Two wobbly years

In a sense, the second United Progressive Alliance (UPA) government bears resemblance to the confused coalitions of the mid- and late 1990s. These regimes were beset with jockeying for crumbs between coalition partners—something that paralysed the policymaking process. Then, as now, there were allegations of corruption against powerful constituents (the fodder scam comes to mind). It is as if India faces a return to economic and political uncertainty every decade.

Read Full Story>>