Goa Journal

The Anxiety of Freedom

Panjim: The beginning is mundane. You arrive at a jetty on this capital city’s iconic waterfront, tumble out of the car, make an awkward climb to a floating jetty and jump into the boat. After that, it is a liberating experience.

Within minutes, the speedboat set off to explore the Mandovi River and its backwaters. We flitted in and out of waterways and their littorals, the mangroves that seemed to eat into the river as our boat maneuvered past overhanging branches through the twisting, winding backwaters. A calm descended on us; the outside word ceased to exist.

For a fleeting moment of schadenfreude, we thought about friends in Delhi and Bombay, stuck in traffic jams and all manner of urban discomfiture. As we floated through the backwaters, it seemed to me we had chanced upon an undiscovered world. And as we emerged from this mysterious water world back into the mainstream, we were confronted by sweeping vistas on offer by the mighty Mandovi.

Rivers play an important role in the life of India. They are considered sacred but modern India treats them as sewers, dumping waste and poisons in them. Most rivers in India are dirty and dying. The Mandovi is, in stark contrast, clean and is used for commerce and transport. Now, it is being increasingly used for pleasure.

And so it was for pleasure that we found ourselves rolling on the river. With the wind upon our faces and wonder in our eyes, we floated in the waters and saw a Goa that is mind-boggling; away from the beaches and the tourist spots. Time stood still here and the two hours stretched to an eternity.

The Mandovi tidal basin is an intricate system of wetlands, marshes and paddy fields, intersected by canals, dykes, bays, lagoons and creeks. The river and the backwaters are governed by regular tides that reach up to 20 miles upstream.

Our two-hour long experience on the Mandovi filled us with reverence for the majesty of nature. The river seems eternal; I use the word “seems” because it is impossible to grasp and define eternity in terms of years, centuries or millennia. And understanding this, the use of “seems,” puts you face to face with spirituality and its temporal offshoots: faith and communion.

Herman Hesse in his book Siddhartha wrote about “the restless departures and the search for stillness at home; the diversity of experience and the harmony of a unifying spirit; the security of religious dogma and the anxiety of freedom."

Over the years, I have come to celebrate diversity, to value harmony. Now I am concerned about religion and its effect on, “the anxiety of freedom.” These imponderables have occupied my thoughts. I have often wondered, wouldn’t it be so much simpler to be a man of faith?

But where do you place your faith?

Of all the religions, I have always been intrigued by Catholicism and its celebration of faith and communion, week after week; generation after generation; across communities, nations and cultures. Each Sunday, believers go to church and reaffirm the dogma that Christ was born of Immaculate Conception; He was crucified and rose from the dead. This they call proclaiming the mystery of faith. They receive the wafer and wine believing them to be the body and blood of Jesus Christ, which they call the Holy Communion, the Eucharist, the thanksgiving.

That afternoon on the boat, contemplating the majesty of the river and its various branched waterways, I began to get a glimmer of the spirituality of faith and the mystery of communion.

And no, I have not found religion. I still remain firmly a skeptic. But that experience on the Mandovi will make me a tad slower to challenge matters of faith. Call it the anxiety of freedom.

On our way back to the dock, we stopped midstream for a libation and a view of Panjim as the lights came on. It was a spectacular sight; the neat laidback city on the estuary came alive with its nocturnal personality. It was not Manhattan or Chicago but from the darkness enveloping the river, it was a sign of civilization. In the end, despite the majesty of nature, the lights of Panjim were comforting, a sign that in the end, civilization is what this world is about.

As we returned to shore, we were forced to contemplate mundane problems like where to have dinner. We settled on a restaurant in Candolim, the hip and happening place in north Goa. When we reached there, a solo singer was in attendance.

When we walked in, he launched into the Louis Armstrong 1968 classic vocal that celebrates nature, humanity, eternity: the wondrous mystery of life: What a wonderful world...yeah!

Copyright Rajiv Desai 2011

Fast Times in Modern Democracy?

Anna Hazare’s “fast unto death” is a throwback to more innocent times when the oppressor was colonial, clearly identified and vilified. Today, it is infinitely more complex. Hazare on a protest fast may evoke a longing for the black and white simplicity of yesteryear. The nostalgic appeal has sparked a cyber rush among young chatterati who wander aimlessly through the hills and dales of social networks, seeking company, making connections, buying and selling ideas and products.

