Being in India again, not as a student but accompanying a group of students, it seems that India is at a crossroads once more, communal violence still prevails. My sense is not, however, that a Congress-led government will prevent such violence, but can merely postpone its eruption. An economic policy that emphasises claims and rights tied to positions, rather than merit, is reaching its limits.
Modi may be even better at preventing communal violence than the Congress, and not just spurring economic growth. Despite his role in previous episodes, Modi at least has legitimacy when controlling such violence. But as the prime minister, Modi cannot avoid disowning some old friends publicly. He is as much as at a crossroads as the nation. Should Modi fail at this, which is not unlikely, foreign investors will soon find out, as will local business entities, that running a business without being a statesman will not work if you are running the country. Everyone will look at how Modi treats the press as an early sign of things to come. Decisions on investing and divesting will also hinge on this.
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
