She has shown shrewdness, sensitivity, and courage. All of these will be needed in ample quantities for the real challenge that will emerge after the elections, notes Shreekant Sambrani.
The Western world keeps talking, ratcheting up sanctions, the only thing it can do. The Russians march on to Kyiv and capture Zelensky and key members of his government as part of their 'de-Nazification' drive, predicts Shreekant Sambrani.
'Cyrus was always very different. He would think before acting.'
'The government's principal aim should be to reduce the volume of cash transactions.' 'That would bring more of the Indian economy within the purview of taxation.' 'The current downturn in economic activity due to a lack of adequate cash is likely to be limited to a year,'
The govt will have to clear hurdles to push GST by March 2015.
The fuzziness of Trump's economic blueprint remains the biggest risk.
China's major economic problem has been that its heartland is an agricultural region with about one-third of the arable land per person as the rest of the world.
'Let us also not expect that there will be a clean break with the past, much though the new government might like to think about it. In a functional democracy that is neither feasible nor desirable. But basic change it must be,' says Shreekant Sambrani.
'The real test will be in defence-related deals, for instance the Javelin anti-tank missile: Is the US willing to co-develop something with India, on terms that will support the 'Make in India' initiative? Is there defence technology transfer? Or will it dump old junk on India?' asks Rajeev Srinivasan.
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