I am used to abuse from BJP trolls. But they seemed especially abusive when I wrote last week that the new Ram temple being launched at Ayodhya would eventually turn out to be a minor event with few political consequences. …
The bhoomi pujan for the new Ram temple at Ayodhya has hogged the headlines and has been called a historical event by both Hindutva stalwarts and bitter Hindutva critics, with one group cheering and the other groaning about the transition …
US secretary of state Mike Pompeo says a new Cold War has already begun with China seeking global hegemony that must be combated by a combined front of democracies. Sadly, President Trump has wrecked trade and political relations with Europe, …
‘Saare jahan se achha’ is a better economic mantra Read More »
“Never waste a crisis” is an old adage. The Covid crisis is a good time to enact painful reforms. Some reforms like the suspension of labour laws for three years by some states have caught the headlines, and been criticised, …
Higher fuel taxes, fewer subsidies are good policy Read More »
India’s ban on Chinese apps sends out the right signal. But a longer, ‘wider’-term strategy is needed Right & Wrong China Sanctions While opinions differ on why exactly China has intruded into Ladakh, India must stand up to Chinese aggression. …
Former Chief Economic Advisor Arvind Subramanian said India had moved from socialism with limited entry (for firms) to capitalism without exit. Alas, capitalism without exit is zombieland, full of companies neither dead nor alive. The problem has been intensified by …
After 20 Indian soldiers were killed by the Chinese in a border clash, there are jingoistic screams in the media. Critics want to delink India economically from China and boycott Chinese goods. Others want to teach China a military lesson, …
Why Modi must not repeat Nehru’s mistakes on China Read More »
By Indian standards, the atrocity was hardly worth a raised eyebrow. In the US, George Floyd, a black man accused of using counterfeit currency, was killed when a white policeman knelt on his neck for nine minutes despite the victim …
#DalitLivesMatter: Why we don’t care about this hashtag Read More »
Already in a mega-recession, India needs a venture capitalist of last resort The government is focused on saving companies from Covid-induced death. The Reserve Bank of India (RBI) has acted swiftly as lender of last resort. It has mandated loan …
In Prime Minister Narendra Modi’s Rs 20-trillion package, power reforms are the most urgent. Electricity prices have long been political prices unrelated to costs, efficiency or morality. For decades, chief ministers took kickbacks on power contracts and forced state electricity …
Modi has political capital to reform the power sector Read More »
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