governance, political economy, institutional development and economic regulation
How is “Tipping Point” – a phrase heard most often in the context of climate change relevant for the 2025 budget in India? It becomes relevant in the context of India’s long-term goal of becoming a developed economy (Viksit Bharat) by 2047. If India fails to achieve the required growth during the intervening twenty-two years, […]
Read More India’s “Tipping Point” Budget 2025India has a budgeting problem, like any other middle-class household. Aspirations are larger than means, possibly, driven by the doubtful glory of being the fourth largest economy and politically primed, by future expectations of becoming a “developed” country by 2047. Coddled by obliging import tariffs, clunky private corporates are risk averse and the financial sector […]
Read More Sane Budgeting for a Crazy WorldTarmac to Towers: The India Infrastructure Story Pratap Padode 2024 Westland Business 373 pages Rs 799/- Pratap Rodode is a financial journalist and publisher of Construction Update, a magazine launched in 1996, followed by Infrastructure Today, Power Today and Project Reporter. This book comes favorably pre-reviewed by industry veterans Nandan Nilekani, founder Chairman, UIDAI, S.N. […]
Read More Book Review: India’s infra journey: Growth & GapsIndian labour regulations do not prescribe the maximum hours per week for those in administrative or managerial positions. For all other workers in industry, the Factories Act prescribes a maximum of 48 hours per week before overtime becomes payable. But there are other reasons why executives work more hours. Our guru shishya Parampara (tradition) requires […]
Read More Are Corporate Honchos Wrong to glorify long Working hoursWill India get rich before it turns 100? A reality check Author: Prosenjit Datta Publisher: Aleph Pages: 138 Price: Rs 499 Economic treatises, says Prosenjit Datta, a distinguished Indian editor and business journalist, can be frustratingly obtuse and reader unfriendly. This attractively written book is anything but. It packs a punch despite being deceptively slim, […]
Read More Book Review: Can India be Rich at 100?Debt Sustainability of Subnational Governments in India Author: Hari Krishna Dwivedi Publisher: OUP Pages: 256 Price: Rs 1,162 Worrying about the debt sustainability of subnational governments (SNGs or state governments in India) is an acquired taste even amongst financial analysts. In the hands of an experienced professional, like the author — a distinguished civil servant, […]
Read More BOOK Review: Making debt Sustainable
Opinion India 