The prime minister seems to have turned his face away from the business of introducing serious reform, says T N Ninan.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
Gandhi accused Odisha CM Naveen Patnaik of being remote-controlled by Modi
Whereas the headline growth rate appears very respectable, India needs faster to growth to generate jobs.
NDA government has shunned populism.
If one were to go by the degree of clout, Jaitley was the undoubted No. 2 in the Modi government.
S&P in November ruled out an upgrade in the country's rating for some considerable period, citing India's low per capita GDP and relatively high fiscal deficit.
Presenting a report card of two years of the Modi government, BJP chief Amit Shah credited the party for giving a "decisive" government.
The opposition, while not directly stalling Parliament, will insist all legislation goes to standing committees, delaying implementation.
Short-term gains are always unpredictable.
With less than five months left for the report of the Fifteenth Finance Commission to be submitted, its chairman N K Singh said the report will have fiscal road map for states, depending on their current situation.