India Budget 2020: Financial accounts in dire state! Attempts to recovery by fiscal stimulus will not help
Union Budget 2020 India: As and when credit conditions improve, the economy will revive. Attempts to accelerate the recovery by fiscal stimulus when financial accounts are in a dire state will not help.
Is it time for Uddhav Thackerey to go national?
Whatever the current fortunes of the BJP and Shiv Sena, it was the Shiv Sena which succeeded politically in launching Hindutva (with a Marathi angle) as a viable political brand.
Lack of innovation, no credible response: Reasons why socialism failed
Capitalism has marginalised socialism by its capacity for innovation. Socialism as an ideology has to master the new forces of capitalism to fashion a credible response, or perish
Citizenship Act protests: Crack in the hard shell of majority govt?
Granting the Assamese what they want — a cultural definition of citizenship — will incite similar revolts in every linguistic ‘nation’.
CAA protests: Student troubles and political ripples
The urgent need is not to alienate anyone further. The country is perplexed as to why it is urgent to solve the refugee citizenship issue now.
Myanmar has othered Rohingya just because they are Muslims: Meghnad Desai
Suu Kyi, the granddaughter of former Burmese prime minister Aung San, suffered house arrest for many years as she fought the military rulers of Burma, and won the battle for restoration of democracy in the country
Economic slowdown: If a country records slow growth, it has only immediate policy failures to blame
If a country records slow or retarding growth, it has only immediate policy failures to blame, not the deep unchangeable past or religion/culture
In Modi 2.0, there’s a glaring lack of interest in fortunes of the economy
In Maharashtra, however, Sonia Gandhi was happy to play the No. 3 role and waited astutely to secure what she wanted. It could herald the new, modest Congress.
Bold monetary policy key to turning the Indian economy around
The Indian economy has matured beyond the days when the government policy had to move the economy directly... the initiative of growing should be with the private sector
Ayodhya verdict: Now, VHP should say sorry for the destruction of Babri mosque
The Supreme Court bench was aware of the political minefield it was treading. Hence, the unanimity as well as the anonymity, both devices preserving the names of individual justices from appearing in public. But there have be
The last chapter of Brexit
All complications of mature political democracies come together in Brexit, crippling the political system’s ability to make a decision with long-term economic impacts.
Modi govt’s dozen own goals on Jammu and Kashmir
It has been obvious for some time that there is a serious dearth of talent in political personnel below the top two.
To counter India’s economic slowdown, a drastic reconstruction of credit markets needed
In mature phases, the state is also part of the economy. It is also a borrower, and an investor. This way of thinking about policy has not yet become common in India
Indira or Kashmir: Why politicians are so sensitive to what Western world thinks
Historically, Indians have never looked Eastwards. They do not think they are Asians. Sir William Jones discovered in the late Eighteenth century (while he was the judge for East India Company’s Law Courts) that Sanskrit ha
Govt must nudge farmers towards non-farm jobs for higher growth
The govt must nudge small farmers towards better-paying, non-farm jobs, and junk the thinking that prized state-ownership
Corporate tax cut fulfils BJP’s promise but won’t fix slowdown
In the short run, the government must re-examine whether its revenue projections for GST make sense given the many effective cuts in the rates paid either due to consolidation of categories, which is an effective tax rate cu
Fear to tread: No winners in the NRC exercise
Let us look at the numbers at stake. In any such statistical exercise, it is routine to say plus, minus 5%. The number excluded is 5% of the total. Statisticians would dismiss these numbers as random measurement errors.
Vikram and Vikaas: Where will the economy go next?
Economic data are subject to large measurement errors. So, 5% is really somewhere between 4% and 6%. Those who fancy they are driving the economy have fuzzy, steamed-up front-view, but even their rear-view mirror is hazy.
Kashmir: No longer a bilateral issue, but a global concern
After 1989, when the Taliban and related Islamist terror organisations poured in from across the border, J&K was ethnically cleansed of Pandits as New Delhi watched.
Indian economy: Growth and cycles
Concurring with the view that the economic slowdown was cyclical, the recent Reserve Bank of India analysis called the three-quarter slide a down phase, but not a trend reversal
Mohan Bhagwat’s reservation poser needs a debate
Bhagwat wishes all reservations would wither away and Hindus could be a single people.
Economic slowdown: Back to Hindu rate of growth?
The ideological core of the BJP cares nothing about economics. It wants to build a Hindu Rashtra and along that path, they have marked goals such as Ram Mandir, Gau Raksha, Hinduisation of the education curriculum, putting Hi
Lok Sabha election results have established BJP as party of the 21st century
The Modi-Shah team obtained a two-thirds majority in the Rajya Sabha and a better than 5:1 majority in the Lok Sabha, which would suffice for a constitutional amendment.
Brexit and Boris Johnson: How to create a crisis to solve another
The real danger of Brexit is uncertainty. Is Boris Johnson bluffing just to make the EU give him a better deal or is he serious?
Air India, PSU banks, any enterprise wasting public money should be sold off
With the mandate Modi has received, he must deliver on his promise of cutting govt presence in business. Air India, PSU banks, hotels—any enterprise wasting taxpayer money should be sold off.
Budget 2019: Nirmala Sitharaman’s focus was on long-run developmental goals, not short-run political gains
Union Budget 2019: The Budget was for the long term and concerned with growth. Issues of water, energy, and environment (e-vehicles) were put in the front.
Budget blues: Why govt isn’t the sole determinant of economic growth
Budget 2019-20: Indian politicians and economic commentators put too much faith in the idea that the government is the sole determinant of growth or stagnation.
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Budget 2020
- Budget 2020: What FM Sitharaman can do for health, life and motor insurance
- Budget 2020: Foreign banks seek tax parity with Indian peers
- Budget 2020 wish list: Capital markets look to FM for tax sops
- Budget 2020: Why FM Sitharaman should prioritise infrastructure spending
- Budget 2020: What can be in it for the healthcare sector?
- Budget 2020: Life insurance sector expects higher 80C limit, additional tax deduction for pension plans
- Budget 2020: Foreigners dump bonds fearing widening budget deficit
- Budget 2020: Amid slowdown, govt to unveil plan of action on economy in budget; check details
- Budget 2020: Investors want Modi government to remove long-term capital gains tax
- Budget 2020: Boost for digital economy, further tax relief on fintech industry's wish list for FM Sitharaman
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