If you cut back to the 1080i high definition picture of modern life with its 5.1 surround sound track, you’ll find that Hazare and his handlers have cleverly manipulated an old symbol made famous by Mohandas Gandhi. Calling it a fast against corruption, Hazare has touched a chord among young cyber savvy Indians, who see in the old man’s protest a chance to fulfill their youthful aspirations to revolt against the system. Budapest in the 1950s; Paris and Chicago in the 1960s; Beijing in the 1980s; Prague in the 1990; Cairo and Tunis recently and now Delhi.

Clearly, the seemingly innocent khadi-clad activist and his wily handlers have managed to rally young netizens. By calling it a fight against corruption, they have cleverly deflected the glare from the hard political demand underlying the fast: give civil society activists a role in framing laws; a demand no government can concede without violating its oath to uphold the Constitution.

The notion that civil society activists must be given a say in the framing of the anti-corruption law is misbegotten. No matter how righteous the cause; no matter how pious the protest, activists have no locus standi as lawmakers. The Constitution is very clear on the separation of powers and reserves the law making function to elected representatives.

Stripped of its saintly posture, Hazare’s protest is a challenge to the Constitution. Dreamy and romantic netizens, who have been set all a-twitter by it, don’t seem to realize that Hazare and his handlers have been active since the 1970s. Styled as people’s movements, these groups have never embraced the Constitution as the final arbiter of political, social, economic and cultural diversity. Theirs was always a higher cause.

The Constitution has helped India negotiate diversity, poverty and various challenges to emerge as one of the world’s fastest growing countries. Its government now has a seat at the high table of international diplomacy; its economy has lifted millions from abysmal poverty; its political system consists of the exercise of the largest franchise in the world blessed with a “throw the rascals out” mindset of the electorate.

Hazare’s crusade draws ideological inspiration from Hind Swaraj, the Gandhian diatribe against modernity. Corruption seems to be merely a cause recruited in the long-term campaign against modernity. It’s a clever choice because indeed corruption is public affairs topic one.

Fed up with incessant reports about large-scale corruption, influenced by the Jasmine scents of Tunisia and Egypt, hundreds of young people have rallied to the cause. In North Africa, the targets were clear cut: long ruling dictators. Here there is a democratically elected government. Even if the protest can draw hundreds of thousands of people into the streets; even if the most righteous, learned and saintly people turn out; they cannot challenge the legitimacy of an elected government.

What Hazare and his fellow travelers are saying is not new; they’re on a well-charted path laid out in Gandhi’s book. They damn the entire political process as corrupt and seek to replace it with high-minded vigilantism. Even if it is composed of angels and saints, a vigilante group has no place in a modern constitutional democracy.

This article appeared in The Economic Times, April 10, 2011.

Copyright Rajiv Desai 2011

Is the Jan Lokpal Bill the answer?

Ibnlive.com
Posted on Apr 07, 2011 at 12:12pm IST

What is Anna Hazare really campaigning for? To Indian citizens, his courageous display of moral outrage represents a crusade against corruption. This is a time when the ruling UPA Administration is beleaguered not only by the surfacing of a number of big-ticket scams but also by its inability to act firmly against the people seen to be the perpetrators. No wonder, then, that Hazare’s fast has become for angry Indians a potent symbol of protest against dishonesty. And it is this that has become a clarion call for citizens raising their voice – online and offline.

However, the majority of his newfound supporters are probably not aware of the precise nature of Hazare’s demands. He is asking for a drastically revised version of the Lokpal Bill, the draft legislation that seeks to set up a body to investigate accusations of corruption against individuals and institutions within the government and the administrative machinery around the country. Or, against public servants.

An alternative version of this Bill, dubbed the Jan Lokpal Bill, has been drafted by, inter alia, former Union Law Minister Shanti Bhushan, former IPS officer Kiran Bedi, Justice N. Santosh Hegde, renowned advocate Prashant Bhushan and former chief election commissioner J. M. Lyngdoh. Perhaps the most striking aspect of this version: it seeks to virtually bypass the involvement of the government in the process of creating the Lokpal body.

Thus, the selection committee it envisages would include, among others, all laureates of Indian origin, the last two Magsaysay Prize winners of Indian origin, the two seniormost judges of the Supreme Court and of the High Courts, and Bharat Ratna award winners. The Administration would be represented by the chairpersons of the Lok Sabha and the Rajya Sabha, the Chief Election Commissioner and the Comptroller and Auditor General.

