India's Triple Transition and Work-in-Progress

We are seeing a colossal work-in-progress in India's next-level transition in three areas - Social, Political and Economic - that it is easy to see the ongoing flux as turmoil. I am fully convinced that this is India's second or third-greatest inflection point before we get back into the world orbit of adulation. Parliaments are challenged, ministers are getting jailed, Judges are impeached, peopl...e pose questions to Prime Minister that should have been raised elsewhere, Gandhian incarnations re-enter the national consciousness, business icons are getting milched. I don't bother if the stock markets or currency or gold markets or bond markets take a beating from here - thats the bye-product of bellweather reactions. I am more concerned with what the "cause" is, not effects. I am 500 per cent convinced that these transitions on many counts are going to cleanse India more and make our future brighter for all of us. I mean it and can smell it in my blood as someone who knows India since the 70s that this phase is going to do multiple good to our country in many ways that historians will extol. You can deride India or ride this wave - and the opportunities it provides in many ways.

Let the Parliament function

Even though I am a die-hard bull about the economy and stockmarket, I am worried about the way the Parliamentarians in India are acting out of their wits. If they don't allow the ongoing Winter Session to function properly, and deliberate and discuss the passage of crucial bills - you can rest assured that not only FII outflows will increase or additional FDI get stalled, it will do more harm than... good to Brand India in the near-and-long-term. I am scared that if this session doesn't function its chartered course, Rupee can touch 56-58 to a dollar and markets can slip to 12k also - aggravating a fragile balance in macroeconomic headwinds. Opposition in India have opportunities galore already, they should just rein in their destructive emotions to act responsibly - else, they will be perceived as enemies bigger than some neighbouring countries. Dear opposition, choose your batttles well, you are on the verge of winning a war, why fritter away a chance to show some statesmanship?