Thursday, 20 January, 2022
TopicCrony capitalism

Topic: crony capitalism

Success of Modi govt’s monetisation plan won’t be about money but whether infra is affordable

Modi govt's Rs 6 lakh crore monetisation plan involves leasing out public assets to the private sector. These include roads, railway stations, airports, gas and oil pipelines, warehouses, sports stadiums, etc.

India’s Covid vaccine policy is bound to promote inefficiency, inequality

Modi govt’s policy for Covid-19 vaccine has thoroughly exposed both the failures of an incompetent state and the vagaries of the ‘free’ market.

CFOs to bankers to SME owners, what India’s business class says about Modi govt

I conducted 63 interviews over the past five months. The majority sentiment among Indian capitalists today is that the mood has moved back to the 1970s.

Wealth creation in Economic Survey: Slowdown forces Modi govt to shed ‘suit-boot’ fear?

With “wealth creation” as the central theme of 2020 Economic Survey, Modi govt has harked back to its capitalist orientation in the backdrop of an economic slowdown.

Here’s how India’s middle class forces a Right-wing Modi govt to stay economically Left

Indian middle class’ fetish for a nanny state compels govt intervention in managing prices. This keeps both crony capitalists and voters happy.

India’s crony capitalist edifice is creaking

Capital formation, job creation & growth are cracking under the strain placed by India’s feudal system of corporate governance.

Paradise Papers: Parking money in tax havens biggest threat to democracy in the world

In most cases, funds were siphoned from domestic companies to offshore tax havens by over-invoicing and under-invoicing, through intermediary shell companies .

On Camera

YourTurn

Representational image of a jewellery store | ANI

India Jewellery Park to be set up in Mumbai, aims to attract Rs 20,000 crore investment

The Gem & Jewellery Export Promotion Council and Maharashtra Industrial Development Corporation have signed a draft agreement granting possession of a plot for setting up the park.

Defence

File photo of IAF drone seen flying in Leh on 18 Nov 2020 | ANI

Indian firm gets foothold in prized global ‘kamikaze’ and armed drones market

Global demand for loitering munition & armed drones saw a jump after Azerbaijan was able to defeat superior Armenian armed forces in 2020 with the help of these systems.
Illustration by Soham Sen | ThePrint

Read my lips, I’m hurting, says Pakistan’s National Security Policy. What it means for India

The new policy is mostly chaff, but it reveals the most inward-looking Pakistan in 3 decades. It needs breathing space, and is realising loss of stature and friendship with US.
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