Grand Tamasha

China and India represent two of the most important forces reshaping the global economy, but they have arrived at this moment having followed very different paths. China surged ahead through manufacturing, exports, and an activist, but authoritarian state. India, by contrast, followed a more uneven path, shaped by democracy, a robust services sector, and a different relationship between government and markets. A new book, Eclipsing the West: China, India and the Forging of a New World, by the British economist Sir Vincent Cable examines the bigger question of what the rise of China and India means for the future of the world economy—and the international order. Vince Cable is a British economist, author, and former politician who has spent decades thinking about the changing global economy. He served as Britain’s secretary of state for business, innovation and skills from 2010 to 2015 and later as leader of the Liberal Democrats. Before entering politics, he worked in government, international

This week, Grand Tamasha is launching a new four-part series on energy and climate issues in collaboration with CASI—the Center for the Advanced Study of India—at the University of Pennsylvania.Over the next several months, we will be putting a spotlight on some of the most pressing energy and climate issues facing India—from India’s green transition to the effect of climate on its coastlines, and India’s multilateral climate diplomacy. And we will be doing so by leveraging the expertise of many CASI experts and affiliates.The first part of this new series looks at the connection between pollution and politics. Air pollution is often treated as an environmental or public health problem. But it is also a deeply political one—shaped by what voters demand, what politicians believe they will get credit for, which sources of pollution governments choose to target, and which institutions are capable of compelling action. To discuss why toxic air has proven so politically challenging in India—and what it m

Few subjects are as central to the functioning of government—or as likely to make the average citizen’s eyes glaze over—as how governments collect and spend the public’s money. But public finance shapes nearly every interaction Indian citizens have with the state. How much tax revenue will my state receive from the Centre? Will my local government have the resources to invest in the urban amenities I value? And how can I distinguish between an expensive freebie and a purposeful, targeted cash transfer?A new book, Fiscal Fables: A Citizen’s Guide to Public Finance, demystifies India’s public finances for a lay audience—and explains public finance concepts using relatable stories and examples. The book is co-written by two public policy researchers, Sarthak Pradhan and Pranay Kotasthane. They join Milan on the podcast this week to discuss their joint work.Sarthak is a fellow at the Takshashila Institution, an independent centre for research and education in public policy. He also serves as assist

Nearly eight decades after the partition of British India, Indians and Pakistanis still view one another with deep suspicion—and their perceptions of the wider world are increasingly divergent as well. New data collected by the Pew Research Center offer a revealing snapshot of how people across South Asia view their neighbors, major powers like the United States and China, and India’s growing global role. To unpack what these findings tell us about global public opinion, Milan is joined on the podcast this week by Jacob Poushter. Jacob is the lead author of recent Pew report titled, “India and Pakistan: Rivals with Divergent Views of the Global Order.”He is an associate director at Pew Research Center and an expert in international survey research. He writes about international public opinion on a variety of topics—including the international image of the United States and perceptions of global threats. He is also responsible for designing survey questionnaires, managing survey projects, analyz

This week, Grand Tamasha commemorates the release of our 300th episode. We started this show as an experiment in the run-up to India’s 2019 general elections. Seven years and 300 episodes later, we’re still around, and no one is more surprised than we are.While India has changed in many ways over the past seven years, one constant has been our occasional Grand Tamasha roundtables with Sadanand Dhume of the Wall Street Journal and the Council on Foreign Relations and Tanvi Madan of the Brookings Institution. It seemed only natural to celebrate our 300th episode by having them both on to discuss the latest in Indian politics and foreign policy. This week on the show, Milan, Sadanand, and Tanvi discuss the political fall-out of this summer’s Gen Z protests, the political future of the Cockroach Janata Party (CJP), and the churn within the ruling Bharatiya Janata Party (BJP). Plus, the trio discuss Prime Minister Narendra Modi’s recent meeting with Russian Pr

