Agnipath-The Gig-Economy comes to the Indian Military

Flexible supply arrangements are replacing permanence and rigidity — as in the “gig” economy — to align with an uncertain world. The Union government is experimenting with applying these “start-up” human resources management principles to the military. The scheme titled “Agnipath” (trial by fire) requires those keen to become soldiers /sepoys to go through an […]

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Being optimistic on India

India has changed. Gone is the earlier hesitation about being coldly pragmatic while keeping the public interest in mind. Foggy Post-Colonial and Cold-War ideological baggage is being stowed away, appropriately. The clear guard rails developed for dealing with the Ukrainian crisis do the country proud—extending principled support for the continuation of the international mediation effort, […]

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Unshackle Indian retail e-commerce

Regulating the retail business in India is messy. State governments directly regulate trade and commerce within a state, whereas the Union government can intervene by legislating for specific products in public interest. The Union law prevails over commercial and industrial monopolies, combines, and trusts. The politics of retail Inter-governmental turf issues have dominated, since 2011, […]

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Storm in India’s monetary tea cup

The Reserve Bank of India-led Monetary Policy Committee (MPC) brewed a storm in a teacup by continuing its accommodative monetary policy stance—retaining the Repo rate (the cost of borrowing from the RBI) at 4 percent and the Reverse Repo (the cost of depositing funds with the RBI) at 3.35 percent. The MPC is a device, initiated in […]

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