Clearly, this version sees no role for the people who have been democratically elected to govern the country. The message runs deep: to adopt such a system would be to acknowledge the failure of democracy as an institution, and install a vigilante-oriented body that can act on its own discretion in terms of what and whom to investigate and has police powers to prosecute perceived transgressors.

There is a naïve idealism imbued in this alternative structure, implying that the women and men who will be members of the Lokpal will be perfect citizens with no agenda other than weeding out corruption. But its powers will be sweeping, and with no checks and balances, what will prevent such a body from turning into a motivated, witch-hunting mchanism? The wheels of the administration may grind frustratingly slowly, but that also reduces the chances of the kind of arbitrary prosecution that India saw during the Emergency.

For instance, among the activities that the Bill considers as evidence of corruption are:

1. Gross or willful negligence; recklessness in decision making; blatant violations of systems and procedures; exercise of discretion in excess, where no ostensible/public interest is evident; failure to keep the controlling authority/superiors informed in time.

2. Failure/delay in taking action, if under law the government servant ought to do so, against subordinates on complaints of corruption or dereliction of duties or abuse of office by the subordinates.

3. Indulging in discrimination through one’s conduct, directly or indirectly.

It is not difficult to see the room for interpretation here, leading to persecution rather than prosecution. In effect, the Jan Lokpal Bill wants to arm the Lokpal with powers that combine the Legislative, the Judiciary and the Administrative. The way its creators see it, it can set policy, investigate and prosecute, and sit in judgment.

Step back further, and a larger question presents itself. Are democratically elected and constituted institutions no longer to run this country? The extreme measures proposed in this ‘people’s version’ are a measure of the unhappiness, frustration and anger within civil society at what appears to be the tacit complicitness of government in corruption. However, to demand sweeping powers on the basis of moral outrage is another matter altogether.

None of this is to disparage the purity of Anna Hazare’s mission - or the Indian citizen’s eagerness to join hands with him in what is perceived as a crusade against corruption. But in its present form, the Jan Lokpal Bill may only substitute one monster with another.

A Short History of Public Relations in India

Growing Importance, Declining Values

Speech at Communications Unplugged

A TED^X Event

MICA, Ahmedabad, Gujarat

February 26, 2011

Good morning.

Many thanks to the organizers for this opportunity.

I’d like to talk to you this morning about the history of public relations consulting in India.

My perspective is unique.

The firm that I founded in 1987 was the first of its kind in India.

So the history of the business intersects with my own experiences in the business.

Coincidentally, it also is a history of economic liberalization in India.

###

Does anyone know how old the business is?

Well, it dates back to biblical times.

The first PR consultant was with Moses, when he led the Jews out of Egypt to escape the Pharaoh’s vicious rule.

Thousands of Jews followed Moses as he led the march to freedom in the “promised land.”

The flight came to a stop at the edge of the Red Sea. With the Pharaoh gaining on, his followers turned to Moses, praying for help.

“Don’t fret,” Moses told them. “I will part the sea and we will simply walk across.”

Everyone was awestruck; religious fervor rose to fever pitch. They hailed Moses as the Messiah. They swore loyalty and fealty and praised the Lord.

Among them was this public relations consultant, who spotted a huge opportunity. He went up to Moses.

“Look chief, if you pull this off, I can get you 10 pages in the Old Testament.”

###

By comparison, PR is relatively young in India; but the issues are similar: about right and wrong; ethics and morality.

Let’s take a closer look…

In 1988, when I had just launched IPAN, India’s first PR consulting firm, I was asked by a journalist from The Economic Times to explain the essence of public relations.

I held out two identical pencils. “The one in my left hand is made by Tata; the other by Reliance. Which would you pick?”

Guess which one the journalist picked?

Today, he may have picked neither; then he picked the Tata pencil.

Asked to explain the reason for his choice, the journalist said it was because Tata has a better reputation than Reliance.

Since neither company did much by way of corporate advertising, focusing instead on product advertising, it is clear that Tata did all kinds of things that got noticed and met with public approval.

In advertising parlance, these are known as “below the line” activities.

That, I told the journalist, is the essence of public relations.

The job of a public relations man is to persuade his client to do good things, ensure they get noticed and thus win the public trust.

###

One of the 20^th century’s foremost public relations men was Mohandas Gandhi. As such he did not have a client but a higher cause.

His “Satyagraha" was a shrewd strategy that attracted media attention: whether he was burning passes in South Africa or making salt in India.

