Talent crunch is among the key challenges being faced by the Narendra Modi-led BJP government, feels Business Standard editor AK Bhattacharya.
He was participating in a panel discussion on the BJP’s performance in Maharashtra and Haryana and the implications for policy reforms at the Centre.
“It is virtually a one-man government with no strategic think tank behind the one-man team,” Bhattacharya said in an interview to CNBC-TV18’s Latha Venkatesh and Reema Tendulkar.
Bhattacharya said this was leading to doubts over the government’s ability to deliver on what was expected of them.
He said diesel regulation was a good step, but it remained to see how far the oil ministry would move away from pricing decisions.
Bhattacharya is skeptical of the government being to able to push through with legislative reforms. He sees GST, FDI in insurance, land reforms and land acquisition & rehabilitation as the some of the areas where the government has to push forward. But he does not see much happening on these fronts for the next 6-8 months.
Girish Kuber, editor, Loksatta feels the investment climate in Mahashtra will definitely improve with the BJP coming to power. He also sees lot of improvement in the state’s infrastructure, something that was lacking for the last 10 years because of differences between the Congress and the NCP.
Sanjay Pugalia, editor-in-chief of CNBC Awaaz, feels lack of absolute majority will not affect NDA’s capacity or ability to deliver on what is expected of it.
“The difference will be in the timeline and language of things; the way everybody wants him to say, he will not say,” Pugalia said.
He said the deregulation of diesel prices and the gas price showed that the government is mindful of the criticism is that it is not taking tough reform measures. Pugalia sees major announcements relating to land acquisition, coal auction, power sector and GST shortly.
MK Venu, editor, Amar Ujala feels GST is not an insurmountable problem for the BJP.
“The big hurdle (to reforms) will not come from outside of BJP; it will come from the Sangh Parivar,” Venu said.
“Within the Sangh Parivar there is a strong protectionist DNA which Modi will have to negotiate,” Venu said, citing the instance of the recent Flipkart sale which triggered statements from key BJP leaders saying that online pricing would be regulated.