The Economic Times

No Love for Hatemongers

After his electoral sweep in May 2019, many called Narendra Modi the new hegemon of India, à la Indira Gandhi. That balloon has been burst by BJP’s thrashing in the Delhi state election. BJP’s strategy of labelling all dissenters as …

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The Constitution & a Protest

There are implications from Shaheen Bagh beyond critiquing CAA Swaminathan S Anklesaria Aiyar The Constitution is celebrated on Republic Day, January 26. But its celebration began in Shaheen Bagh, New Delhi, on December 15 in protest against police brutality in …

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Join the Great Chain of Being

India must buck up and increase its participation in global value chains The latest World Development Report (WDR; bit.do/fo3VE) of the World Bank focuses on global value chains (GVCs), which have become vital for production and trade. Items once designed, …

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Counting Correctly Counts

Statisticians are not crooks. But their methodologies do need to change Swaminathan S Anklesaria Aiyar The government has junked the 2017-18 National Sample Survey Office (NSSO) consumption survey which, accordingly to a leaked report, showed total consumption declining by 3.7% …

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Truth Be Told and Collected

People lie in surveys. Which is why India needs a new methodology to gather data A leaked National Sample Survey Office (NSSO) survey says India’s consumption fell 3.7% between 2011-12 and 2017-18, rural consumption fell 8.8%, and rural food consumption crashed …

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Do Not Hold Your Breath

Indian exports have grown very little since 2013. No economy in the world has had GDP growth of 7% for a long period — the definition of a miracle economy — without double-digit export growth. Hence, the recent fall in …

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What Dronacharya Wants

India needs to expand its drone strategy, and have a major production programme Last month, Saudi Arabia was hit by an attack on its oilprocessing facilities by drones and cruise missiles, probably made by Iran. The damage was quickly repaired, …

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The Beginning of a Start?

Cutting corporate tax to accelerate growth could be the first step to structural change Bravo, Nirmala Sitharaman. After becoming finance minister and presenting a second-rate Budget, you have seemed a timid tinkerer, making dozens of marginal changes to try and …

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Make America Grate Again

President Donald Trump’s trade wars may turn out to be political suicide Auto sales are falling, workers are being laid off in droves, and manufacturing is in reverse gear. I am not writing about India but about the US. General …

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How Not to Create Jobs

Nitin Gadkari’s proposal to make kulhads at tea stalls mandatory is harmful Nitin Gadkari is one of the best minds in the current Cabinet. Yet, he now seeks to revive an old failed policy. Once, tea in shops was served …

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