Modi govt has a split personality-innovative on disinvestment, regressive on credit card spends

The Modi government is becoming more mature in its economic and financial reasoning, in keeping with its venerable nine years in office. Yet, it is exhibiting a Dr Jekyll-Mr Hyde split personality in many cases, which is undermining any confidence people have in this emerging maturity. On the one hand, the government's policies on disinvestment, crypto assets, compromise settlements, transparency in budget numbers, and even the way it has handled the withdrawal of the Rs 2,000 currency note show that it is thinking things through before acting. On the other hand, Mr Hyde still rears his head in the way…