Chief minister Nitish Kumar keeps demanding that New Delhi should make Bihar a special category state. But New Delhi points out that special category status-which entitles a state to get 90% of central assistance as grants instead of loans-is meant […]
A sandy solution for Nitish\’s revenue coffers Read More »
Chief minister Nitish Kumar keeps demanding that New Delhi should make Bihar a special category state. But New Delhi points out that special category status-which entitles a state to get 90% of central assistance as grants instead of loans-is meant
A sandy solution for Nitish\’s revenue coffers Read More »
Most educated people say climate change threatens disaster. The few sceptics are denounced as climate deniers. All governments are firm believers. This consensus was underlined last week when Cyclone Nilam hit India and Hurricane Sandy hit the US. Greens, journalists and politicians declared this was proof
Adapting to climate change is less costly than spending trillions on emission targets Read More »
The UPA government\’s theme song for eight years has been that we have achieved record GDP growth but not been inclusive enough-poor people and backward states have not benefited enough. The very opposite is now evident. Backward states are advancing
Backward states surge even as India slows down Read More »
Forget the notion that the government has recently produced an avalanche of reforms. The word \’reform\’ is being misused to cover everything from irrelevant fiddling to minor changes, to selling the family silver (in the shape of spectrum or minority
Ignoring small businesses and public service delivery a big mistake for government Read More »
Sanctions may not stop Iran\’s nuclear programme, but could spark a revolt against the mullahs. Bombing Iran\’s nuclear facilities will only strengthen the mullahs . Israeli Prime Minister Netanyahu has repeatedly threatened to bomb Iran\’s nuclear facilities, saying that country
Sanctions may not stop Iran\’s nuclear programme, but could spark a revolt against the mullahs. Bombing Iran\’s nuclear facilities will only strengthen the mullahs . Israeli Prime Minister Netanyahu has repeatedly threatened to bomb Iran\’s nuclear facilities, saying that country
The Comptroller and Auditor General\’s ( CAG) estimates of government losses and corporate gains have stirred much controversy. Supreme Court Chief Justice S H Kapadia attempted to elucidate valuation principles in a recent speech. He reportedly said, \”Today, a number
The Comptroller and Auditor General\’s ( CAG) estimates of government losses and corporate gains have stirred much controversy. Supreme Court Chief Justice S H Kapadia attempted to elucidate valuation principles in a recent speech. He reportedly said, \”Today, a number
In Washington DC, a fellow bus traveller asked about my job. I said I was an economist. \”Oh\” he said in disgust \”you economists don\’t know nothing.\” This was a cruel, yet accurate comment. The world is staggering under multiple
Why we need better economics Read More »
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