RBI Governor D Subbarao has recently expressed dismay that data on prices and industrial production are simply not reliable enough to form a good basis for policy. The inflation rate is frequently revised upward by as much as 100 basis […]
India\’s statistical system should be improved to form a good basis for policy Read More »
RBI Governor D Subbarao has recently expressed dismay that data on prices and industrial production are simply not reliable enough to form a good basis for policy. The inflation rate is frequently revised upward by as much as 100 basis
India\’s statistical system should be improved to form a good basis for policy Read More »
Dear Justices Nijjar and Reddy, Many of us welcome your decision in the Supreme Court case on black money, castigating the government for its inaction and setting up an independent special investigative team. This approach needs to be institutionalized: i
Neo-illiberalism is India’s bane Read More »
At last a pernicious nationalization is going to be partly rectified. A new mining bill has just been cleared by a group of ministers, mandating the sharing of 26% of mining profits with the local population in the case of
Mining royalty gives tribals a better deal Read More »
The latest employment data show that worker participation (the ratio of workers to population ) fell to just 39.2% in 2009-10 from 42% in 2004-05. This implies that only two million new jobs were created in five years. Leftists are
Where are all the women workers? Read More »
Twenty years ago, Narasimha Rao became Prime Minister and initiated economic reforms that transformed India. The Congress party doesn’t want to remember him: it is based entirely on loyalty to the Gandhi family, and Rao was not a family member.
Unsung hero of the India story Read More »
Twenty years ago, on June 21, 1991, Narasimha Rao became head of a weak minority government grappling with a terrible financial crisis. Yet he initiated economic reforms that eventually transformed India, and even the world. India in 1991 was a
20 years to an economic miracle Read More »
Baba Ramdev’s financial naiveté is only to be expected. But i am astonished that the media endlessly repeats the myth that enormous hoards of black money are lying in Swiss banks. Only financial illiterates will leave their money in Swiss
Our black money is here, not in Switzerland Read More »
We Indians have done a thousand lousy things. But near the top of the list is the hounding out of Maqbool Fida Husain, our greatest painter, who died abroad last week, aged 95. This was not an isolated incident: author
Attack on artistic freedom is our shame Read More »
In a recent column in The Times of India, I showed that Indian business was not a small cozy club of crony capitalists: newcomers kept getting into the top 30 with surprising regularity. Of the 30 companies in the Bombay
Competition: Newcomers keep penetrating BSE\’s top 30 Read More »
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