P Chidambaram is former Finance minister of India.
It is wrong to think that economic reforms consist of announcements or a few deft strokes of the pen making changes in some policy or other.
No government can pronounce anyone guilty or innocent. No one can declare that Ishrat Jahan and three others were ‘terrorists’.
The GDP growth number is an approximation of the underlying economic activity. Many economic decisions of the government and private investors are based on that number.
How does the government change the behaviour of its citizens in the matter of defecation given the social structure of a village with limited resources?
My government has greatly benefited by the Nirmal Bharat Abhiyan and the National Skill Development Mission launched by the previous government. We have scaled up the two programmes which are now being implemented as Swachh Bharat and Skill India
As it turned out, the election results were as expected a few months ago — that is before the spin masters and the pollsters took over and created a mystery around the elections.
Many who had voted for the BJP are looking for alternatives, as they did in the elections in Delhi and Bihar.
Every commentator has acknowledged that the best years of the Indian economy (“boom years” according to the current Chief Economic Adviser!) were 2004-2009, that is the period of UPA I.
The CJI proposed the idea of a Court of Appeal which would be a beginning of the end of an over-burdened and choked Supreme Court and the restoration of a true Constitutional Court .
Dr Rajan was not obliged to explain what he had meant, but he did explain a few days later and reminded his critics that a central banker has “to be pragmatic and cannot get euphoric”.
The project of building a Union of States will reach its culmination when the people of the three regions of Jammu and Kashmir feel they are truly a part of India.
The government’s intentions may be good, but that is not enough. As the saying goes, the way to hell is paved with good intentions. The government must boldly tackle the problems and take the difficult decisions. That alone will promote new investments.
I do not doubt the intentions of the government. My worry is, does the government have a firm grasp of the current economic situation.
'Project Nationalism' seeks to bludgeon the people to submerge their individual identities in a presumed national identity
In 2013, the Supreme Court, by an interim order, ruled that Aadhaar could not be made mandatory to receive benefits. In 2015, the case was referred to a larger bench to decide the question whether Aadhaar infringed the right to privacy.
No part of the windfall has been used for additional capital expenditure or socially useful programmes.
The way to improve the farmer’s income is to improve his non-farm income.
The budget is an opportunity wasted by a government enjoying a majority in the Lok Sabha
The third budget of any government is a crucial milestone. If the economy is on a roll, it is a time for consolidation; if the economy is stuck, it is the last opportunity to get it unstuck.
What is the place of a University in the democratic republic that we have given unto ourselves? As a student, can I regard my age as an age where I have the right to be wrong?
Net neutrality is not a slogan and Regulations are not slogans written into the law; they need to have more nuance.
MGNREGA was never about “digging pits”; nor is it a “monument to failure”. As Mr Modi has made a meal of his words, the time has come to convert the programme into one that will create “durable assets” and become a “monument to social justice”
China has been the main driver of world growth for a decade. Through the 1997 Asian currency crisis and through the 2008 international financial crisis, China continued to grow at an unprecedented rate.
Just as “No one killed Jessica Lall”, no one Is — or will be held — responsible for the death of Rohith.
While war is not the answer, hard or coercive diplomacy with Pakistan could be.
There is nothing extraordinary about the actual receipts or expenditure of government so far. No department is expected to spend more than the budgeted amount.
UPA couldn’t constitute the National Counter Terrorism Centre. NDA must lose no time in doing so.
There is no fun in making resolutions for the poor, the meek or the peacemakers. It is better to make resolutions for the high and mighty, and watch the fun while they break them.
Since nominal GDP growth in the second quarter was only 6 per cent, the estimated nominal GDP growth of 8.2 per cent for FY 2015-16 as a whole is a ‘pie in the sky’.
On the National Herald issue, it appears that the government was prepared for the expected.
On the very day India and Pakistan became independent, they inherited a clutch of problems that was the inevitable result of Partition.
How did the ‘high’ of India-Nepal relations collapse to a point when all observers are agreed that they seem to have reached the nadir?.
Growth will indeed add to the national output and raise the per capita income but it may — and often does — increase inequalities of income and wealth.
The tell-tale sign is the flat growth rate: 7.3 per cent in 2014-15, 7.0 per cent in Q1 of 2015-16, and the forecast of 7.3 per cent for the whole of 2015-16.
What was eloquence in 2014 sounded like empty rhetoric in 2015. What were considered credible promises in 2014 appeared to be just chunavi jumla (election theatrics) in 2015.
A win in Bihar could propel the party in either direction. Win and continue with the winning formula of polarisation is just as likely as win and return to the development agenda.