A cautionary tale for decision makers

Formal sector jobs in India are scarce and are highly regarded. The most generous assumption (Economic Survey FY 2018) is that there are only 127 million formal jobs in 10 million enterprises, either registered under GST, the Employees State Insurance Scheme or Employees Provident Fund Organisation. Add another 18 million jobs in the government and […]

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Piyush Goyal, opening batsman FY2020

The BJP is known for three tactical approaches. First, taking “bold” decisions as per its brand image — witness the swift rollout of the Goods and Services Tax by 2017. Second, it takes risks big time — consider the sudden November 2016 move on demonetisation, which has paid off only partially. Third, it under-informs the […]

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A Shah is born in India

Four decades ago on January 16, 1979, Iran’s last “Persian” ruler Mohammad Reza Shah Pahlavi fled his palace near Tehran never to return, thus ending a divisive rule of nearly four decades. The fallout, which occasioned his political demise, was a mass outpouring of anger against entitled westernised elites; State led dilution of traditional cultures and lifestyles; […]

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Including the excluded class

Not so well-off upper caste Hindus, Muslims and Christians, who have so far not benefited from “reservations” or quotas, woke up last week to a pleasant surprise — they had all been included! Quota politics The Constitution (103rd Amendment) Act 2019, came into force from Monday. It provides for a 10 per cent additional reservation […]

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The empty canopy at India gate

Just east of India Gate –where, under the arch, an everlasting flame flickers in remembrance of martyrs – is an empty canopy built along with the rest of colonial New Delhi in the 1930s. This once housed a statue of George V – King of England when the shifting of the capital from Calcutta to […]

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