-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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Why voters punished UPA-Himanshu
-Live Mint If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...
More »India's non-solutions for reducing inequality-Rajiv Shastri
-The Business Standard Or, why our subsidy and tax policies have been almost exactly wrong Thomas Piketty's seminal book on inequality, Capital in the Twenty-First Century, comes at a fortuitous time. Although inequality has been a well-discussed issue in India for some time now, the success of the book contributes by sharpening the debate. It complements the McKinsey Global Institute's (MGI) report titled "From poverty to empowerment: India's imperative for jobs, growth,...
More »How NREGA and food security will impact poll outcome in Bihar -Iftikhar Gilani
-DNA Muzaffarpur (Bihar): Some 30 kms away from Bihar's Muzaffarpur, in Moshari block, peasants sit around a common hookah at a village chaupal after an exhausting day. They sign Maithili folk songs and relating stories of Raj Kishore and Tasleemudin, legendary Naxalite leaders who took on local landlords in the 1960s. This region, along with Naxalbari in neighbouring West Bengal, was the centre of bloody clashes, forcing socialist leader Jai Prakash Narayan...
More »UPA-2’s costly mistake: failure to curb rising prices-Asit Ranjan Mishra
-Live Mint A key reason for the surge in anti-incumbency faced by UPA has been its failure to curb inflationary pressures New Delhi: A key reason for the surge in anti-incumbency faced by the Congress-led United Progressive Alliance (UPA) has been its failure to curb inflationary pressures for most of the regime's second tenure. While inflation based on wholesale prices averaged 6.1% during UPA-1 (2004-2009), it was a percentage point higher at 7.1%...
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