Familiar with the British press, parliament and courts, Gandhi knew instinctively which buttons to push.

He used the press and the courts to stir British Parliament.

Just how sophisticated was this strategy!

Gandhi figured that non-cooperation would force the colonial government to respond with violence and incarceration.

This made the front pages of British newspapers and forced Parliament to act.

In the end, Indian independence came when the differences between Parliament in London and the colonial government in Delhi became irreconcilable.

It’s too bad that India has deified Gandhi. One of the titans of the 20^th century is now worshipped when he deserved to be studied.

But I digress…

I want to trace for you the growth of the business since I founded the first PR consulting firm in 1987.

PR consulting started out with a bang.

The company I founded, IPAN, was first off the block.

###

One early client was Pepsi that had struggled for more than two years to secure government approval to set up operations in India.

When we arrived on the scene, Pepsi had become the butt of negative stories in the press and questions in Parliament.

Beleaguered, the American company changed partners and roped in Voltas and the Punjab Agro-Industries Corporation.

From January 1988, we went to work, trying to beat back the disinformation spread about the company in the media and in Parliament.

At the time, the soft drinks industry in India was small, dominated by one player, Parle that had 80 percent of the market.

A check with the media and various politicians told us the campaign against Pepsi was orchestrated by Parle.

Our strategy then became not to reply to the negative stories but to show that the entrenched soft drinks lobby was behind the negative publicity.

We also showed that the soft drinks industry in India simply could not meet the demand and that there were huge quality issues.

Then, we highlighted Pepsi’s commitment to Punjab; that they would help farmers build a value-added business of growing potatoes and tomatoes.

Thus, we were able to demonstrate that entry of Pepsi was in the public interest.

We were able to do that once we convinced the press and the parliamentarians that the campaign against Pepsi was simply a market manoeuvre.

It took until September when the government okayed the Pepsi project.

In the flush of victory, many people told me it had to do with my equation with Rajiv Gandhi.

In fact, Voltas had a “resident director,” Anil Shastri, who went on to become the minister of state in the finance ministry.

Neither of us brought up the subject in our interactions with Rajiv.

No, the approval for the Pepsi project did not result from influence peddling.

What we did was change the focus of public debate.

The domestic sector had raised all kinds of from pseudo nationalistic issues.

We said it was just plain commercial rivalry.

We said it often and with great conviction.

Once that message sank in, we were able to tell the Pepsi story and how it would benefit India, Punjab and soft drinks industry.

Today you know how Pepsi has gone on to become a youth icon.

The company has created thousands of direct and indirect jobs, not just in bottling and distribution but also in advertising, pr and other ancillary businesses including the paanwallahs and various others in the “unorganized” sector.

###

A year later, there was Citibank. Its local management was charged with introducing the global consumer to India.

At the time, the sector was monopolized by public sector banks that were charged with “social banking.”

There was no sense of consumer banking: no credit cards, no ATMs, no mortgages, and no car loans.

Citibank had applied for licences but was stumped by the government banks and the Reserve Bank.

The idea was to prove to the government that the lobby against foreign banks was sheer ideological bias.

We conducted a survey that showed among the regulatory agencies, there was perceptible bias against Citibank.

Our counsel was to highlight the fact that Citibank that had done business in India since 1902 was very much part of the national agenda.

To this end, we persuaded Citibank to make a strong pro-India statement in response to the US Trade Representative’s decision to name India as an unfair trader under a new law called Super 301.

The bank’s New York public affairs unit submitted an affidavit to the USTR saying their experience was that India is a fair trader.

We gave the story as an exclusive to India’s most credible economics writer.

It made a huge splash and rapidly changed perceptions about Citibank.

In the event, the Indian government gave Citibank permission to set up their consumer operations in India.

The rest is history: what we take for granted now—credit cards, auto loans, mortgages, consumer financing—had their origins in the campaign by Citibank.

Over the years, millions of people in India were empowered: to buy cars, appliances, vacations and homes and also stocks and mutual funds and insurance.

###

In 1991, a young English guy came and talked to me about a pie-in-the-sky venture called Satellite Television Asia Region, now known as STAR TV.

Promoted by Richard Li, a twenty-something from Hong Kong, the satellite television venture ran into predictable opposition from the information and broadcasting ministry that had a monopoly on television.

