Decentralize to empower the bottom of the income pyramid

Over the last three decades, it has become customary to disregard the fears of the “little woman” at the bottom of the income pyramid, as mere misinformed or worse—unenlightened, unreasonable insecurity. Unrequited love for markets After all, markets, if regulated appropriately, have delivered wonderfully and poorer economies have benefited more than developed ones. South Asian […]

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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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Trudging up the recession gorge

We have got used to being feted by the international community as a “rising great power”. This suits our exaggerated self-perception and the choreographed diplomatic dance of real Great Powers (US and EU) with China, truly, a risen great power, albeit increasingly not a benign one. Covid mirror The Covid epidemic has shown up all […]

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The price of fiscal exuberance

Politics is heating up. Elections in Bihar loom in November with Assam, Kerala, Tamil Nadu* and West Bengal tightly packed together in May next year, just after the FY 2021-22 budget. Bihar remains rural at heart. Luckily for the BJP, agriculture is the bright star in the Indian economy with expected growth of 3%. Doesn’t […]

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Use COVID to heal society

The bad news emanating from the slowing Indian economy over the last two years makes it counter-intuitive to imagine that COVID could be a blessing in disguise for halting the slow grind downwards.  A crisis is also an opportunity COVID is a crisis and India – all of it- including whataboutery experts, cynics and most […]

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The C virus and us urban Indians

“Wish the Corona came with free Tacos” is just one version of the many macabre jokes doing the social media rounds. Another is “Covid-19 has done more for Digital India than Demon”. Put these two together and you get exactly the right way to think about what it’s done to urban India. Urban India most […]

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