• Research
  • Politika
  • About
Carnegie Russia Eurasia center logoCarnegie lettermark logo
  • Donate
{
  "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 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 Russia Eurasia Center

  • Commentary
    Carnegie Politika
    Leaving Russian-Speakers Without Representation Is a Risk for Latvia

    If the Russian-speaking community in Latvia cannot articulate their interests without being seen as disloyal, they could end up embracing a pro-Kremlin agenda.

      Sergejs Potapkins

  • Commentary
    Carnegie Politika
    Putin Has Been a Hindrance, Not a Help, to United Russia’s Election Campaign

    Russia’s ruling party would have benefited from Putin appearing as its distant patron, but as an active frontman imposing his views on the public, he has done nothing but harm both the party’s election campaign and the ruling system overall.

      Andrey Pertsev

  • Commentary
    Carnegie Politika
    The Kremlin Can No Longer Postpone Hard Economic Decisions

    Depleted financial reserves and a shrinking tax base mean it is no longer possible to simultaneously deliver high defense spending, price stability, and economic growth.

      Alexandra Prokopenko

  • Commentary
    Carnegie Politika
    Animal Tested by Leonid Bershidsky: A Utopian Novel for the Instagram Age

    Blurring the line between humans and animals is a long-standing tradition in social utopian prose. In his latest novel, Leonid Bershidsky reminds us that in social experiments, people are often treated no differently than animals.

      Alexander Baunov

  • Commentary
    Carnegie Politika
    Ten Years After Karimov’s Death, How Much Has Uzbekistan Really Changed?

    In the tenth year of his presidency, President Mirziyoyev’s system is becoming even more personalized than that of his predecessor Karimov.

      Galiya Ibragimova

Get more news and analysis from
Carnegie Russia Eurasia Center
Carnegie Russia Eurasia logo, white
  • Research
  • Politika
  • About
  • Experts
  • Events
  • Contact
  • Privacy
  • For Media
Get more news and analysis from
Carnegie Russia Eurasia Center
© 2026 Carnegie Endowment for International Peace. All rights reserved.