India has transitioned to a Unified Pension Scheme, preserving the New Pension System’s core aspects and ensuring a minimum pension of 50% of the last-drawn salary. This shift counters the Congress party’s advocacy for the Old Pension System and reflects […]
UPS not a retreat from NPS but a step forward Read More »
Synopsis India needs to embark on a massive training programme to develop the brainpower needed for an AI revolution. The US will need an additional 1 mn workers in STEM in 2030 than it did in 2020. Hence, corporations are
AI will, in due course, destroy jobs, but it will also create new ones Read More »
Once viewed as a basket case, Bangladesh has created a world-class ready-made garments (RMG) industry that now exports more than India. But its miracle story is ending. For years, Bangladesh’s economy has been held up as a model for India.
The rise and fall of Bangladesh’s economy, and the lessons in it Read More »
Bollywood films have long been a barometer of society. When the Khan trinity– Salman, Aamir and Shah Rukh Khan–suffered box office setbacks is it that audiences have rejected them because of ideological reasons or is it just bad scripting? Scripting
Khan and able: How Bollywood restored our faith in secularism Read More »
Synopsis In this column, let me highlight one danger signal most others have ignored. This is the sharp fall in commodity prices in recent months, something that often, though not always, precedes a recession. It certainly indicates falling demand and
Commodity prices a clue Read More »
Soon after Independence, Jawaharlal Nehru came up with an economic strategy that he felt corrected the mistakes made under British rule. He got a lot wrong This piece was first carried in the Times of India on September 29, 1996.
What Nehru got wrong about India’s economy after Independence Read More »
Once viewed as a basket case, Bangladesh has created a world-class ready-made garments (RMG) industry that now exports more than India. But its miracle story is ending. For years, Bangladesh’s economy has been held up as a model for India.
The rise and fall of Bangladesh’s economy, and the lessons in it Read More »
Let the govt declare the precise limits of its security yard, and erect high fences there. Let all else be open to the world, including China American ‘high fence, small yard’ approach could be a model for India This year’s
Making a case for attracting Chinese FDI Read More »
Synopsis Radical changes are unavoidable for a bankrupt country, as India was in 1991. But not for a country averaging 6.5-7.0% GDP ‘miracle’ growth for two decades, through serious crises like the Great Recession and Covid. When you are faring
The Budget deserves praise for good fiscal management, avoidance of freebies, high capex, and stability in medium term-policies but may not be the panacea for unemployment that the youth are looking for. “How many additional people will you hire as
Jobs ahoy? New incentives are clever politics Read More »
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