governance, political economy, institutional development and economic regulation
Associating budgetary allocations with cultural tropes is one way of validating them. Consider the case of two Indian states, joined at the hip till 1960 — Gujarat and Maharashtra. The origins of the 1960 split The port city of Surat in Gujarat was the entrepôt for Western India and the link with Arabia and beyond […]
Read More Culture drives how States Spend Public moneyState government performance is going to matter in the coming months of fiscal and economic stress. The national performance will depend in the near term, crucially, on how the better-performing states pull their weight. One criterion of state performance is the budget allocations for fiscal 2023-24 starting April 1st and the outlook on fiscal rectitude. […]
Read More Can flying geese-Gujarat, Maharashtra, Tamil Nadu-Power India’s growth with stability?Onions comprise less than 1% by value of India’s agricultural production. The average Indian consumes less than 800 grams of the stuff per month. Onion is a seasonal fruit. Supply traditionally dips during July to September as only the stored winter crop, harvested around March, is available for consumption. No dearth of onions photo credit: […]
Read More Some more onions pleaseThe Economist is an impeccably written newspaper with a distinct right of center slant and a preference for global solutions for reforming economic fundamentals in trade, climate change, democracy, private investment and markets. It advocates efficiency before equity. It believes correctly that in a resource constrained world, a concern for equity, as bleeding hearts socialists […]
Read More Why did the Economist bark?Elections are around the corner. Babus are petrified of taking decisions. But government is burning the midnight oil to grant “relief” to Reliance, Tata and Adanis to compensate for the poor planning and foresight of these companies under the guise of “protecting consumer interest”. The Central Electricity Regulatory Commission (CERC) decided in April 2013 […]
Read More Gas and Power: shine a light please on “deals”.
Opinion India 