The writer is professor of graduate school at the department of economics, University of California, Berkeley.
One needs more systematic thinking about the hard choices India now faces — the trade-offs between the lockdown paralysing the economy and decimating the poor on the one hand, and on the other, lifting the lockdown thereby allowing the infection rate to soar, and taking a heavy toll on the old.
The essence of democracy is in protecting minority rights. India is failing to do so
Our identities are necessarily multi-layered but ethnic nationalists privilege one of these layers, usually based on the narrow particularities of religion, language or culture that makes it easy to mobilise certain groups.
India has gone from false hopes in 2014 to false pride in 2019
Whichever party wins the election, the real long-term challenge is to stem the rot of institutional foundations.
I think packaging a significant UBIS with a simultaneous increase in the taxes on the rich will help macro-economic stability, apart from assuaging the poor who will face some of the price rise in commodities or services, when subsidies are withdrawn.
In recent times both BJP (around election time in UP and Maharashtra) and Congress (in Punjab, and now Rajasthan, MP and Chhattisgarh) have rushed to the fire of farmer wrath with wild schemes of bank loan waivers. This is, of course, a bad idea not just because it plays havoc with the banking culture (just as that of loan waivers for corporate defaulters does).
Three years after the Modi government assumed office, the promise of job creation is unmet. The demon of corruption is not yet slayed
Higher education in India is failing. Overhauling the system can salvage it
No evidence to show labour laws are the only, or even main, constraint to growth.