India till 2030- Testing the marginal utility of political stability

A decadal “look ahead,” even as geopolitical, technological and environmental disruptions push uncertainty to worrying levels, closely resembles a fool’s wager. The upside, however, is an even chance of getting it right, just like everyone else. DOMESTIC POLITICS — The silence of stability Our biggest challenges will emerge from domestic politics. The political threats are […]

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Democratic overload

Amitabh Kant the CEO of NITI Ayog got a taste of the underside of celebrity status when his remark on there being “too much democracy in India” created a social media storm of protest. Mr. Kant clarified subsequently that the news coverage had omitted the latter part of his sentence “……. for it to be […]

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Post Diwali sentiment boosters

The win in Bihar for the BJP- JD(U) combine, presages continue strength to the NDA at the center and a potential spread across more states. This is a source of anxiety for those who miss the more lassiez faire approach of previous governments, where the “dharma of coalitions” restricted strong-arm action on any front. BJP […]

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Fracturing South Asia into action

South Asians integrate the least with each other as a region. Joyeeta Bhattacharjee of ORF, who studies the region, puts it down to fear of Indian domination (India accounts for 80% of the combined GDP and 74% of the combined population), historical mistrust (a colonial legacy) and targeted terrorism (a recent innovation of war by […]

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Economic bites

Now that we all live in a real time world, courtesy the near ubiquitous digitization of our lives, government processes which share economic information with a lag, are irksome at best and superfluous at worst. Consider that the scheduled release today, of the official version of GDP destruction in Q1 of fiscal 2021 (April to […]

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Deal making is back-at last!

Deal making in banking is returning after a gap of four years. Banking, not the retail stuff but the kind which gets the economy moving, is classically done through deals struck over convivial lunches and dinners. It’s tough to make deals in an environment of zero tolerance for corruption Stung by the proclivity of the […]

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Pulling South Asia together

South Asia and specifically India, can learn much from the European Union (EU). Similar despite the income gap This is despite the income dissimilarities. South Asia with a per capita GDP of current $1960 is low-middle income, at best. The EU with a per capita GDP of current $34,843 is high income. Also, Europe is […]

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Sorry States

The myth of a dominant center and weak states in India is long enduring. Some of this is wish fulfillment by national elites since it reinforces their own centrality, as Delhi based movers and shakers. How granular is the “post planning”economy? The “planned” economy approach, which ended in 2014 with the Modi government, also played […]

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