The_Showstopper
SENIOR MEMBER
- Joined
- Mar 6, 2011
- Messages
- 6,708
- Reaction score
- -3
- Country
- Location
Will AAP be able to keep up with its promises?
Even has the Aam Aadmi Party (AAP) raced to a crushing victory over the Bhartiya Janata Party and Congress, the immediate question arises over how it would be able to achieve the economic promises it has made in its manifesto.
In a discussion with CNBC-TV18’s Shereen Bhan, veteran journalists R Jagannathan and AK Bhattacharya, AAP member and former banker Meera Sanyal and BJP member and market expert Sanju Verma outlined the course ahead.
Verma attacked the AAP’s manifesto ,calling it ‘bogus’, and saying, for instance, that the government would find it costly to provide for electricity subsidies where companies are already saddled with losses, Sanyal said the manifesto was “well thought out” and deliverable.
Sanyal further added that the Delhi government and its municipal corporation’s budgets contained lots of leakages and misplaced priorities and those would serve as a source of capital rationalization.
Bhattacharya maintained that because the Delhi state has several of its powers curtailed, the AAP government could find itself at loggerheads with the central government over various issues such as law and order.
Asked whether the AAP victory could prompt the central government to take a more “populist” turn, Jagannathan said that, on the contrary, it is a signal for the Narendra Modi government to fast-forward reforms.
“Modi will have to win the battle [to push through reforms] now. In the political course, there could be further reverses ahead. And if he doesn’t carry his reforms agenda through now, he can’t do it later. He did the mistake of slowing down in the second half of last year.”
Will AAP be able to keep up with its promises? - Moneycontrol.com
Even has the Aam Aadmi Party (AAP) raced to a crushing victory over the Bhartiya Janata Party and Congress, the immediate question arises over how it would be able to achieve the economic promises it has made in its manifesto.
In a discussion with CNBC-TV18’s Shereen Bhan, veteran journalists R Jagannathan and AK Bhattacharya, AAP member and former banker Meera Sanyal and BJP member and market expert Sanju Verma outlined the course ahead.
Verma attacked the AAP’s manifesto ,calling it ‘bogus’, and saying, for instance, that the government would find it costly to provide for electricity subsidies where companies are already saddled with losses, Sanyal said the manifesto was “well thought out” and deliverable.
Sanyal further added that the Delhi government and its municipal corporation’s budgets contained lots of leakages and misplaced priorities and those would serve as a source of capital rationalization.
Bhattacharya maintained that because the Delhi state has several of its powers curtailed, the AAP government could find itself at loggerheads with the central government over various issues such as law and order.
Asked whether the AAP victory could prompt the central government to take a more “populist” turn, Jagannathan said that, on the contrary, it is a signal for the Narendra Modi government to fast-forward reforms.
“Modi will have to win the battle [to push through reforms] now. In the political course, there could be further reverses ahead. And if he doesn’t carry his reforms agenda through now, he can’t do it later. He did the mistake of slowing down in the second half of last year.”
Will AAP be able to keep up with its promises? - Moneycontrol.com
, however.. 
