Overview

For the better part of seven decades after independence, the Nehruvian idea of India held sway in India's polity, even if it was not always in consonance with the views of Jawaharlal Nehru himself. Three key features constituted the crux of the Nehruvian way: socialism, which in practice devolved to corruption and stagnation; secularism, which boxed citizens into group membership and diluted individual identity; and nonalignment, which effectively placed India in the Communist camp. In the early Nineties, India began a gradual withdrawal from this path. But it was only in 2019, with Narendra Modi's second successive win in the general elections.

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Harsh Gupta 'Madhusudan' is an India-based public markets investor. He has written extensively on economics, finance and politics for Mint, Swarajya, The Wall Street Journal, The Hindu Business Line, The Indian Express and other publications. Rajeev Mantri is an India-based entrepreneur and investor, investing in public companies and early-stage technology ventures. He has contributed articles on political economy, technology, investing and entrepreneurship.

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