Will this interim budget really be a bore? After all, this is an election year. But the BJP is so certain of winning that it has no need to look to the interim budget for votes. Sitharaman will doubtless talk […]
Feb budget may have rhetoric, but not sops Read More »
The notion of India as a Vishwaguru sounds like a bad joke in the West. In the run‐up to the Group of 20 summit this weekend in New Delhi, billboards and bus stops in every Indian city are plastered with images of
India’s Modi Is Not the World’s Guru Read More »
GDP, personal income stagnated during historical era of Hindu rule. India’s ruling Bhartiya Janata Party has long garnished its Hindu nationalist agenda with the claim that its homeland was the world’s richest region during a glorious millennium of historical Hindu rule.
India’s Golden Era Does Not Lie in the Past. It Has Just Begun Read More »
Indian Prime Minister Narendra Modi is in the United States for a state visit that is expected to highlight India’s importance as a rising economic and military power, and the only country in Asia that can be a counter to China in the
Modi’s India Is Better in Economics than History Read More »
India is no longer a poor country. With a per capita income of $2,600, it is now a lower middle income country. Even so, many readers will be astonished by an IMF working paper suggesting that less than one percent of Indians are
Rapid Economic Growth Is the Best Poverty Alleviator Read More »
India’s ruling Bhartiya Janata Party (BJP) has just arrested a leading Opposition stalwart, Manish Sisodhia of the Aam Ami Party (AAP), Deputy Chief Minister of Delhi state, in an alleged liquor licences scam. The arrest smacks of vendetta more than a moral crusade.
A Vendetta Parading as a Moral Crusade Read More »
If you are a Muslim in India participating in a student agitation, you can be locked up for years without being convicted. Sharjeel Imam and seven other students were arrested in 2019 under anti‐terrorism laws for supposed violence in an agitation against
A Human Rights Victory in India, but with Great Difficulty Read More »
The Indian government has banned a BBC documentary series, India: The Modi Question, blocking it on Youtube and other digital outlets. The official reason—that it “undermines the sovereignty and integrity of India” and could affect public order and India’s relations with foreign
Is Bangladesh, the latest applicant for an IMF loan (likely to be $4.5 billion) going the same way as Sri Lanka and Pakistan? No, the other two went to the IMF after emptying their coffers whereas Bangladesh is seeking precautionary
Bangladesh’s Stitch in Time Saves Nine Read More »
Even as many developing countries conserve their foreign exchange reserves to guard against a nasty worsening of the economic environment, the Reserve Bank of India—the country’s central bank—has sold more than $40 billion from its reserves in the last nine months
India Must Not Artificially Prop Up the Rupee Read More »
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