The history of India’s independence is often told through a familiar set of stories: the end of the British Raj, the trauma of Partition, Nehru’s “tryst with destiny” speech, and the birth of two new nations at the stroke of midnight on August 15, 1947.But the India that emerged eight decades ago was far from a finished product. In the final weeks before independence, the subcontinent remained a patchwork of British provinces and more than 500 princely states, many of whose rulers were weighing whether to join India, accede to Pakistan, or become independent. Behind the public celebrations was a frantic struggle over what India would actually look like—and whether a unified Indian state would come into being at all.A decade ago, investigative journalist Josy Joseph stumbled upon hundreds of thousands of pages of uncatalogued archives gathering dust. Those documents eventually helped inspire his new book, The Birth of a Nation: Twenty-One Days That Changed India, which reconstructs the dramatic

Over the summer, thousands of young Indians took to the streets to demand sweeping reforms of the higher education sector. This unexpected wave of Gen Z mobilization was catalyzed by the emergence of the Cockroach Janata Party, a satirical meme that blossomed into a national movement. Protests that began over the state of higher education soon tapped into something much larger: growing frustration among young Indians over jobs, economic opportunity, and their prospects for the future. India’s jobs debate is often framed around a familiar set of concerns: too many people working in agriculture, too few manufacturing jobs, an economy that is too-services oriented, and stubbornly high unemployment among the young. Our guest on the show this week has views on these subjects that often cut against the conventional wisdom.  Vidya Mahambare is the Union Bank Chair Professor of Economics and Director at the Great Lakes Institute of Management in Chennai. She studies central banking and monetary policy, stru

Most conventional accounts of the origins of liberalism in India typically begin and end with the British. Indian thinkers are often depicted as encountering liberal ideas through colonial institutions, adapting them to local conditions, and eventually turning them against the British Raj.  But a new book by Rahul Sagar, The Birth of Indian Liberalism: Mama Parmanand’s Letters to an Indian Raja, uncovers an older tradition of Indian liberal thought through a remarkable work first published in 1891 and then largely forgotten for more than a century. In a series of incisive letters addressed to the native ruler of Baroda, Parmanand argued that India’s native princes should embrace constitutional government, cultivate liberal values, and liberate their subjects from oppressive customs, social hierarchies, and arbitrary state power.  To talk more about Parmanand’s life, the rediscovery of his letters, and what they tell us about the origins of Indian liberalism, Rahul Sagar joins Milan on the show this week for t

The making of India’s Constitution is usually told as the story of the few hundred prominent lawyers, politicians, and intellectuals who comprised the Constituent Assembly—the body tasked with drafting this historic document between 1946 and 1949. But a new book by the scholars Rohit De and Ornit Shani, Assembling India’s Constitution: A New Democratic History, argues this familiar account captures only part of the story. Drawing on a remarkable range of archival material, the book shows that constitution-making was not confined to the halls of the Constituent Assembly alone. It also played out in provincial legislatures, princely states, government offices, civic associations, and communities across India. Ordinary citizens debated the constitution, petitioned its authors, organized around it, and creatively sought to shape its provisions. To discuss the book and its relevance for our understanding of India’s democratic evolution, Rohit and Ornit join Milan on the show this week. Rohit is a professor of hist

For decades, the H-1B visa program has been the centerpiece of America’s high-skilled immigration system.  To its defenders, it is a vital pipeline that brings talented workers from around the world to power the U.S. economy. But, to its critics, it is a system rife with abuse—one that can undermine American workers while also trapping foreign workers in exploitative arrangements. A new book, Wild Wild East: Exiled Americans, Enslaved Indians and the Systemic Abuse of the H-1B Visa Programme, takes readers inside one especially shadowy corner of this world: the universe of so-called “desi consultancies.” These companies—also known as H-1B “body shops”— connect Indian tech workers to American employers through a maze of recruiters, subcontractors, universities, and corporate clients. The book follows the lives of Indian H-1B seekers, displaced American tech workers, and the firms that profit from a deeply broken system. It is at a story about immigration, labor exploitation, globalization, and the darker side

