Well begun is half done

BOOK REVIEW India Transformed 25 years of Economic Reforms Rakesh Mohan – edited  Penguin Viking  670 pages; Rs 999   Curating 31 essays into a story on India’s economic reforms can be a giant yawn. But Rakesh Mohan, a videshi economist and a veteran of four major government committee reports, is up to the challenge.  THE PLUMBING WHICH […]

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Fiscal love for job loss

Times are tough. Exports are in free fall. The import bill is increasing as oil prices harden in response to the international oil cartel’s plans to cut production. Domestic demand is moribund despite the largesse of the Seventh Pay Commission for the public sector. The stock market has sagged. Informal sector jobs are under threat. […]

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Indian angst

Abandoned Faujis Delhi. Fauji veterans agitate, unsuccessfully thus far, for implementing the One Rank One Pension principle. This is a promise, unadvisedly made to them, by both the previous and the present government. They boycott the celebrations commemorating the 1965 war. Even those who fought to win that war stay away effectively devaluing the event. […]

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The budget of small things

(photo credit: dailymail.uk.co) February is when the Indian Finance Minister (FM) gets flooded with unsolicited help from well-wishers on how to get his job done of presenting the Union government’s annual budget on the 28th. This time, the flood is a Tsunami as a consequence of the Delhi state assembly electoral debacle for the BJP […]

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