governance, political economy, institutional development and economic regulation
(photo credit: http://www.firstpost.com) Imagine if FM Jaitley had admitted in his budget speech of February 28 that of the Rs 17.77 lakh crores (US$ 287 billion) of expenditure he was tabling in Parliament, less than one third was really available for innovating on the past trends and the bulk of the funds relate to liabilities […]
Read More FM Jaitley’s conundrum: Fat wallet but empty pocketsphoto credit: http://www.dw.de Forty Eight years ago on March 23, 1977 India emerged from the darkness of a 21 month long “national emergency (Article 352 of the Constitution)” into the light of full restoration of fundamental rights. Indira Gandhi- the then Prime Minister, a feisty mother, tired of the excesses of her son- Sanjay Gandhi, […]
Read More Lest we forget our “dark” non-democratic past(photo credit: guns.com) An inequitable sharing of power and the “glass ceilings” of “closed order” societies, devised to keep the status quo intact, are ripe pickings for terrorism. Apologists of terror focus on this underlying social explanation for the breeding of terror. But this is cold comfort for the victims of terror who, generally, are […]
Read More Taming Terror
Opinion India 