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Swaminomics – Swaminathan S. Anklesaria Aiyar
Swaminomics – Swaminathan S. Anklesaria Aiyar
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Swaminomics – Swaminathan S. Anklesaria Aiyar

View: Post-Karnataka, BJP’s victory in 2024 is probable, but no longer certain

May 16, 2023 May 17, 2023

Modi remains immensely popular. So, the NDA argues, it will definitely win in 2024. After Karnataka, that certainty has diminished to a probability. Corruption now matters. BJP has lost its halo. In all probability, it will still win the 2024 …

View: Post-Karnataka, BJP’s victory in 2024 is probable, but no longer certain Read More »

Rahul’s ‘jitni abadi’ slogan against spirit of Constitution

May 15, 2023 May 15, 2023

A population-based guarantee will offer more to the majority than to minorities and will sanctify religious majoritarianism Congress chief Rahul Gandhi has coined an unfortunate new election slogan, “Jitni abadi, utna haq” (the rights of any group are proportionate to its population share). …

Rahul’s ‘jitni abadi’ slogan against spirit of Constitution Read More »

India isn’t world’s first democracy, but it’s first on one count

May 6, 2023 May 8, 2023

From its inception, India provided voting rights for all regardless of class, caste, religion or gender. Some stalwarts of the ruling party seem to think that ancient India was the first in everything. Indian mythology tells us that Shiva cut …

India isn’t world’s first democracy, but it’s first on one count Read More »

Criticising others is not a bad habit

May 2, 2023 May 4, 2023

I was reminded of this when Indian External Affairs Minister Jaishankar recently said, “The West has a bad habit of commenting on others. They somehow think it is some kind of God-given right. They will have to learn only by …

Criticising others is not a bad habit Read More »

Why PLI for cellphone making should be mostly for export, not domestic market

May 2, 2023 May 4, 2023

Incentives should not be extended beyond five years: the biggest risk is that they will continue forever in flop sectors to save face and jobs. Demands from additional sectors to get PLI must be resisted. 14 sectors are already too …

Why PLI for cellphone making should be mostly for export, not domestic market Read More »

Remission policy needs rethink. We can’t free killers

April 29, 2023 May 1, 2023

The release of Anand Mohan at the behest of Nitish Kumar is being seen as a bid to capture the Rajput votebank ahead of the next election. India’s remission policy definitely needs a rethink. We can’t just free killers It …

Remission policy needs rethink. We can’t free killers Read More »

Western media: Don’t shoot the messenger

April 24, 2023 April 24, 2023

BJP politicians castigate the western media for anti-Indian bias, accusing people with a colonial mindset of thwarting India’s rise. BJP vice-president Jay Panda, has bashed them saying, “The western media’s abandonment of objectivity in the pursuit of a preset narrative …

Western media: Don’t shoot the messenger Read More »

India’s best export you don’t know of, MNCs do

April 19, 2023 April 29, 2023

It may be better to forget production-linked incentives and focus on service exports where India’s future lies Politicians and economists emphasise merchandise over services exports. Vast subsidies and tariff protection are offered to attract manufacturing companies to shift from China to India. …

India’s best export you don’t know of, MNCs do Read More »

Forget production-linked incentives, service exports represent India’s future

April 18, 2023 April 29, 2023

India has a huge comparative advantage in skilled labour, especially engineering skills. India now produces 600,000 engineers a year, and MNCs are harnessing this flow of inexpensive skills. Accenture has 300,000, of its global workforce of 700,000 in India. IBM …

Forget production-linked incentives, service exports represent India’s future Read More »

Rapid Economic Growth Is the Best Poverty Alleviator

April 17, 2023 April 29, 2023

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 »

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