• Research
  • About
  • Experts
Carnegie India logoCarnegie lettermark logo
AI
{
  "authors": [
    "Suyash Rai"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie India"
  ],
  "collections": [],
  "englishNewsletterAll": "",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie India",
  "programAffiliation": "",
  "programs": [],
  "projects": [
    "Political Economy"
  ],
  "regions": [
    "India"
  ],
  "topics": [
    "Domestic Politics",
    "Economy"
  ]
}

Source: Getty

In The Media
Carnegie India

Sitharaman Shouldn’t Just Put Out Existing Fires but Go for Real Success—Long-term Impact on Economy

Nirmala Sitharaman’s real success should be defined in terms of her long-term impact on the economy, and not just in putting out the fires burning presently.

Link Copied
By Suyash Rai
Published on May 31, 2019
Project hero Image

Project

Political Economy

This program studies contemporary developments in India’s political economy, with a view towards understanding and informing India’s developmental choices. Scholars in the program analyze economic and regulatory policies, design and working of public institutions, interfaces between politics and the economy, and performance of key sectors of the economy such as finance and land.

Learn More

Source: Print

Nirmala Sitharaman’s real success should be defined in terms of long-term impact on the economy, and not just in putting out the fires burning presently. This kind of success will depend on taking forward the unfinished reforms in the ministry, and initiating more structural reforms.

Read the Full Text

This article was originally published in the Print.

About the Author

Suyash Rai

Former Fellow, Carnegie India

Suyash Rai was a fellow at Carnegie India. His research focuses on the political economy of economic reforms, and the performance of public institutions in India.

    Recent Work

  • Article
    The Best of Ideas and Institutions, 2023

      Suyash Rai, Anirudh Burman

  • Other
    Global Technology Summit 2022 Action Points
      • +4

      Shruti Sharma, Suyash Rai, Konark Bhandari, …

Suyash Rai
Former Fellow, Carnegie India
Suyash Rai
Domestic PoliticsEconomyIndia

Carnegie India does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie India

  • Article
    India–Africa Strategic Partnership: Challenges, Potential, and Possible Pathways

    A partnership between India, a country of subcontinental size, and Africa, a continent of fifty-four countries, may seem asymmetric until one notes that both are home to nearly the same number of people—1.4 billion. This essay spells out the existing challenges to the partnership, its optimal potential, and the possible pathways to realize it over the next quarter-century.

      Rajiv Bhatia

  • Commentary
    The Unresolved Challenges in U.S.–India Semiconductor Cooperation

    The U.S.–India semiconductor cooperation story is well-stocked with top-level strategic intent. What remains unresolved, however, are some underlying challenges that will determine whether the cooperation actually functions. Three such friction points stand out.

      Shruti Mittal

  • Commentary
    Emerging From the “Zombie State” of Trade Agreements: The India-EU FTA

    The India–EU Free Trade Agreement (FTA) is shaping up to be one of the most consequential trade negotiations, both economically and strategically. But, what’s in the agreement, what’s missing, and what will determine its success in the years ahead

      Vrinda Sahai, Nicolas Köhler-Suzuki

  • Article
    Outlooks on Open-Source Innovation at the India AI Impact Summit 2026

    Drawing on ten public discussions from the India AI Impact Summit 2026, this article highlights key outlooks on open source in AI that are likely to shape policy and governance conversations going forward.

      Shruti Mittal

  • Research
    For People, Planet, and Progress: Perspectives from India's AI Impact Summit

    This collection of essays by scholars from Carnegie India’s Technology and Society program traces the evolution of the AI summit series and examines India’s framing around the three sutras of people, planet, and progress. Scholars have catalogued and assessed the concrete deliverables that emerged and assessed what the precedent of a Global South country hosting means for the future of the multilateral conversation.

      • +3

      Nidhi Singh, Tejas Bharadwaj, Shruti Mittal, …

Get more news and analysis from
Carnegie India
Carnegie India logo, white
Unit C-4, 5, 6, EdenparkShaheed Jeet Singh MargNew Delhi – 110016, IndiaPhone: 011-40078687
  • Research
  • About
  • Experts
  • Projects
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
Get more news and analysis from
Carnegie India
© 2026 Carnegie Endowment for International Peace. All rights reserved.