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day, Shishupal started abusing Krishna in the court, which was filled with all the dignitaries of that era. Lord Krishna kept smiling and dissuaded Shishupal to not cross the 100-mark. However he chose to ignore and, on the 101st mistake, was killed by Krishna’s Sudarshana Chakra.
There is a more enlightened policy that the AAP could chose to implement, if it were not besotted by its own image and political success. The first goal of any subsidy has to be the upliftment of the poor. Water delivery allows policymakers for near perfect—actually perfect—targeting. Arvind Kejriwal and Yogendra Yadav can know with precision who has a water connection and who does not. About 20% of Delhi households, around 7 lakh, do not have any piped water connection. The top-60% of households should pay a higher rate for the water consumed in order to finance the water consumption of the bottom-40%. Unfortunately for Delhi's poor and disadvantaged, the recommended capitalist policy will not be followed by AAP because it is not in the name of the poor, and definitely not socialist.
The author is chairman, Oxus Investments, an emerging market advisory firm, and a senior advisor to Zyfin, a leading financial information company. Twitter: @surjitbhalla