Given the poor literacy and school completion rates in India after more than 50 years of independence, the Common Minimum Programme (CMP) of the new coalition government promises to increase public spending on education from 4.1% of GDP to 6%. […]
Money can\’t teach kids to read & write Read More »
The CMP’s reform agenda may be the whip that breaks the economy’s back. It’s sure to swell the fiscal deficit and send FIIs scurrying for cover. Last year, remittances by NRIs, FDI and FIIs were close to 6% of the
Public debt at 85% of GDP in \’04 Read More »
The CMP’s reform agenda may be the whip that breaks the economy’s back. It’s sure to swell the fiscal deficit and send FIIs scurrying for cover. Last year, remittances by NRIs, FDI and FIIs were close to 6% of the
Public debt at 85% of GDP in \’04 Read More »
The Common Minimum Programme (CMP) of the ruling coalition is being trumpeted as ‘reform with a human face’ but looks suspiciously like ‘populism with a bankrupt face’. If seriously implemented, the CMP could swell the fiscal deficit from 10% of
CMP will lead to nation\’s bankruptcy Read More »
The Common Minimum Programme (CMP) of the ruling coalition is being trumpeted as ‘reform with a human face’ but looks suspiciously like ‘populism with a bankrupt face’. If seriously implemented, the CMP could swell the fiscal deficit from 10% of
CMP will lead to nation\’s bankruptcy Read More »
When a gentleman living beyond his means proposes suddenly to spend a fortune to acquire a human face, those investing in his enterprise will be understandably nervous. No wonder the stock market crashed by 223 points on Friday, wiping out
An expensive face-lift? Read More »
All my life I have fought against the notion that India is a Hindu nation. I stand for a society where all are equal regardless of religion, caste or creed. So I was aghast when Sonia Gandhi declined to become
A secular triumph after all Read More »
The Congress engineered the right alliances in the right places and so won many more seats with fewer votes. The opposite was true of the BJP, argues Many reasons have been given in the media for the poll outcome —
It\’s the alliances, stupid Read More »
The Congress engineered the right alliances in the right places and so won many more seats with fewer votes. The opposite was true of the BJP, argues Many reasons have been given in the media for the poll outcome —
It\’s the alliances, stupid Read More »
You think nobody saw that the BJP might lose the election? Allow me to quote from the \’Swaminomics\’ I wrote in December, after the NDA swept State Assembly polls in Rajasthan, Madhya Pradesh and Chhattisgarh. It took the shape of
A vote against misgovernance Read More »
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