Denationalize coal. Auction all future coal blocks. Allow all winners to produce associated gas (methane) as well as coal. These should be the key features of a new coal policy, following the Supreme Court’s striking down of 214 coal block […]
Denationalize coal, produce gas along with it Read More »
WASHINGTON DC: Prime Minister Narendra Modi\’s US visit is a damage repair job, not a triumphal clinching of a strategic relationship. Indo-US relations resemble a broken-down car covered with dust. Modi must do more than wipe off the dust. He
WASHINGTON DC: Prime Minister Narendra Modi\’s US visit is a damage repair job, not a triumphal clinching of a strategic relationship. Indo-US relations resemble a broken-down car covered with dust. Modi must do more than wipe off the dust. He
Narendra Modi came to power by promising fast economic growth to create millions of jobs. So, it’s mysterious that he has spent so much time on foreign visits and receiving foreign dignitaries like Chinese president Xi Jinping. Foreign relations matter,
If Indians aren’t investing here, will foreigners? Read More »
Media analyses of the Kelkar Committee on reducing import dependency in oil and gas have focused on the committee\’s suggestions on gas pricing. But it has also proposed new models for exploration and production contracts to reduce disputes and corruption,
A Kelkar Committee model could be the best option for oil and gas pricing Read More »
The Kelkar Committee has produced a road map for a market-determined price for natural gas. Inter-generational equity, it says, requires non-renewable resources like gas to be sold to the highest bidder. A lower price deprives future generations of their full
Sell gas at top prices like coal blocks, spectrum Read More »
When a general with excellent credentials was recommended for promotion, Napoleon asked “But is he lucky?“ In politics, as in war, luck counts for a lot. Narendra Modi today is riding a wave of good luck. GDP growth in the
Modi’s been lucky; now make it sustainable Read More »
Is Narendra Modi\’s new Pradhan Mantri Jan Dhan Yojana — providing two bank accounts each to 75 million poor families, an overdraft of Rs 5,000, accident insurance cover of Rs 1 lakh and a life cover of Rs 30,000 —
Jan Dhan Yojana has all the characteristics of those bad old loan melas Read More »
When the demolition of the Babri Masjid was threatened in 1991, Parliament en acted a law prohibiting the conversion of any place of worship of one religion into that of another, the only exception being the Babri Masjid itself. Back
Stop new Babri movement against churches Read More »
The most heartwarming book of 2014 is Defying the Odds, by Devesh Kapur, Shyam Babu and Chandrabhan Prasad. It tells the stories of 21 dalits who rose from humble origins to become millionaire tycoons. India has long been a land
Adam Smith vs Manu: Look who’s winning Read More »
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