In democracies, we typically assume that public opinion on issues like jobs, the economy, and inflation matter for shaping policy and politics. But opinions on foreign policy are often treated as the preserve of elites, especially in a country like India. Yet, it turns out that we know surprisingly little about what ordinary Indians think about foreign policy, how stable those views are, and whether they influence the choices that governments make. A new short book, Indian Public Opinion toward the Major Powers, tackles these questions by examining more than six decades of Indian attitudes toward the United States, China, and Russia. The book draws on a wide range of survey data to ask how Indians view the major powers, how those views have shifted over time, and what they reveal about democracy, accountability, and foreign policy in India. To discuss the book, co-authors Aidan Milliff and Paul Staniland join Milan on the podcast this week. Aidan is an assistant professor of political science at Florida State

India’s relations with Europe are often viewed through the lens of Brussels, Paris, Berlin, or London. But in recent years, India has also been deepening its ties with another important set of partners: the Nordic countries. Recently, Prime Minister Narendra Modi traveled to Oslo for the third India-Nordic Summit, bringing together India and the five Nordic countries—Norway, Sweden, Finland, Iceland, and Denmark.  The agenda for the six countries was wide-ranging, covering trade, investment, green technology, maritime cooperation, the Arctic, and the Indo-Pacific.  The visit also marked the first official trip by an Indian prime minister to Norway in more than four decades. As a result of the summit, Norway and India have elevated their bilateral relationship with new agreements on climate, technology, science, and the blue economy. To discuss what all of this means for India, Norway, and the changing global order, Milan is joined this week by May-Elin Stener, who serves as Ambassador of Norway to India, Sri

After the latest round of state elections, India’s political landscape looks more lopsided than at any time in the post-2014 era. The BJP claimed big wins in West Bengal and Assam—continuing its march across eastern India and solidifying its status as a hegemonic party. But politics at home is only part of the story.  Overseas, India is facing a turbulent moment—from the Iran war and Pakistan’s diplomatic resurgence to Trump 2.0’s approach to China and the uncertain future of the Quad.  To talk about the BJP’s dominance, the opposition’s crisis, and India’s positioning in a rapidly shifting world, Milan is joined this week by Grand Tamasha regulars, Sadanand Dhume and Tanvi Madan.  Sadanand is a senior fellow for India, Pakistan, and South Asia at the Council on Foreign Relations. He is also a regular columnist for the Wall Street Journal.  Tanvi Madan is a senior fellow in the Center for Asia Policy Studies in the Foreign Policy program at the Brookings Institution. The trio discuss whether India is becoming

India’s growth numbers shape how we understand everything from jobs to investment to global standing. But what if those numbers don’t tell the full story?  New research suggests India may have both underestimated and overestimated growth at different moments over the past two decades. That insight opens the door to a broader conversation about India’s macroeconomic choices, from exchange rate policy to electricity pricing to the quiet persistence of trade barriers. To discuss these issues and many more, Abhishek Anand joins Milan on the podcast this week. Abhishek is the Founder and Managing Director of Insignia Policy Research and a Visiting Fellow at the Madras Institute of Development Studies. He’s previously worked as an Economist at the World Bank and was a member of the Indian Economic Service, working in key positions throughout the Indian Ministry of Finance. Together, with Arvind Subramanian and Josh Felman, Abhishek is the author of a new working paper published by the Peterson Institute for Interna

For more than a decade, India has steadily deepened its ties with the Gulf while trying to balance competing interests across the region. But today, that strategy is under strain—thanks to the Iran conflict, shifting regional alignments, a reemerging Pakistan.  How is India being impacted by the Iran crisis? And what do these geopolitical shifts mean for India’s West Asia policy?  To discuss these and other questions, Milan is joined on the show this week by Kabir Taneja. Kabir is the Executive Director of the Observer Research Foundation’s Middle East office. He has worked extensively on India’s relations with the Middle East, examining domestic political dynamics, terrorism, non-state militant actors, and the region’s evolving security architecture. He is also the author of The ISIS Peril: The World’s Most Feared Terror Group and Its Shadow on South Asia. Milan and Kabir discuss India’s emerging political and strategic relationships in the Gulf, the risks the country faces from the Iran conflict, and the po

