India spends around just under 2% of its GDP on managing external threats as a core sovereign function of the Union government. By all accounts, this arrangement works well. Two generations of Indians since 1965, have never known war personally, except those brave hearts, who chose to take upon themselves, the weighty task of protecting […]Read More Who’s in charge here?
Bengal, Kerala and Tamil Nadu — all awaiting new governments in early May this year — are the last bastions of strong linguistic and cultural regionalism which have resisted the mainstreaming of politics under BJPs “one country one party” theology. Assam capitulated in 2016 and is expected to remain within the BJP’s fold in May […]Read More Indian regionalism- past its expiry date
Economists belabour the point that emerging out of the pandemic–induced economic downturn is qualitatively different from emerging out of a long–drawn economic recession. Simply put, it is easier to get back to where you were. Turning on a light switch and flooding a dark room with light instantly is apt for describing what happens once […]Read More Unraveling fiscal stress