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Saturday, May 18, 2024
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Standard Deviation

Modi govt has a split personality—innovative on disinvestment, regressive on credit card spends

Scrapping the latest version of the Consumer Expenditure Survey, or denial on China dependence reveal the govt's signs of immaturity that are hard to ignore.

The pains and gains of Modi’s reforms are deferred—GST, banks to demonetisation

Even if credit expansion to corporates begins today, it’s too late for there to be any real impact in terms of new investments and job creation before May 2024.

Modi govt turning into Big Brother. Overly-protective TCS policies infantilising citizens

Prime Minister Modi talked about ‘minimum government’, but nobody thought he meant making the citizenry do the government’s job.

Vodafone to ONDC to BharOS, how govt is empowering small businesses and breaking duopolies

Food delivery and e-commerce are two sectors where the government has created an indirect mechanism to stop the duopoly system, without clipping the wings of the giants.

Modi govt not leveraging its parliament strength for economic reforms. Using it for politics

BJP’s pro-business, pro-economic reform image is now being dented, even though this regime is better positioned to make positive change than most before it.

Blinkit-like approach to reduce cost hurting economy and workers. Innovate, increase revenue

Investing in more capital than in employing labour can work in most countries. But India can't blindly emulate developed economies and reduce the amount of labour employed.

India innovates in labour. It doesn’t need the pressure to spend huge on R&D like US, Japan

India has cheap labour while conventionally R&D-intensive countries have cheaper capital. The whole debate on R&D needs to be recast to fit the realities here.

Indian policymaking is good when cautious, botched when rushed. Learn from US banking crisis

India has done great in regulation because it took time to think things through. The US banking crisis should encourage Modi govt to avoid rush jobs like demonetisation.

GDP data shows how well Nirmala Sitharaman handled pandemic economy. Critics judged too soon

The impact of pandemic meant that the revisions made to the data for 2020-21 and 2021-22, in particular, are even more significant than usual.

Modi must shift from manufacturing to services. ‘Make in India’ needs course correction

Services' share in India’s GVA increased from 48% to 57% in 8 years without being the primary focus. Imagine what the sector can do if Modi govt sets its eyes on it.

On Camera

Mamata’s ‘outside support’ push has many meanings. Does she want INDIA to pick TMC over Left?

TMC should worry about minority voters and how they view her ‘outside support’. Minorities are with the TMC but they have also watched Rahul Gandhi march across the country.

India’s GDP to grow at 6.9% in 2024 — UN agency revises its January projection of 6.2%

Latest report by UN Department of Economic and Social Affairs says global growth to be faster than estimated earlier & India’s 'robust performance' to boost South Asia’s growth.

Spain denies port call to vessel carrying shipment of ‘arms to Israel from India’

The Spanish foreign minister says 'the Middle East does not need more weapons, it needs more peace'. Spain has been very critical of Israel’s offensive in Gaza.

What’s common between Netflix Chamkila and Trudeau’s trouble-infested Canada? They don’t get Punjab

Even in the weeks leading up to Chamkila’s assassination there were massacres every other day. To airbrush all of this is sheer intellectual cowardice if not a crime.