** NOTE TO LISTENERS: This week, we are releasing a special “flash episode” of Grand Tamasha to recap India’s recently concluded 2026 state assembly elections. As usual, we will still be publishing a new Grand Tamasha episode next Tuesday, May 12 at 9 pm ET, Wednesday 6:30 am IST.  It’s safe to say that India’s 2026 state assembly elections have scrambled many of the assumptions that have long shaped our understanding of Indian politics.  The BJP has finally captured West Bengal after decades of trying, secured a third consecutive victory in Assam, and made modest, but important gains in Kerala. With its allies, it also retained the union territory of Puducherry. In Tamil Nadu, meanwhile, the upstart TVK—led by the enigmatic actor Vijay—has disrupted a political duopoly that has defined the state for decades.  At a deeper level, across these elections, familiar assumptions about welfare, identity, institutions, and opposition politics have suddenly been called into question. To make sense of these results—and

India hasn’t updated how political power is distributed across its states in five decades—and the consequences are mounting. At the heart of delimitation lies a fundamental tension: should representation follow population, or preserve a delicate federal balance? Successive governments chose to defer the question, freezing India’s electoral map even as demographic divides deepened. The Modi government’s recent push to overhaul the system brought these tensions into the open but ultimately failed to resolve them. Recently, Milan sat down with Shruti Rajagopalan of the Mercatus Center at George Mason University for a wide-ranging webinar on delimitation, representation, and the reshaping of Indian democracy. The two discussed how India reached the present impasse—and what happens next. Milan and Shruti unpack the constitutional rules governing delimitation, the scale of malapportionment in the Lok Sabha, and the politics behind the Modi government’s failed 2026 push to overhaul the system. Plus, they discuss sce

For more than three decades, India’s growth story has rested on the promise of a large and youthful workforce—but whether that promise is being realized remains an open question. A new report published by the Centre for Sustainable Employment at Azim Premji University—State of Working India 2026—takes a comprehensive look at how young Indians move from education into the labor market—and asks whether India is successfully converting its demographic dividend into an economic one. The report documents a striking paradox: even as educational attainment has expanded dramatically, the transition to stable, gainful employment remains uncertain—with high graduate unemployment, limited job creation outside agriculture, and persistent gaps between aspirations and opportunities. To discuss the report, this week on the show Milan speaks with the report’s lead author Rosa Abraham, who heads theCentre for Sustainable Employment at Azim Premji University. Her research focuses on informal work and women’s employment, with a

Over the past several decades, the story of Silicon Valley has been deeply intertwined with the story of Indian immigrants—engineers, entrepreneurs, and investors who helped shape the technology revolution while building new bridges between the United States and India.  Few individuals embody that journey as vividly Kanwal Rekhi. Rekhi was the first Indian-American founder & CEO to take a venture-backed company public on the NASDAQ. He also co-founded and built The Indus Entrepreneurs—or TiE—into the largest global network of Indian entrepreneurs, and cofounded Inventus—where he is building the venture franchise into a catalyst for India’s tech revolution.  He writes about his life in his new memoir, The Groundbreaker: Entrepreneurship, the American Dream, and the Rise of Modern India, which traces his remarkable journey from a modest upbringing in India to becoming one of the most influential figures in the Indian diaspora in the United States. To talk more about his book, Kanwal joins Milan on the podca

For decades, India’s growth story has rested on the spectacular rise of its middle class. But a new book argues that this very group—roughly 40 million income-tax–paying households—is now under acute strain.  Facing a convergence of job disruption, wage stagnation, and rising debt, the middle class may no longer be the engine of growth it once was. This is the argument made in a new book titled, Breakpoint: The Crisis of the Middle Class and the Future of Work. It is authored by Saurabh Mukherjea, along with Nandita Rajhansa and Sapana Bhavsar Saurabh is the founder of Marcellus Investment Managers and the author of six previous books. Prior to setting up Marcellus, Saurabh was the CEO of Ambit Capital. He is also a Founding Director of the Association of Portfolio Managers in India Nandita is an economist and a small and midcap analyst at Marcellus. She’s the co-author of a national bestseller, Behold the Leviathan: The Unusual Rise of Modern India, which was published in 2024. Milan speaks with Saurabh and