How creative is the Indian economy?

Creativity blooms during periods of extreme turbulence. One such example is the “Doing Business” index, which was initiated in 2003, in the aftermath of the dotcom boom-bust of 2000-2004.  Back then, state led development had decisively given way to a preference for an open economy, competition, markets and private enterprise. The Doing Business index benchmarked […]

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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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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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Towards a net zero India

The average human lives for 70 years, though women outlive men. A child born over the next five years will still be alive in 2100 when the world tips over into the +2.5° heating trap triggering catastrophic forces of nature – sea level rise washing away entire islands and shore lines, floods from unseasonal rain, […]

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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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Check the Emperor’s health

There are three reasons why governments, like humans, act irrationally rather than the rational economic agents they are supposed to be.  My time is up First, if governments perceive that their time in office is limited there is nothing to be lost by dropping all restraints and doing whatever they wish to – a daring […]

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Musing with Grandpa Modi

No, the Prime Minister has not become a biological grandfather. But he has adopted all of India’s poor – all 400 million of them – around 80 million families- by the extant definition of those needing support in these times of stress. Vibing with the poor To be fair, this fascination with helping the poor […]

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