Jaitley’s Budgetary Trident

In these cynical times, slim is the market for big ideas, unsupported by facts and figures. The Finance Minister’s 2018-19 budget proposals have met the same fate. The three big picture proposals –a price assurance scheme covering all Kharif crops at a minimum 50% above their cost of production; boosting agri-product exports from US$30 billion to […]

Read More Jaitley’s Budgetary Trident

Why Raghuram Rajan is not Indian

Yes, it’s true. Raghuram Rajan is very Un-Indian on multiple counts. Photocredit: live.av.info  Raghuram Rajan a youthful financial messiah amidst grey heads Early start First, like Dr. Manmohan Singh before him and unlike every other Governor of the Reserve Bank, Rajan became governor at the “tender”, almost youthful age -by Indian metrics- of just fifty […]

Read More Why Raghuram Rajan is not Indian

Finance Minister or supermom

Will Finance Minister Arun Jaitley protect wailing babies; photo credit: mubasshir.blogspot.com High expectations in the near mystical ability of any finance minister to find a balm for all economic ills is common across all Budgets. Like all of us, finance ministers are egoists. They respond to expectations, like a supermom does to wailing babies. The chorus […]

Read More Finance Minister or supermom

President Hollande’s musings on India

You have to hand it to the French. They look effortlessly stylish- think Christine Lagarde, the French Managing Director of the IMF. Even when they wear plain work clothes they come encased in an inherited frisson of elegance- the 1789 French revolution, it seems,  diffused aristocratic elegance more evenly rather than destroying it all together, as […]

Read More President Hollande’s musings on India

Sarkari pay: Too much love

A picture is worth a thousand words. Even the Oxford dictionary has conceded as much by admitting the emoji “tears of joy” as the first ever “pic-ord” which sums up the prevailing worldwide emotion of relief at even small mercies. This emoji must have resonated with the 10 million employees and pensioners of the Union […]

Read More Sarkari pay: Too much love

Jaitley’s Maiden Budget Mujra

“Mujra”, the traditional PakIndia dance of seduction honed in glittering Lahore, immortalized by the ever beautiful, dusky Rekha in Umrao Jan, a classic film by our very own desi, aristocrat, designer Muzaffar Ali. Mujra is a dance of deception. The idea is for the danseuse to so mesmerize the viewers, that their head gets delinked […]

Read More Jaitley’s Maiden Budget Mujra