It\’s often said that all politics is local. Voters in eastern Uttar Pradesh may not vote like those in other parts of this giant state. Yet a trip through eastern UP suggests such strong support for the BJP that it […]
Blowing in the wind: A Modi victory in UP Read More »
Tepid economic growth tarnishes Akhilesh Yadav\’s chances in Uttar Pradesh A million words have already been written analysing the coming state election in Ut tar Pradesh. Most analyses have been based on personal visits, interviews, anecdotes and caste arithmetic. This
Boom & Not-So-Boom Cycle Read More »
Around 13 million people enter the job market every year. Few find jobs that they want. Narendra Modi came to power promising jobs aplenty through his Make in India campaign. Alas, Labour Bureau data reveals very limited job creation. However,
Drive in India\’ can generate more jobs than `Make in India\’ Read More »
Around 13 million people enter the job market every year. Few find jobs that they want. Narendra Modi came to power promising jobs aplenty through his Make in India campaign. Alas, Labour Bureau data reveals very limited job creation. However,
Drive in India\’ can generate more jobs than `Make in India\’ Read More »
Brexit and Donald Trump\’s election as US president signify deep structural issues that cannot be resolved by curbs on migrants, imports or any quick fix. The ele phant in the room is falling Western productivity .This means slower growth, which
Global headwinds will drag us down to 6-7% GDP growth Read More »
A flourishing unified domestic market calls for amending restrictive laws In 1947, many foreigners expect ed India to break up into frag ments. Cleavages of language, region and religion seemed en ough to doom unity . India\’s greatest achievement -owing
Single and Successful Read More »
If banks are the heart of an economy , India has a hole in the heart. Up to 20% of public sector bank loans are impaired. Chief economic advisor Arvind Subramanian says India is being held back by a “twin
Vendettas enlarge the hole in India\’s economic heart Read More »
If banks are the heart of an economy , India has a hole in the heart. Up to 20% of public sector bank loans are impaired. Chief economic advisor Arvind Subramanian says India is being held back by a “twin
Vendettas enlarge the hole in India\’s economic heart Read More »
On TV , I rated the budget at just 5.5 out of 10, even though the Sensex zoomed 486 points. It zoomed not for what was in the budget–like higher capital and rural spending -as what was not. It did
SWAMINOMICS – Broken pledges, lost chances spoil budget Read More »
Last week, the International Monetary Fund estimated that India\’s GDP in 2016-17 would be 1% less than earlier expected, thanks to the disruptions to demand and supply caused by demon etization (henceforth DM). This was double the earlier estimate of
SWAMINOMICS – Trump\’s no ally of India, handle him with care Read More »
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