By creating a business opportunity for small and medium enterprises, cable operators and equipment manufacturers, we advised STAR TV to challenge the government monopoly by rallying these newly-minted businesses to support them.

In a final bid to retain its monopoly, the government introduced the confused Cable and Satellite Regulation Act in 1993 with view to curb the threat to its monopoly.

We helped STAR TV rally support from cable operators and equipment manufacturers to fight against the bill’s unreasonable strictures on the cable and satellite business.

Today, there are still many flaws in the cable business, which got taken over by thugs and political goons, and has therefore languished in technological backwaters.

In the event, cable has been surpassed by organized satellite broadcasters. And we have global quality direct-to-home television.

In freeing the television business, STAR TV created thousands of jobs not just in their direct operations but in associated businesses.

Though I must add the boom in television broadcasting is not all to the good.

The news element is beset by shrill incompetence.

The entertainment business has revived all manner of traditional practices that have no place in a modern society.

On the whole, though, it has been good for the country.

###

These three case studies were about success in challenging monopolies.

One of the things we prided ourselves on was our involvement at the very cutting edge of change in India.

As India evolved rapidly into a consumer market, we were there.

Pepsi Citibank and STAR TV changed everything.

The Indian citizen, always beset by a scarcity mindset and a make-do culture, now had choice and abundance.

###

The next case study is one of which I am very proud.

In 1993, Manmohan Singh, then finance minister, was about to announce a path-breaking budget that dissolved the licence-permit raj.

The previous December, we were retained by the Indian Soaps and Toiletries Manufacturers Association to help their campaign to bring down taxes.

They told us the government was ready to slash taxes on the sector but it was important for ISTMA to handle the “fallout.”

Toiletries and cosmetics were treated as somehow not in sync with tradition.

The sector also was treated derisively by policy makers and their academic fellow travellers.

“You talk about lipstick and perfume when there so many millions in the country who can’t get a square meal.”

This was a typical rejoinder from high-minded mandarins in the bureaucracy and in the academy.

But Singh saw the merit in the ISTMA argument that reduced taxes could help the sector boom and provide jobs and additional revenue from increased sales volumes.

Our effort to handle the “fallout,” began with the prejudice issue; we asking well-known women across the country to sign a petition that said toiletries and cosmetics were in fact a part of the Indian tradition.

On the taxation issue, we made common cause with many economists who showed how lowering rates could boost tax revenues.

Finally, we worked with consumer groups such as Common Cause to highlight how high taxes bred spurious and pilfered products that posed a hazard to consumers.

It was with great satisfaction that on budget day 1993, we found the finance minister had used lines from our petition to announce a huge cut in tax rates on the sector.

Since then, as we all know, the toiletries and cosmetics business boomed.

And the boom energized the beauty sector and made India into a super power, winning back to back titles in the various contests such as Miss World and Miss Universe.

###

In recent times, we’ve dealt with the commissioning of the Bandra Worli Sea Link.

You may know that there were several contentious issues that swirled around the project that was built by HCC, a Bombay-based infrastructure company.

One was about delays and cost escalation.

Another was about the sustained opposition from so-called activists.

By positioning the bridge as the icon of 21^st century Bombay, we gained support from the media, political leaders and prominent citizens.

Tools included a National Geographic documentary that highlighted the state-of-the-art technology.

Also the bridge was offered as a backdrop to a Times of India promo featuring Amitabh Bachchan.

We also helped the company set up an experience center at the site.

This became a good way to educate media and others about the project.

On June 30 2009, when the project was officially commissioned, political leaders, bureaucrats and prominent citizens literally fell over each other for an invitation to the function.

The Bandra Worli Sea Link is a boon to Bombay’s frazzled commuters and is an indispensable part of the city infrastructure.

It is well on the way to replacing the colonial-era Gateway of India as the icon of 21^st-century Bombay.

###

In “breaking news,” our most recent project is the Lavasa Hill City that is coming up near Poona.

The first of its kind in independent India, Lavasa is a new-age concept that uses the principles of the “new urbanism” in which urban areas are planned so that people can live, work and play there.

Under assault from Luddite groups and an ambitious union minister, the project is currently stranded.

I can’t tell you much more than that.

Except the Lavasa project has challenged the notion purveyed by various activist groups that all development is bad.

That in fact, development is a carefully considered choice in which growth and environment need to be balanced.

###

In the nearly 25 years of its existence, the public relations consulting business has grown in importance.

