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Monday, April 6, 2026
TopicBR Shenoy

Topic: BR Shenoy

Planning for the free market, not state control, will lift India out of poverty: BR Shenoy

A free-market system based on consumer sovereignty, with the state confined to essential public functions would generate much faster growth, Shenoy wrote in 1963.

Moksha, not motor cars—BR Shenoy’s idea of a truly Indian welfare state

In a 1957 lecture, free-market economist BR Shenoy warned that India's welfare state must stay rooted in Dharma, not drift toward consumerist excess.

On Camera

Naxalism was on decline under Manmohan Singh. Modi govt moved in at the time of consolidation

In 2005, under the UPA’s watch, Chhattisgarh launched Salwa Judum. The state gave assault rifles to Adivasi boys and pushed them into battle against their own brethren.

Saudi Arabia raises price of main oil grade to Asia to a record high premium

Saudi Aramco will increase flagship Arab Light crude prices for May sales to a premium of $19.50 over regional benchmarks for refiners in Asia, still less than what traders anticipated.

UAE walks away from financing Rafale F5 due to restricted access to technology, reports French media

French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.

China insulated itself against energy shocks. India is ‘all talk, no walk’

China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.