The Economic Times

50% profit for all crops through MSP is economic and political folly The Budget guarantees a wide range of crops a profit of 50% over the cost of purchased inputs and imputed labour through minimum support prices (MSP). Many think […]

With the global economy upbeat, the PM enters poll season on a rising tide When asked to promote a general with many qualifications, Napoleon Bonaparte asked, “Is he lucky?” While merit and hard work matter a lot, luck can make

Education happens to be the greatest creator and leveller of wealth Wealth is more than real estate and financial assets. It is education, above all. The good news: the educational gap between the poor and rich is closing rapidly, levelling

Post-Gujarat, PM Modi will opt for incrementalism and populism in his final year The BJP’s sixth successive victory in the Gujarat election has been called a ‘semifinal’, a prelude to the general election in 2019. What does the victory portend

The Hadiya verdict negates several freedoms, including to marry a terrorist Inthe ‘love jihad’ case involving the conversion of a Hindu girl to Islam, the Supreme Court should not just rescind the judgement of the Kerala High Court, but slam

The 1917 Russian Revolution carried the seeds of its system\’s collapse in 1991 The 1917 Russian Revolution seemed epochal for most of the 20th century , before ending in tragi-farce in the Soviet collapse of 1991. Today\’s youngsters cannot imagine

Don\’t phase elections over weeks. Hold simultaneous polls on one day The Election Commission (EC) is one of the most respected institutions in India. Its impartiality is essential to ensure that democra cy is free and fair, and this has

How Thomas Piketty\’s selective use of tax data exaggerates India\’s inequalities My last Swaminomics column (`Fantastically Rising Inequality? Piketty Has Got It Wrong\’, TOI, goo.gl8X7GpB) addressed the claim of Lucas Chancel and Thomas Piketty , guru of inequality , that

Most of the ousted tribals are flourishing and loving it, thank you, activists Aretribals fundamentally dif ferent? Do they need protec tion from modernisation? Some activists say econom ic development and modernisation are disastrous for tribals.Many tribals, simple and heart-warming,

Ten years on, the lessons of the Great Recession fade The 10th anniversary of the Great Recession, a.k.a. the Great Financial Crisis of 2007-08, has inspired a spate of comments across the globe. Almost without exception, they warn that the