Grand Tamasha

Each week, Milan Vaishnav and his guests from around the world break down the latest developments in Indian politics, economics, foreign policy, society, and culture for a global audience. Grand Tamasha is a co-production of the Carnegie Endowment for International Peace and the Hindustan Times.

  1. 4d ago

    India’s Public Finances, Explained

    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 assistant editor of the Indian Public Policy Review.  Pranay is deputy director at Takshashila, where he chairs the High-Tech Geopolitics Programme. He also co-writes Anticipating the Unintended, a weekly newsletter on public policy, and co-hosts Puliyabaazi, a Hindi–Urdu podcast on politics, policy and technology. Sarthak, Pranay, and Milan discuss why every active citizen should care about public finance, the competing visions in India of the purpose of government, and the vagaries of the Indian tax system. They also talk about the much-maligned Goods and Services Tax, the tensions in India’s fiscal federalism, and the rise of ‘competitive populism. Episode notes: 1.        “India's Tryst With Policymaking” (with Pranay Kotasthane), Grand Tamasha, January 25, 2023. 2.        “India and the Emerging Chip Race” (with Pranay Kotasthane), Grand Tamasha, January 30, 2024. 3.        Khyati Pathak, Anupam Manur, and Pranay Kotasthane, We, The Citizens: Strengthening the Indian Republic (New Delhi: Penguin, 2024).

  2. Sep 23

    How India and Pakistan See Each Other—and the World

    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, analyzing data and developing topics for the annual Global Attitudes Survey. Milan and Jacob discuss the work of the Pew Research Center, the hardened views of India and Pakistan towards one another, and the two neighbors’ views of the great powers. Plus, the two discuss how India is viewed by other countries in the neighborhood and the places where India’s standing has experienced a significant decline. Episode notes: 1.        Jacob Poushter, Sneha Gubbala, and William Miner, “How do South Asians view other countries in the region?” Pew Research Center, August 13, 2026. 2.        Sneha Gubbala, “Public opinion of India is mixed across 36 countries,” Pew Research Center, August 13, 2026. 3.        “Neha Sahgal on Religion and Identity in Contemporary India,” Grand Tamasha, June 30, 2021.

  3. Sep 16

    Episode 300: India, Then and Now

    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 President Vladimir Putin, the potential thaw in China-India relations, and whether ties between India and the United States can weather the current turbulence. Episode notes: 1.        Sadanand Dhume, “An India-China Rapprochement Isn’t in the Cards,” Wall Street Journal, September 9, 2026. 2.        Sadanand Dhume, “India’s Global Image Problem,” Wall Street Journal, August 26, 2026.  3.        Sadanand Dhume, “‘Cockroaches’ Threaten to Overrun Narendra Modi’s Kitchen,” Wall Street Journal, July 29, 2026.  4.        Tanvi Madan, “India’s Strategy for Economic Security: Deny, Indigenize, and Diversify,” Asia Policy 21, no. 3 (2026).

  4. Sep 9

    The Three Weeks That Made India

    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 three weeks leading up to August 15, 1947. Josy joins Milan on the podcast this week to talk about his best-selling new book. Josy is one of India’s best-known journalists and founder of Confluence Media, an investigative journalism outfit. He is author of two acclaimed books, A Feast of Vultures: The Hidden Business of Democracy in India and The Silent Coup: A History of India’s Deep State.  Josy previously served as the national security editor at The Hindu, special projects editor at The Times of India, and held key roles in many other leading publications.  Josy and Milan discuss the serendipitous encounter in the archives that led to the book’s creation, the heroic behind-the-scenes efforts of V.P. Menon’s States Department, the machinations of India’s princely rulers, and the chaos and uncertainty that followed Indian independence.   Episode notes: 1.        “India’s Hidden Treatise on Statecraft” (with Rahul Sagar), Grand Tamasha, November 2, 2022. 2.        “The Forgotten Origins of Indian Liberalism” (with Rahul Sagar), Grand Tamasha, July 1, 2026. 3.        “The Downfall of India's Princely State” (with John Zubrzycki), Grand Tamasha, November 22, 2023. 4.        “The Forgotten Partitions That Remade South Asia” (with Sam Dalrymple), Grand Tamasha, October 29, 2025.

