The Economic Times

Second coming of Jawaharlal Nehru

For decades, I have been among the most scathing critics of Nehruvian socialism, which  deformed our intellectual and economic development for four decades after independence. Initially, this criticism was regarded as blasphemy. Today, it has become close to conventional wisdom. …

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Import power from the Gulf

Three years ago, I suggested in these columns that India should import electricity rather than gas from the Gulf. The logic of that has strengthened with the rise in oil prices, and technological improvements in undersea power cables. The petroleum …

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A return to food mountains?

The new conventional wisdom, after the general election, is that we must do more for agriculture. Politicians are determined to increase public investment in agriculture. Agricultural credit is to rise by a whopping 30% this year. Power tariffs have been …

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It\’s the states, stupid

There is a huge but false assumption underlying much of the debate on the election result and its policy implications. The NDA lost, analysts theorise, because it neglected agriculture, or rural employment, or rural poverty. These armchair conclusions are contradicted …

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It\’s the states, stupid

There is a huge but false assumption underlying much of the debate on the election result and its policy implications. The NDA lost, analysts theorise, because it neglected agriculture, or rural employment, or rural poverty. These armchair conclusions are contradicted …

It\’s the states, stupid Read More »

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