In the early years, it played mainly an advocacy role, helping international and domestic companies pioneer new businesses in India.

Later, it became an adjunct to corporate marketing departments, focused mainly on media relations.

Now it has assumed a management function, helping newly empowered corporate communications department meet the growing demands for advocacy, media relations, media monitoring, training, cyber PR, government relations, recruitment, and CSR.

###

There is however a darker side to our discipline.

And it needs to be addressed squarely else we lose credibility as a 21^st century discipline.

As it has grown in importance, professional values and ethics have become somewhat blurred.

This has become painfully evident in recent months.

I refer here to the telecom scam and role played in it by a PR consulting firm and its chief executive.

It is amazing that a single person, with no previous experience in the field, climbed to such dizzy heights using influence peddling techniques.

As such, she was entrusted with the responsibility to manage corporate communications for India’s two largest conglomerates.

It is even more amazing that the heads of both these behemoths heeded the advice of an untrained and inexperienced person.

The 2G scam dented many individual and corporate reputations.

My concern here is to make a clear distinction between the practice of professional public relations and the kind of influence peddling that was revealed in the scam.

We need for the profession to embrace some sort of a pledge like the Hippocratic Oath in which, among other things, the practitioner pledges “first, do no harm.”

Thank You

Copyright Rajiv Desai 2011

A Thoughtful Budget

Media Don’t Get It

Except for The Wall Street Journal and the very thoughtful program anchored by Prannoy Roy on NDTV, the budget got short shrift everywhere else in the media. The general assessment was it was a mediocre or bad budget. Which is as far from the truth as Alaska is from India.

Hours on television and pages in the newspapers were full of meaningless analyses. Some said there were no major reform announcements; others moaned about the tax provisions. One particularly egregious businesswallah, member of the tribe that shows up on television each February 28, ranted about the tax on “centrally air conditioned hospitals.”

The growth brigade was out in full force lamenting this, that and the other. The Left and jholewallahs also dismissed he budget as a continuation of the neoliberlal conspiracy to sell India to the West. The BJP, its credibility waning by the minute, made its usual noise.

The media, “civil” society groups, the Left and the Hindu nationalists couldn’t have got it more wrong. The media are ill-informed and incompetent. The activists are naysayers; the Left works on a discredited economics model and the BJP, aka the Hindu nationalists, are clueless.

Consider the following ten points taken straight out of the finance minister’s speech:

1. Food prices are high despite improved availability. The finance minister said this was because of shortcomings in the marketing and distribution system. Held in thrall by the government and random retailers and middlemen the marketing and distribution system is a problem. So the signal is they will open up to organized retail marketing.

2. Inflation management calls for a focus on agriculture. The need is to improve productivity. The finance minister’s message was to improve the quality of inputs including mechanization, nutrient-based fertilizers and biotech applications.

3. Also addressed in the budget was the need to remove bottlenecks in value-added farming, including horticulture, dairy, poultry and meat. This is of a piece with the findings of the S S Johl committee that was formed in the 1980s and recommended that at least 20 percent of farm land be given over to value-added crops.

4. The finance minister announced the formation of a public debt management agency. The idea is to depoliticize debt and curb populist spending.

5. Disinvestment of public sector units is a huge problem. Calling it the need to increase people’s ownership of these government owned companies, the minister said the government looked to raising 40,000 crore from the sale of their shares in the stock market.

6. Amendment of the banking regulation act is a major announcement. In its purview, private sector banks will be allowed to open more branches. As such, the so-called aam aadmi will not have to battle for banking services that are a problem in the nationalized banks.

7. Also announced was a plan to modernize the stamp and registration administration and the setting up of a central electronic registry for immovable properties. It is a strike in the heart of darkness because real estate is the major source of black money.

8. This is perhaps most important. The government will now do direct cash transfers to people below the poverty line. It’s a brilliant move to stop leakages from welfare schemes.

9. On the taxes front, the finance minister has left most levies untouched but has given a break to the bulk of taxpayers by increasing the exclusion amounts.

These are a few, and there are many more, of the budget’s highlights. It is abundantly clear the government knows what it’s doing.

The budget is beyond is beyond partisan politics and is a sophisticated response to the globalization of India’s economy.

It is clear that this government understands the issues and the problems. It is, as the finance minister said, a transition to a more transparent and result based economic management system.

I think it is a great budget for an increasingly sophisticated economy.

What do you think? Write me.

Copyright Rajiv Desai 2011