governance, political economy, institutional development and economic regulation
There is a fun-side to budgets beyond the dreary boredom of the data and pedantic truisms bandied about. The lightest side of the budget this year, were capital receipts from disinvestment (code for under-the-radar privatization) which at 85% below budget outclassed, for the “back bencher award”, revenue receipts, which only shrank – like cooked methi (Fenugreek)- to […]
Read More Budgetary #funstuff- “never befores” for 2022The money this deal could fetch the Union government is just the tip of the iceberg. Government owns just over 53 per cent of Bharat Petroleum Corporation Limited (BPCL). Valued at 20 times the earning per share (the same as Reliance Industries) the fair price for handing over strategic control of the company should be […]
Read More Privatizing Bharat Petroleum is a big dealRahul Gandhi’s very public grabbing of the political lead on Friday, on a day when the Delhi glitterati were busy electing a new management committee for the Gymkhana, perturbed the generally convivial mood. Babus however are used to such periodic outbursts from their political masters, so the Prime Minister, sitting in Washington, must have smiled his […]
Read More Babunomics for Rahul
Opinion India 