Viagra Online

A beef-eating Hindu demands his rights

As a beef-eating Hindu, I am utterly outraged at the killing of Mohammed Akhlaq in Dadri by a Hindu mob claiming the man had beef in his house. Even worse is the attempt of BJP politicians to sanitize the lynching. Culture minister Mahesh Sharma claims it was just “an accident.” Former MLA Nawab Singh Nagar More >

G20 should consider a new, more fair intellectual property rights regime

Cynics say that G20 meetings are a complete waste of time. The G20 was created for a coordinated fiscal and monetary push out of the Great Recession of 2008-10. Since then, it seems to have lost its rationale. Arvind Panagariya, India’s Sherpa for the next G20 summit, seeks new ideas that India can take up More >

Reclaim land for industry from rivers, reservoirs

Last week, I wrote of the huge potential for creating fresh land by reclaiming it from the sea, instead of dispossessing farmers to build future industries and airports. India has a very long coastline, with large mud flats (especially in Gujarat and Tamil Nadu) that can be reclaimed cheaply. One reader objected that most of More >

Create land offshore instead of acquiring it

The land acquisition issue has been brushed under the carpet for the time being. Yet officials in the department of industrial promotion and policy say that the land banks available with many state governments are getting exhausted. A JP Morgan study of the biggest 100 projects suggests that 43% have land problems. So, if the More >

Don’t be afraid of US raising interest rates

World Bank’s chief economist Kaushik Basu wants the US Fed to postpone raising US interest rates, fearing “panic and turmoil” in emerging markets like India. Alas, this mistakes dither and indecision for good policy. For years, the Fed has kept interest rates close to zero. This is utterly unnatural. It has been justified as a More >

China’s market crash presages coming political crisis

A financial typhoon from China has sunk stock and commodity markets across the globe. This is neither temporary nor just economic. It represents an existentialist political crisis for the Communist Party of China. Till now, the party has combined authoritarian politics with steady but limited economic reform to produce the fastest GDP growth in history. More >

Are achhe din over for markets? Only time will tell

Is the market crash just the beginning of a global recession? Maybe. Is the market crash just a temporary blip, providing a great buying opportunity, as during the ‘taper tantrum’ of August 2013? Maybe. Both pessimists and optimists can make a case. Ruchir Sharma of Morgan Stanley has long predicted a Chinese crash arising out More >

Land issue: How Modi can go on the offensive

The government believes it has found a roundabout solution to the land acquisition imbroglio. One investment bank estimates that acquisition problems affect over 40% of major stalled projects, though they are not always the binding constraint. The 2013 Act on acquisition provided for the consent of 70-80% of affected persons plus a social impact assessment. More >

Competitive devaluations will be a race to the bottom, triggering real recession

Ruchir Sharma of Morgan Stanley has warned of a global recession, driven by collapsing growth in China. World growth is dropping well below IMF predictions, with emerging markets performing especially badly. Currency after currency is falling against the dollar. The Brazilian real is down over 23% since the start of the year. The Russian rouble More >

Mr Modi, don’t let Bihar distract you from ruling India

Dear Narendra Modi, The coming Bihar state election has made you lose your once-clear sense of direction and conviction. You seem terrified of doing anything that may antagonize vote banks, or draw charges of corruption or pro-business sympathies. You seem indecisive and defensive, not tough and decisive as in your successful 2014 campaign. Cynics already More >

Naidu proves land pooling is better than land acquisition

The Modi government has abandoned its move to drastically dilute the clauses of the 2013 land acquisition law that has stalled projects across India. Economic analyses suggest that 43% of all stalled projects face land acquisition problems. This may not be the only constraint: such projects are also constrained by lack of profitability and difficulties More >

Why Land Acquisition Bill reveals PM Modi as indecisive, happier retreating than an authoritarian

Forgot the mythology that Narendra Modi is an authoritarian set to impose dictatorship on India by other means. The land acquisition fiasco reveals him as frightened and indecisive, happier retreating than fighting to the finish. This is not an isolated example: he has repeatedly given priority to tactics over strategy, to political convenience over conviction. More >

Do not kill terrorists, take them alive

Who were the militants who attacked the Dinanagar police station in Gurdaspur district? What were their aims and ideology? How many of their comrades are waiting for another chance to attack? How much help are they getting from the Pakistani authorities, and what other sources of support and finance do they enjoy? India needs the More >

Ten years of N-deal: Glass is just half full

The 10th anniversary of the Bush-Manmohan Singh nuclear deal has been a low-key affair. Obama and Narendra Modi did not rejoice from the rooftops. The respective ambassadors of the two countries wrote a joint op-ed hailing the improvement in bilateral ties. Ashley Tellis of the Carnegie Endowment declared with enthusiasm, “What a deal!” Yes, the More >

RK Pachauri needs to go

As a feminist, I am dismayed that the Delhi High Court has allowed RK Pachauri, accused of molestation and harassment by several women at The Energy and Resources Institute (Teri), to visit all but two offices of the organisation. Pachauri has been the long-time head of Teri, but the sex scandal obliged him to go More >