India and the world economy »
Emerging India faces challenges and opportunities too!
Indian economists have all become stereotypes! Timid, withdrawing, self-effacing, till yesterday all leftists and Marxists. Today all liberals and economic reformers!
Understanding economic issues calls for knowledge of our economic history, certain analytical skills and a bold articulation of certain vision! Manmohan Singh’s government, after the mid-term in office, seems [...]
The much-talked about Cabinet reshuffle »
Much ado about nothing?
Unchanging ground level realities!
Economic growth is not just a rate of growth of some dry statistics. Not what P.Chidambaram or Ahluwalia or even by the PM’s own exposition itself! Economic growth is peoples’ growth; that is what the nation-builders told us.
Prime Minister Dr.Manmohan Singh seems to have become more wiser and calmer [...]
Inflation: is it economics or politics? »
High Inflation comes to haunt the Government!
Coalition politics to populist policies lead to inefficient economic management?
To borrow a historic phrase from Karl Marx, “the spectre “of inflation is assuming serious dimensions! There is an intriguing silence at the top. Everyone is clearly worried and we assume there is desperate action, though behind the doors.
Inflation is [...]
Emerging India faces challenges and opportunities too! »
Understanding economic issues calls fora knowledge of our economic history ,certain analytical skills and a bold articulation of certain vision!Indian economists have all become stereotypes! Timid,withdrawing,self-effacing, till yesterday all leftists and Marxists.Today all liberals and economic reformers! Manmohan Singh’s government,after the mid-term in office,seems to be facing many unsure goals!Indo-nuclear deal’s future seems uncertain.After Bush [...]
Amartya Sen »
What will be his legacy ?
Sen enjoys now a deservedly high reputation in the international economic expert circles.With more and more economists winning the Nobel Prizes in the subject the subject itself is changing so fast. How Sen’s place in the economics discipline will be remembered?
Economists don’t promote economic growth! »
Political, historical and technological factors. International scenario. These only help or hinder the economic progress of a nation. We need a more openly-debated economic policy too! Now, policy is drawn up by faceless bureaucrats and pro-establishment experts. There is no feedback from the grass roots. The minds of the people are not freed. They are [...]
Economics and politics »
Economic change?
Not possible without a clear political will!
It is political will,rather than any economic wisdom that propels economic change. Economics in its grand design must be seen essentially as people’s hopes and aspirations.
Economic science or art may be about dry statistics or figures.But economic trnasformation calls for a vision and a drive for mobilising the [...]
Good politics is important for good economics? »
It is not so simple!
Anyway, one hopes our policy makers should focus on GDP as well as on non-economic factors like rule of law, transparency in governance.
Under the BJP government the economic growth rose to 8.5% in 2003-04 on the previous year’s poor 4%. The Singh government promised 7-8 %.But actual growth today is just [...]
Strong Prime Ministers, weak Prime Ministers »
What is the public view of this one year government?
The UPA completes one year in office. What is its achievements? What are its failures?
The UPA wants to bring out a booklet. For preparing this booklet, the UPA had called the CPI and the CPI(M) for a breakfast meeting with the PM to finalise the draft [...]
Listen to grassroots people! »
The Prime Minister and his team shouldn’t go for mere bureaucratic exercises!
Listen to people who have worked at the grassroots!
There are already reports in the newspapers that the Employment Guarantee Bill is watered down. There is also the letter of Aruna Roy and her colleagues in their letter to Sonia Gandhi on the Right to [...]