Believers in India Shining will be delighted that GDP grow-th in October-December was 10.4 per cent. Even allowing for the artificial boost given by a good monsoon, India seems to be in the fast lane. It’s all thanks to Vajpayee, […]
How the US fuels Shining India Read More »
Finland 1 Singapore 5 UK 11 USA 18 Uruguay 33 China 66 Malawi 83 India 83 Russia 86 Argentina 92 Pakistan 92 Indonesia 122 Haiti 131 Nigeria 132 Bangladesh 133 Source: Transparency International We all know that corruption is bad
Corruption and economic growth Read More »
The US is designating Pakistan as a major non-NATO ally. This has dismayed many Indians, who sneer that the US is irredeemably pro-Pakistan. In fact, we should hope fervently that Pakistan does become a major US ally against Islamic terror.
From non-alignment to alignment Read More »
There is a huge difference between the public interest and what the public is interested in. The Supreme Court needs to make this distinction when giving its verdict on the dispute between Ten Sports and Doordarshan on broadcasting the India-Pakistan
Watching cricket is not your right Read More »
Many ceremonies recently marked the 35th death anniversary of C N Annadurai, first DMK chief minister of Tamil Nadu. He is remembered mainly for ending Congress hegemony and Brahmin supremacy in the state. But today we should see him in
How English survived in India Read More »
Why are some nations rich and some poor? Important lessons come from Haiti, the Caribbean country whose democratically-elected President Aristide fled last week after rioting against his misrule. Haiti is the poorest country in Latin America. But two centuries ago,
Ousting Laloo won\’t cure Bihar Read More »
Why are some nations rich and some poor? Important lessons come from Haiti, the Caribbean country whose democratically-elected President Aristide fled last week after rioting against his misrule. Haiti is the poorest country in Latin America. But two centuries ago,
Ousting Laloo won\’t cure Bihar Read More »
Harvard don Dani Rodrik and IMF economist Arvind Subramanian are writing a revisionist paper on the Indian growth experience over the last two decades. The standard story is that India blundered along the socialist, inward-looking path till 1991. Then came
A second look at the 1980s Read More »
Paranoia, followed by delusions of grandeur. That describes the soap opera that the governments disinvestment programme became last week. Originally, the government hoped to raise Rs 12,000 crore through disinvestment. To maximise prices and improve efficiency, Disinvestment Minister Arun Shourie
Disinvestment as soap opera Read More »
In 1991, many Indians were terrified that globalisation would cost us millions of jobs. Today, American politicians are terrified that millions of their jobs will be outsourced to India . What a compliment to our global success! And what a
The gains from job losses Read More »
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