History is written by the victors because they are the ones who survive and have “the force” with them. Last week the Central Statistics Office (CSO) of the Union government set the Yamuna on fire — not very difficult really, since it has more chemicals than water — by releasing the back series of the […]Read More Politics, lies or just GDP statistics
Davenport and Kirby’s book “Only Humans Need Apply” Harper.2016 comes with a whiff of optimism and plenty of specific practical advice- based on real life cases- for professionals – scientists, radiologists, teachers, actuaries, financial analysts, lawyers and all “knowledge workers” who fear loss of jobs. This is where it is different from the previous, […]Read More Is a machine kicking u out?
Populism, buttressed by dodgy economics, has become the fashion statement in politics. Last year, the Union government approved handsome “real” increases in government salary. There was little justification for doing so since the government salaries were already fully indexed to inflation and the largesse couldn’t have been justified as a reward for higher productivity. The […]Read More A new “living wage” f0r Delhi
Arvind Subramanian Chief Economic Advisor- GOI: Rising star and Rajan clone? The Indian Economic Survey is an annual document that is wrongly titled. The data it reveals is overpowered by large dollops of economic wisdom, literature and policy analysis. Arvind Subramanian, India’s Chief Economic Advisor and the key author of this year’s Survey, has clearly […]Read More Indian Economic Survey 2016: Bewinderingly optimistic
Bad ideas are as resilient as cockroaches — the only living being guaranteed to survive even a nuclear holocaust. Both have a tendency to resurface even after being squashed. One such bad idea, originating from the Niti Aayog, is to revive the plan of special economic zones (SEZ) on a much larger scale as a […]Read More NitiAyog’s China style CEZs a big, bad idea
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. […]Read More Indian angst
(photo credit: fundamental.bogs.com) How justified is Mr. Kejriwal, the Chief Minister (CM) of Delhi in assuring auto rickshaw (tuk tuks) owners and drivers -his niche supporters numbering around 100,000 – annual rate revisions in tandem with rising costs, when he denies a similarly supportive regulatory regime to the three private companies which supply power to […]Read More CM Kejriwal’s plunging popularity
(photo credit: india.com) The annual ritual of the government’s budget with allocations of money in billions is just gobbledygook for the average citizen. It is the “tone” of the budget which people tune into first and foremost. What must Finance Minister Jaitley do to get the tone right? First, clothes make a man, as they […]Read More Packaging Budget 2015
(photo credit: http://www.dnaindia.com) A cold Republic Day had FM Jaitley looking dapper under his stylish cap as he snuggled into his overcoat on a rain lashed Rajpath munched nuts and broodingly watched the parade go past. PM MODI’s OFF-SWING Was he fleshing out what he would say in his budget speech to the Indian […]Read More Budget 2015: Swap higher outlays for efficient spending
(photo credit: http://www.deeshaa.org) The thought of Modi, an original and innovative doer if ever there was one, copying anyone, is so implausible that the first instinct is to perish the thought at birth. But it is interesting to list how Modi could “do a Deng” for India. Deng Xiaoping inherited a China wracked by the […]Read More Can Modi Copy Deng?