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How Chidambaram Will Speed Up Reforms
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  • Keep all contentious issues—cutting government spending, opening up insurance—out of the Budget.

  • Tinker around but make sure that every thing balances out to maintain the status quo.

  • Stick close to the CMP.

  • Give—or give the impression of giving—every lobby some sops.

  • Send out the message that he is pro-reform.
  • Take the tough or real reform decisions outside the Budget process so they are not voted on in Parliament.

  • Make sure that the Left is represented on the committees to study government spending and subsidies. Faced with facts, the Left may be forced to toe Chidambaram's line.

  • Open up insurance gently.

  • Put pressure on PSUs to get more efficient or face disinvestment.
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