At a massive Delhi rally, Bihar chief minister Nitish Kumar boasted of the state\’s major achievements after he assumed power, and proclaimed a Bihar model of development for others to follow. If we view development as a sort of Olympics, […]
Bihar: Champion athlete does not need steroids Read More »
Bihar, Odisha, Chhattisgarh and Madhya Pradesh, once derisively called Bimaru states, have suddenly started growing much faster than the national average. They have followed widely divergent paths to success, which need elucidation. In 2011-12, national GDP growth was 6.21%. But
Lessons in good governance from former \’Bimaru\’ states Bihar, Odisha and Chhattisgarh Read More »
Bihar, Odisha, Chhattisgarh and Madhya Pradesh, once derisively called Bimaru states, have suddenly started growing much faster than the national average. They have followed widely divergent paths to success, which need elucidation. In 2011-12, national GDP growth was 6.21%. But
Lessons in good governance from former \’Bimaru\’ states Bihar, Odisha and Chhattisgarh Read More »
Massive imports of oil and natural gas have exacerbated India’s big trade deficit, which is a hurdle to the acceleration of economic growth. Light at the end of the tunnel comes from a technological breakthrough last week by JOGMEC (Japan
Fire from ice: A promising new energy source Read More »
Dear Rahul Gandhi, You hit the headlines last week by saying you are disinclined to marry and have kids because then \”I will become a status quoist and will become concerned about bequeathing my position to my children.\” Second, you
The status quo prince doth protest too much Read More »
\”Can\’t buy me love,\” sang the Beatles. \”Can\’t buy me an election\” is the theme of this year\’s budget. Finance ministers usually produce freebies, subsidies and waivers in their last budget before an election. Such attempts to buy votes have
Can\’t buy me an election with budget freebies Read More »
\”Can\’t buy me love,\” sang the Beatles. \”Can\’t buy me an election\” is the theme of this year\’s budget. Finance ministers usually produce freebies, subsidies and waivers in their last budget before an election. Such attempts to buy votes have
Can\’t buy me an election with budget freebies Read More »
Never before has a finance minister rejected populist giveaways so decisively in an election year. Never before has a finance minister sought to win the next elections not through tax breaks and freebies, but by accelerating GDP growth and taming
Budget 2013: Finance minister P Chidambaram boldly votes for growth over politics Read More »
Happy days are here again, says the pre-budget Economic Survey. GDP growth is going to pick up from this year\’s 5% to range between 6.1% and 6.7% in 2013-14. Wholesale price inflation will fall to 6.2-6.6% by March despite hike
Economic Survey 2013 paints a rosy picture yet again, but needs follow up Read More »
The Indian economy presents a puzzle today. On the one hand, it exhibits many symptoms of overheating. On the other hand, many businesses complain of a complete lack of heat. GDP projections reflect the second phenomenon, not the first. But
Attempts to clear stalled projects will soon result in higher growth Read More »
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