Whither art thou going? This is the question that will now be asked of the flood of COVID refugees fleeing the cruel and unfeeling cities to the “safety” of their rural homes. District authorities and border controls will now turn them back to the hell holes they tried to escape from. To what end? Return […]Read More Quovadis COVID refugees?
Many couples intending to get married stress test their relationship to determine whether it goes deeper than the kiss-kiss-bye-bye-baby level. Professionals can design a premarital experience – like reality TV shows do – to bring out the best and the worst in you so you can both make a considered choice. The ongoing novel COVID experience […]Read More Work with not against communities, to manage COVID 19
It can’t be very gratifying being the Finance Minister when the International Monetary Fund is calling out India for being a growth laggard pulling down world growth in 2019 to 2.9 per cent (from 3.3 per cent forecast earlier) and in 2020 to 3.4 per cent (from 3.6 per cent forecast earlier). International Financial Institutions […]Read More Is India the global fall-guy?
Good governance day aka Christmas and the late Atalji – India’s poet politician’s – birthday, dawned with some good news. The government unleashed two initiatives to signal its commitment to “jointness” a clumsy European synonym for better teamwork. Both initiatives, curiously, relate to the breaking down of self- sufficient silos in administration to promote better […]Read More Governance reform baby steps
Since the government no longer leaks information to the press on what is about to happen, it is tough to figure out whether the unanimous decision to hold the repo rate (the bank rate) at 5.15 per cent by the Monetary Policy Committee (MPC) on December 6 has the Union government’s blessings. Maybe this is […]Read More RBI Gov Shakti Das does a U turn
In early 2014 Narendra Modi as a prime ministerial aspirant made three pledges to the people of India, which swept him to power and kept him at the helm. First, the pledge to employ jobless young adults in decent jobs. Second, to shrink the government while increasing governance. Third, to put Rs 1.5 million into […]Read More Only private “animal spirits” can rescue India
Delhi has yet to overcome its Raj inheritance. The capital exudes the complacence of satiated imperialism, decades after the rest of the country has been democratized. The most egregious twin dogmas Two particularly deep-seated Raj dogmas plague Delhi. First, that India has an entitlement to lead the world and second, that our long-term foe is […]Read More India’s Raj inheritance
Exports in the first half of this fiscal year were $267 billion, 1.9 per cent higher than last year. This was dismal if exports are to be the engine driving GDP growth. Imports, at $312 billion, reflected poor domestic demand and contracted by 3.2 per cent. The only good news was that the trade deficit […]Read More A hybrid export model might fly
The film Joker – starring the amazingly versatile Joaquin Phoenix – now playing in the capital’s theaters – is a graphically violent and deeply despairing portrayal of a society sans any empathy for “losers” – those who end up believing they are one. Every society has its share of drop-outs, misfits and the unlucky. Good, […]Read More Beware a dystopic democracy
Amid the doom and gloom of the world economy, there are encouraging signs that the Indian government is now taking tangible steps to reverse the worst aspects of the slowdown in India. Ministers take the lead This is a huge step away from the collective “Nelson’s eye” which was being turned to the crisis earlier. […]Read More Early shoots of reforms revival