Narendra Modi's rise as the BJP's champion in the 2014 elections has come as a blessing for the minority government at the Centre. Any move by any non-BJP party that is likely to destabilise the government would immediately be damned as a move to help Modi.

So scared is the Samajwadi Party of such stigma thus that it suffers Beni Prasad Verma's insults in silence and dare not withdraw support for the government. The logic works for other parties as well. This stability gives the government space for new policy manoeuvre. It is time to be bold and take tough decisions to revive India's growth, strengthen macroeconomic balance and stem the rupee's slide. Read More

Jyothi Shankaran

    Jyothi’s last role was as Senior Editor with the business news channel Bloomberg TV India. He also worked as News Editor at business-standard.com, the online version of the business newspaper Business Standard. Jyothi is a chemical engineer from the Regional Engineering College, Srinagar.