Rajiv Kumar, the new vice-chairman of the Niti Aayog, has made development of an organic, Bharatiya model of development as his mission. He is likely to encounter three problems in this endeavour. A new, local model of development is doomed from the start in a globalised world First, in a post-ideology world, marked by rapid […]Read More Will NITI get it’s hands dirty?
Star Wars episode VII tells it like it is, in reel life. The small guys — with fire in the belly and a higher moral purpose as their force — always win in the end. In this universe, big is evil. Thomas Picketty, the celebrated French economist, agrees. The bigger you get the further behind […]Read More Small guys always win
(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 […]Read More The budget of small things
Good intentions are never enough to frame good policies. Each new policy generates a host of incentives and therein lies the devil of unintended consequences. The new Lt. Governor in Delhi announced a new admissions policy for private schools in Delhi. The policy intervenes in the school admissions market in two ways. First it reserves 35% of […]Read More Delhi School Admissions; too much single malt