Over the last few days Jaswant Singh has been doling out sops and tariff rationalisation in an effort to augment the feel good factor in anticipation of the elections. Though it is time to rejoice on account of the tax reductions, what I’d really like to see is a reduction in expenditure, which ofcourse won’t happen when the incumbent wants to win an election.

From where I stand, it feels like the Supply-Siders of Reagan’s America just hit the Indian Policy regime big time.