I wrote last week about how the World Trade Organisation\’s rules have helped, Indian basmati rice exports to increase by hundreds of millions of dollars, and gain protection for it from foreign imitation. This protection is based not on the …
Indian basmati rice has gained hundreds of millions of dollars from intellectual property rights (IPRs) bestowed on it by the much-maligned WTO agreement. This is little known since the eco-jingoists dominating the debate in India have consistently spread disinformation that …
India’s greatest comparative advantage lies not in manufacturing but in services, says Swaminathan S Aiyar India\’s future lies in services, much more than industry. Most people in India almost automatically equate business with manufacturing. This is plain wrong. The share …
I showed in this column last week how simple explanations for the Asian currency crisis (like going too fast or liberalising too much) were wrong, and how the lessons from each country were different. The one factor common to all …
What lessons should India draw from the Asian currency crisis? Many layfolk believe the tiger economies made the mistake of going too fast, and India should desist from doing so. Prime Minister Inder Gujral has expressed this view more than …
The urban educated Indian’s love for the nuclear option is morbid and repudiates the Gandhian heritage, says Swaminathan S Aiyar. In Hiroshima, even the birds seem to fall silent at the A-bomb memorial, built at the site of the nuclear …
What does Atal Behari Vajpayee have in common with Bill Clinton and Tony Blair? He, like them, is trying to gain power by stealing the electoral planks of his opponents. I welcome the burglary. Such theft is excellent for society. …
All opinion polls put the BJP well in front, within reach of power. So, many opportunists are stampeding to climb onto the BJP bandwagon, not just politicians but generals, business and intellectuals (like the highly mobile Prof MGK Menon). I …
Many lessons can be drawn from the events of 1997. One of the saddest is that crooks who function in the dark get away scot free, while people attempting to be transparent are jumped on the harassed. I had originally …
India will soon submit its suggestion to the World Trade Organisation (WTO) for a competition policy encompassing trade-related matters. Yet India has no competition policy for internal purposes. Why ensure competition where foreigners are concerned, but not for ourselves? Hypocrisy …
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