  5. Sep 2

    The Truth About India’s Jobs Crisis

    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, structural transformation, labor market dynamics and gender economics. She is also a prolific commentator and writes regularly for outlets like Mint, Business Standard, and The Print. She joins Milan on the Season 16 premiere of Grand Tamasha to discuss the economic drivers of the Gen Z protests, the link between unemployment and education, and the futility of the manufacturing versus services debate. Plus, the two discuss the exodus of young people from the agricultural sector, the misleading headlines on female labor force participation, and India’s acute urban housing shortage. Episode notes: Vidya Mahambare and Vivek Yadav, “Indian farms have been losing their workers—at a time they need the youth to improve farming,” Mint, July 20, 2026.  Vidya Mahambare and Vivek Yadav, “Employed women in Uttar Pradesh—what explains such a large increase within a decade?” Mint, July 1, 2026. Vidya Mahambare and Asrar Alam, “Elusive jobs: how AI will demand even greater patience of India’s unemployed youth,” Mint May 11, 2026. Vidya Mahambare and Poonam Munjal, “Are young Indians under or overworked? Both are true but AI may change work hours as we go along,” Mint, April 14, 2026. Vidya Mahambare, “Urbanization pressure: India’s housing policy needs a rethink,” Mint, April 22, 2024. Vidya Mahambare et al., “The employment profile of India’s young adults,” Hindu Business Line, May 5, 2026. At 11:29 in the recording, the guest misspoke when she said: “By 2025, we want to have a 50% of higher education rate in India." She later clarified that she meant to say 2035, not 2025.

  6. Jul 1

    The Forgotten Origins of Indian Liberalism

    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 the season finale of Grand Tamasha. Rahul is Global Network Associate Professor of Political Science at New York University Abu Dhabi and a leading scholar of modern Indian political thought. He previously taught at Princeton University and Yale-NUS College. He is the author or editor of several books, including To Raise a Fallen People and The Progressive Maharaja. Episode notes: 1.        “India’s Hidden Treatise on Statecraft (with Rahul Sagar),” Grand Tamasha, November 1, 2022.  2.        “What Kind of World Power Does India Want to Be (with Rahul Sagar),” Grand Tamasha, June 1, 2022. 3.        Rahul Sagar, Ideas of India, database.

  7. Jun 24

    Whose Constitution Is It Anyway?

    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 history at Yale University and the author of A People’s Constitution: The Everyday Life of Law in the Indian Republic. Ornit is an associate professor of Asian Studies at Haifa University. She is the author of How India Became Democratic: Citizenship and the Making of the Universal Franchise. The trio discuss the serendipitous origins of the book, the authors’ unusual writing process, and the gaps in the conventional account of India’s constitution-making. Plus, the three talk about overlooked constitution-making efforts in the princely states and the forgotten story of Manipur’s democratic experiment. Episode notes: “India’s Hidden Treatise on Statecraft (with Rahul Sagar),” Grand Tamasha, November 2, 2022. Rohit De, A People's Constitution: The Everyday Life of Law in the Indian Republic (Princeton: Princeton University Press, 2018). Ornit Shani, How India Became Democratic: Citizenship and the Making of the Universal Franchise (New York: Cambridge University Press, 2017).  Rohit De and Ornit Shani, “Assembling India’s Constitution: Towards a New History* Open Access,” Past & Present 263, no. 1 (May 2024): 205-248. Video: “How India Became Democratic (with Ornit Shani),” Carnegie Endowment for International Peace, April 25, 2018.

  8. Jun 17

    The Dark Side of the H-1B Dream

    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 of the U.S.-India tech corridor. To talk more about the book, Milan is joined on the show this week by its author, Tanul Thakur. Tanul is an award-winning journalist and film critic. In 2015, he won the National Film Award for Best Film Critic—the youngest critic to receive the honor. Wild Wild East is his first book. Milan and Tanul discuss the latter’s firsthand experience with a “desi consultancy,” the exploitation many H-1B workers endure, and the role U.S. higher education plays in this ecosystem. Plus, the two discuss how Andhra Pradesh and Telangana became the epicenter of H-1B-related fraud and the ways in which the H-1B program can be reformed.  Episode notes: 1.        Aditya Mani Jha, “The human cost of H1-B dream: Review of Tanul Thakur’s Wild Wild East,” Hindu, June 11, 2026. 2.        Tanul Thakur, “‘Heads they won, tails he lost’: How ‘desi consultancies’ prey on Indian grads in America,” NewsLaundry, May 24, 2026.  3.        Anant Gupta, “Indians slam MAGA ‘war’ over H-1B skilled-worker visas as ‘racist,’” Washington Post, January 7, 2025. The audio of this podcast was optimized using Adobe Podcast Enhancer AI. No alterations were made to the substance of the conversation.

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About

Each week, Milan Vaishnav and his guests from around the world break down the latest developments in Indian politics, economics, foreign policy, society, and culture for a global audience. Grand Tamasha is a co-production of the Carnegie Endowment for International Peace and the Hindustan Times.

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