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PM Narendra Modi should focus on people, not only on big projects

What must be even more confounding is how Indian leaders appear able to get away with budget math other politicians cannot, whether economically or politically

PM Modi, Narendra Modi
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Photo: Bloomberg

Mihir Sharma | Bloomberg
To economic policy makers in the rest of the world, the annual presentation of India’s federal budget must be a mystifying exercise. It’s less a statement of accounts than a state of the union address, laying out government priorities for the year ahead. Media coverage is carnivalesque: This year, for some reason, one prominent channel sat its anchors and experts at a news desk suspended from a crane 20 stories high.
 
What must be even more confounding is how Indian leaders appear able to get away with budget math other politicians cannot, whether economically or politically. That says something important