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 »
RBI governor Raghuram Rajan has lambasted crony capitalism. Other critics say economic liberalization has enriched only cronies through monopoly profits from political allocations of land, minerals and spectrum. Now big corruption is rampant. But I distinguish between crony capitalism and
Corruption? Protection rackets more than crony Read More »
During the general election, I was among journalists that visited Varanasi, Narendra Modi’s constituency. In the evening we went down to the famous Dashashwamedha Ghat, winding our way through crowded bazaars full of beggars, sadhus, religious offerings and mementos. Most
Will Modi grab the idea of Kashi dwip? Read More »
Even if a Budget lacks any wow factor, as in Arun Jaitley\’s maiden effort, this hardly matters provided the government acts on the other 364 days of the year. The media are full of speculation of significant reforms on many
Finance Minister Arun Jaitley\’s first budget should spell out his vision for the next five years, downplaying projections for the coming year. This vision must include a tough budget this year and another tough one next year, pruning populist excesses
Budget 2014: FM Arun Jaitley must act tough for 2 years, bring long-term change Read More »
Narendra Modi’s fans expect him to extend his Gujarat model of development to all India. They think Modi’s “tough love” will lead to hard decisions that hurt immediately, but later yield handsome dividends. They believe Modi will, as promised in
Sher ki soorat, khargosh ka kaleja Read More »
Dear Prakash Javadekar, Your first instincts as Information and Broadcasting minister seem sound. You say you are willing “philosophically and ideologically“ to work towards abolition of the I&B Ministry, which has no place in a democracy with a free media.
Free the media, abolish the I&B ministry Read More »
Most of us are still struggling to grasp the dimensions of Narendra Modi’s victory. He won a mind-boggling 71 of Uttar Pradesh’s 80 seats. So he won far more seats in UP than the Congress party did in all India.
How migrant labourers worked in Modi’s favour Read More »
Exit polls suggest an absolute majority for the BJP-led National Democratic Alliance (NDA). If so, India will have a strong Modi-led government, free from fickle allies. What will be the outcome for Indian politics, the economy and markets? No party
What a strong Modi govt implies for markets & economy Read More »
ET Now caught up with its Consulting Editor Swaminathan Aiyar for his take on the current political scenario and the possible election outcome. Excerpts: ET Now: You are just back from your election yatra. You have travelled across eastern UP
Strong pro-Modi sentiment in eastern UP, central Bihar Read More »
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