved either of the way the BJP now functions or of the thoughts that it entertains in its mind,' says T C A Srinivasa-Raghavan.

'The Constitution must reflect the reality of mature states because otherwise it is the Centre that will become irrelevant,' says T C A Srinivasa-Raghavan.

'The BJP and Congress are like those Bollywood lovers who are kept apart by their families where it is a generational problem of different values: The older ones think differently from the younger ones,' argues T C A Srinivasa-Raghavan.

'His record will be clouded by the same negative factors as of Rajiv Gandhi and Narasimha Rao, namely, their politics and therefore social policies,' says T C A Srinivasa-Raghavan.

Many important RSS people believe the 2014 result was the consequence of Hindutva and not just Modi's outstanding oratory, says T C A Srinivasa-Raghavan.

'A gig economy is more suited for superior economic outcomes.' 'You try to create an environment where people can earn more.' 'This is what should happen in India. Indeed it is already happening,' says T C A Srinivasa-Raghavan.

'If on the back of the resentment against the Modi government, on the very outside chance that the Congress emerges as the single largest party in May 2019, will Rahul Gandhi become prime minister?' 'Or will he do a Sonia and appoint someone else?' asks T C A Srinivasa-Raghavan.

As cricketing ability goes, there is no comparison between Sanjay Manjrekar and Sachin Tendulkar. But while the former has produced a wonderful autobiography, the latter's book is deadly dull. In batting, they were the exact opposite: Manjrekar was a bore and Sachin an absolute marvel, says T C A Srinivasa-Raghavan.

'It will take the Opposition by surprise and catch it in total disarray.' 'By waiting for a year Mr Modi will only give it time to unite,' says T C A Srinivasa-Raghavan.

'Mr Modi, unless he changes his approach, may further legitimise the idea that it is perfectly all right for Hindus to dictate terms to the minorities.' 'Indira Gandhi's political expediency did permanent economic damage. Mr Modi's may end up causing permanent social damage,' says T C A Srinivasa-Raghavan.

'If anything, he is a fiscal hawk.' 'He has avoided fiscal profligacy completely for the past four years.' 'The fiscal deficits since 2014 are clear proof of this.' 'The point is not that it is not 3 per cent yet; it is that it is not 6, 7 or 8 per cent, which it could easily have been.' 'For this he needs to be congratulated.' 'He has recognised it no longer pays to spend other people's money to win elections,' points out T C A Srinivasa-Raghavan.

'Unlike in Gujarat, where he could ask for votes based on delivery, in 2019 he will have to appeal to his core Hindutva ideology, by firing over someone else's shoulders,' says T C A Srinivasa-Raghavan.

'If you keep inflation low, everything else like messing up after after demonetisation will be forgiven,' says T C A Srinivasa-Raghavan.

'The Gujarat model was never an economic model; it was essentially a governance model.'
'Mr Modi identified what would help him win votes and got it done, like 24x7 power in three phases, better roads, more water, etc.'
'Good economic governance at state level is quite different from good governance at national level,' points out T C A Srinivasa-Raghavan.

For a bunch that fancies itself so greatly and does not hesitate to express an opinion on everything, this is very odd behaviour, says T C A Srinivasa-Raghavan.

'He is 47 years old and not married. Since his son or daughter can contest for Parliament only 25 years after being born, the earliest, if he marries in December, would be 2043.' 'So this, pretty much, is the end of the road for dynastic rule in the party,' says T C A Srinivasa-Raghavan.

'Today the real issue facing the Modi government is not about investment, credit and money supply and all those things economists like to talk about.' 'It is whether your average citizen has confidence in the government not to do something utterly whacky,' says T C A Srinivasa-Raghavan.

'Differences will almost certainly arise over how the minorities are to be viewed and how educational institutions are to be treated.'
'These issues would be non-negotiable for Mr Modi's BJP.' 'So he may well refuse to lead a government in which his freedom of action is constrained by others in the coalition,' feels T C A Srinivasa-Raghavan.

A writer reveals the trick to writing a successful book.

'Though coalitions, which ruled India for 25 years after 1989, are regarded as a terrible thing politically, they delivered the best economic results,' points out T C A Srinivasa-Raghavan.

The classic Third Year or Mid-Term Problem has afflicted all but two prime ministers who have lasted a full term, give or take a few months this way or that, points out T C A Srinivasa-Raghavan.

When the Indian economy tanked in 1991, it did so because it ran out of foreign exchange. Today, it is tanking because it has run out of rupees even as the foreign exchange granary is overflowing, says T C A Srinivasa-Raghavan.

'Just as the BJP has been harnessing the power of religion for political purposes, Modi needs to harness the power of religious and corporate institutions for poverty alleviation,' says T C A Srinivasa-Raghavan.