PM Modi’s signature Ayushman Bharat programme launched on Sept 23, 2018 has been touted by most in the mainstream media as nothing short of a revolution with some calling it the biggest healthcare programme in the world. Is that so?…
The Federal Reserve of United States has raised short term benchmark interest rates for the third time this year. With this increase, the benchmark rates have crossed the 2 percent mark for the first time since 2008. The FED has…
The eruption of farmers’ agitations across India is beyond anything that has been seen in India since the late 1980s. At that time, such outrage presaged a change of government, with the rise to power of a coalition of parties…
On September 5 an event of great significance occurred in the capital: more than 1.5 lakh workers, peasants and agricultural labourers staged a rally on Parliament Street. The capital has certainly seen much bigger rallies in the past, but not…
In the midst of a crisis reflected in a collapsing rupee, India’s BJP government is acting ostrich-like, burying its head in the ground. Nothing illustrates this better than its much-delayed response to the collapse of the rupee with a set…
The rupee’s current tendency to fall is hardly surprising. India’s growth experience, unlike China’s, was built on the quicksand of a more or less persistent trade and current account deficit on the balance of payments. But there was always enough…
July 2018 marks the first month of the second year in which the much-heralded Goods and Service Tax (GST) regime has been in place. When launched 13 moths earlier, in a propaganda blitz that (wrongly) claimed that this “one nation,…
The Indian economy is in a tailspin. This cannot be attributed only to innocence in economic matters of the command-centre of the NDA government. While that is indubitably a contributing factor, the current travails of the economy point to something…
Growing concerns on the current state of the Indian economy, which have been met with responses filled with assurances and proposals from official circles for remedial actions on part make it urgent to delve into the issues which spell out…
Having overcome a legacy of extreme shortage of supply, India’s power sector is in the midst of a crisis with ramifications of a wholly different kind. The crisis arises because firms accounting for significant proportion of power sector assets have…
