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Mamata’s ‘industrial revolution’?

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For the disbelievers who still can’t fathom why India Inc’s headed to Banerjee’s meet in droves, the answer could lie in the recent opinion polls for the general elections of 2014.


The polls have indicated that Banerjee’s party could get 23-27 seats, up from 19 seats in the last round. If at 19, her participation in United Progressive Alliance-II (till it lasted) had a lasting impression on India Inc, the impact of 23-plus for India’s economic policies could be nightmarish.


Naturally, even those who don’t have any seeming interest in Bengal don’t want to be on her wrong side. Therefore, any investment as a result of the Mumbai meet could well be incidental. Read More

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