National Pension System was a bold reform implemented by Vajpayee government and bravely sustained by UPA—politically risky, but fiscally sound. Modi government’s Unified Pension Scheme and return to pension guarantees undoes this. Clearly, weaker coalitions have more risk appetite than a strong coalition with a near-majority at its core.
Modi’s Ukraine visit ends with reality check. Zelenskyy reminds him it’s not an era of neutrality
Modi’s Ukraine visit defied Russia’s ‘veto’ on friends engaging with Kyiv and was a rude reality check. Zelesnkyy ruined the mood by saying Putin disrespected Modi by bombing Kyiv Children’s Hospital when he was in Moscow. It may not be an era of war, it isn’t one for neutrality either.