India must go much further than just survive this pandemic. A political culture of communalism and vengeance led to opaque governance and misplaced policy priorities. Many Indians voted for false communal pride, but as the pandemic hit, they found that they needed oxygen instead.
Posts tagged as “Narendra Modi”
The working middle class in the West faced difficulties due to globalisation. But unlike in the West, the rise of right-wing populism in India does not have an economic rationale. Instead, it actively sabotages the economic openness which has worked well for India in the past.
The basic principle of trade is that a country exports in sectors where it has a comparative advantage while importing in sectors where it does not. But in the Indian economy, only a minority of the workforce is engaged in activities where India is competitive.