Tuesday, 27 July, 2021
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Topic: Economy

File photo | Manmohan Singh with Praveen Chakravarty | Source: Author

Manmohan Singh told me ‘detachment to power’ and ‘attachment to reform’ was his weapon in 1991

Economic reform in a developing country like India is primarily about relinquishing control by the government. Modi govt loves control.
Representational image | Photo: Prashanth Vishwanathan | Bloomberg

SubscriberWrites: Liberals in Congress need to move away from Left ideology and revive ‘Swatantra Party’

It is rare now for an Indian politician to speak about free markets, free trade and privatisation, and so the country needs a truly liberal political party, writes Vibhav Kavoori.
India is likely to refrain from LPG buying on the spot market for the next few months. Photo | Bloomberg

Modi’s LPG reform was different. It helped the poor immediately, no trickle-down timeline

As we celebrate India’s 1991 economic reforms, it is also important to know the success stories of recent campaigns. None stand out like LPG.
Uttar Pradesh CM Yogi Adityanath met PM Narendra Modi at the latter's official residence in Delhi Friday | ANI

Population control through State action never worked in India. Time to focus on economy

We do not need a population control policy. We need a better public health and education policy, and above all, a coherent economic strategy.

India’s industrial output grows 29.3% in May

Industrial production took a hit due to the prevailing pandemic since March last year when it had contracted 18.7%.

Flipkart valuation surges to $37.6 billion, raises $3.6 billion in fresh funding

The funding round saw the participation of sovereign wealth and pension funds and included Walmart, SoftBank Tencent Holdings & Blackstone Group-backed Antara Capital among others.
The Finance Ministry at North Block in New Delhi | ANI Photo

Indian economy showing signs of revival from second Covid wave, says finance ministry

Releasing it’s monthly economic report for June, the ministry further said that a health monsoon, increasing Kharif sowing, and unlocking of states is expected to ease inflation.
Representational image | A view of illuminated Parliament House, New Delhi | ANI

Covid has exposed our comorbidities. Divide between Bharat and India now stark

In ‘Securing India’s Rise’, edited by Lt Gen Kamal Davar (retd), Mohan Guruswamy writes that 2010-20 is the lost decade, and recovering from it will take time.
People wait outside a Covid-19 vaccination centre in Kolkata | Photo: Arko Datto | Bloomberg File Photo

30 years of globalisation decreased economic security. And Covid just proved it

The pandemic has caused destruction of India’s economy, health system, and widened gender gap. Globalisation has weakened our ability to deal with crises.
Illustration: Ramandeep Kaur/ThePrint

Why Modi govt has walked a tightrope with new Covid relief package

The structure of Finance Minister Nirmala Sitharaman’s latest stimulus package indicates that the government had an eye on the fiscal deficit while making it.

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Graphic: Ramandeep Kaur/ThePrint

Forget petrol & diesel, prices of edible oils have soared even higher in June, July

Edible oils have seen a sharp rise in prices in last 6 months despite govt efforts to cool off rates by reducing high tax levies. June fuel inflation was 12.68%, while edible oil inflation was at 34.78%.

Defence

File photo of Indian Army soldiers after capturing a hill during the Kargil war | Photo: Commons

‘Courage is to hold on’: How Kargil fighting turned 3 Army doctors into frontline soldiers

Vijay Kumar, Rajesh W. Adhau & V.V. Sharma were among doctors who won Sena Medal for Gallantry for playing pivotal role in reducing Indian casualties in the Kargil war.
Illustration by Soham Sen | ThePrint

Like them or not, Taliban are a reality. India can deal with them if BJP resets its politics

Befriending the Taliban is possible, and pragmatic. It’s just that it calls for a big reset in the BJP’s domestic politics — a formula that goes beyond polarisation.