Bailout to banks is not going to cure bad behaviour
The government is rescuing bust public sector banks with Rs 135,000 crore of recapitalisation bonds as part of a Rs
Read more
Much Too Much of a Stretch
Don’t phase elections over weeks. Hold simultaneous polls on one day The Election Commission (EC) is one of the most
Read more
5 ways to combat pessimism about the hunger index
Dear Narendra Modi, You protested recently that some people sleep well only after spreading pessimism all round. Rahul Gandhi responded
Read more
A Purple Passage to India
How Thomas Piketty’s selective use of tax data exaggerates India’s inequalities My last Swaminomics column (`Fantastically Rising Inequality? Piketty Has
Read more
Fantastically rising inequality? Piketty has got it wrong
Inequality is measured by the Gini coefficient, ranging from zero for total equality to 1 for total inequality. Consumption surveys
Read more
Dear FM, Yashwant Sinha is wrong so don’t be tempted by a fiscal quick-fix
New Delhi has been abuzz with talk of a big fiscal spending package of maybe Rs 40,000 crore to `kick-start’
Read more
New exit policy where defaulting industrialists go, workers stay is welcome
Till now, the business phrase “exit policy“ meant the exit of workers, to allow owners to survive and flourish. Now,
Read more
Members of the Same Tribe
Most of the ousted tribals are flourishing and loving it, thank you, activists Aretribals fundamentally dif ferent? Do they need
Read more
Why many tribals don’t mind being ousted by dams
Millions of words have been written on the woes of people forcibly displaced by dams, of whom tribal oustees (who
Read more