India’s elites – the top 0.1 per cent of families, who only shop overseas and have grown fatter the fastest – have a visceral fear of foreign buyouts. The average Indian couldn’t care less – they only look for lower prices and better quality. There are no sari clad Westestern CEOs India’s politicians, particularly in […]Read More Stopping foreigners from owning Indian retail e-commerce
Just east of India Gate –where, under the arch, an everlasting flame flickers in remembrance of martyrs – is an empty canopy built along with the rest of colonial New Delhi in the 1930s. This once housed a statue of George V – King of England when the shifting of the capital from Calcutta to […]Read More The empty canopy at India gate
Santa Claus is known globally for his — yes, his is still a male preserve — penchant for grunting his massive bulk through chimneys, including, miraculously, the narrow outlets of smokeless challahs, into homes to bestow gifts on sleeping children. Santa the original behavioural economist He is the original behavioural economist, grading gifts by the […]Read More Santa on good governance
In the most recent state assembly elections, the BJP lost. But given the centralised governance architecture of the BJP, so did Narendra Modi. The jury is out on the extent to which election losers heed advice directed gratuitously at them by opinion writers. But Mr Modi is credited to be a voracious internet fiend so […]Read More From assembly to the 2019 general election
A single event gives rise to asymmetric consequences- intended or otherwise. If you fall down the stairs and hurt yourself – it’s an unintended disaster for you and your family. But to the doctor and her staff patching you up, it’s an entirely expected consequence. For a colleague, who steps in for you at work, […]Read More Elections and the law of consequences
In a recent freebie on social media, McKinsey – an outrageously expensive US consultancy which spurns a fee below Rs 50 million for even the smallest task – shares lessons learnt by them for producing leaders. First, good health is critical – a no-brainer. Second, company programs to produce leaders mostly fail – this is […]Read More McKinsey can learn from Modi
It is a fashion of the times that officers of the elite Indian Administrative Service, Indian Police Service and Indian Foreign Service join political parties and get elected to public office. The civil service conduct rules, which require an officer to be apolitical, no longer apply once (s)he leaves government service. This approach is congruent […]Read More Are elite civil service cadres becoming training schools for politicians?
Terror, says our Supreme Court, is not just a heinous crime. It is crime with the intent of destabilising the Union of India and striking terror in the hearts and minds of Indians. We are not new to terror. But the digital age has made it easier for terrorists to instil fear and suspicion where […]Read More Is a 26/11 terror redux probable?
The Gandhi’s (Rahul, his mom and sister) face an existential crisis. At the heart of their problem is the stance they should adopt for the national elections coming up in May 2019. The dilemma of leadership Doing more of the same would mean upping the ante, matching Prime Minister Modi and Amit Shah taunt-for-taunt, continuing […]Read More Should Rahul step up or back?
We Indians are peculiar. At least 40 per cent of us have barely benefited from Independence. Another 40 per cent have benefited only somewhat. This skewed income profile pulls our per capita income down to $1,820 (current 2017), close to the bottom at number 173 out of 229 economies (World Bank 2017). The real beneficiaries […]Read More Why India’s 20% club loves the status quo