Synopsis With BJP’s preference for stability post-election and global acclaim for past performance, major shifts are unlikely to happen in this budget. Focus would remain on fiscal discipline despite regional challenges and demands from NDA allies. Expect nominal adjustments in […]
Modi’s high-income India vision faces challenges from the dismal state of education, particularly in rural areas New Models: Instead of crumbling govt schools like this one in Patna, we need a few Shandaar Kendras, centres of excellence to create a
No Viksit Bharat without overhaul of education Read More »
Opposition has now doubled its strength, NDA allies who felt humiliated earlier will be far more assertive this time, and Modi will have to venture into uncharted territory and play a new role as negotiator How fabulous is democracy! How
Ab ki baar, soch vichar: Why BJP needs to introspect, adjust – Copy Read More »
What will a second Trump term mean for India? The man is so impulsive and unpredictable that nobody can be certain what he will do. But he has spoken of radical changes that would impact not just the US but
A Trump second term not good for India, or the world Read More »
A zillion criticisms of capitalism have come from the Left. But an increasing number are now coming from the Right. They come out with a ringing cry, ‘Joseph Schumpeter, where are you? We need you.’ Schumpeterians long for the churn of
Capitalism hasn’t failed — we’ve actually greatly benefited from freer market Read More »
Will India emulate East Asia’s export-driven success or follow Latin America’s crony capitalism pitfalls in its pursuit of economic dominance? Last week, this column described how the govt’s atmanirbhar policy was evolving into an Indian version of the Korean chaebol,
Atmanirbhar with a twist: India’s different from Korea, Latin nations – Times of India Read More »
The government seems to be creating Indian versions of the highly successful Japanese zaibatsu and Korean chaebol. But mere state support cannot turn companies into successful national champions. Companies need to have skills and capital to build giant conglomerates in
For world-class firms, is India going Korea way? Read More »
Top economists agree that India faces a chronic under-supply of government-supplied public goods. These include basic education, health, nutrition and infrastructure. Their supply is hamstrung by, among other things, grossly insufficient decentralisation of power to cities and villages; lack of quality administrative services and domain
In search of ‘decent work’ Read More »
Synopsis The recent election results in India have shown a decline in BJP’s performance, challenging Narendra Modi’s authority. The BJP fell short of expectations, signaling a shift in the country’s political landscape. Hurrah for democracy! Rarely has an election ended with
Lok Sabha elections results: A win by any margin is just as sweet Read More »
The unanticipated rise of Global Capability Centres (GCCs) have made India a global hub for brainpower with no hoopla but to stunning effect earning both revenue and providing the world with STEM graduates. This has put paid to talk that
This brainpower flex is India’s best kept secret Read More »
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