governance, political economy, institutional development and economic regulation
It’s a terrible time to be a minister in the Union government. The economy is tanking under the weight of debt funded public expenditure and low private investment due to the lacklustre consumer demand. Private corporate headline growth is low on the back of low capacity utilisation, which hits government tax revenues adversely and casts […]
Read More Modi 2.0: Time for frugal good governanceHappy migrants, unhappy locals New Delhi’s denizens, fed up with grey mornings and sooty afternoon, moved in conspicuous droves to balmier climes for the New Year while tracking what interests them the most — property prices and politics. Imagine heatedly debating the relative merits of Gurgaon versus Noida while lazing on the sunny beaches of […]
Read More 2018 – Outsize events in the rear viewEven as Prime Minister Narendra Modi will be winging it to frosty Davos for the World Economic Forum’s annual meeting next weekend, his bete-noire — Congress president Rahul Gandhi — has decided to be different and spend the coming week in his parliamentary constituency of Amethi, in rural Uttar Pradesh. Both seek inspiration and support. […]
Read More Modi@Davos – Jawboning the future