Pictures tweeted from PM’s official handle show that Modi wasn’t wearing a skullcap while exchanging greetings with the Syedna, the head of the Dawoodi Bohras.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
To be truly functional and durable, even eternal, a state doesn’t just need a leader, a party or an ideology. It needs functional and robust institutions.
Reportedly, fifty to sixty thousand migrant workers have fled Gujarat. The crime was by an individual who has been arrested. Some popular anger one can understand, not this exodus. It seems to me that it points to a deeper economic malaise. After demonetisation, several construction sites in NCR shut down thousands of workers returned to UP and Bihar, have still not got their jobs back. Consider 23 million applications being received for a chunk of low level railway jobs. The agitations by dominant castes for reservation in government jobs. Instead of job creation, jobs are actually being lost. The extent of economic pain that is being felt all over the country is not being officially acknowledged or reflected in government statistics. Each recent Diwali in recent years has been more glum than its predecessor.
Reportedly, fifty to sixty thousand migrant workers have fled Gujarat. The crime was by an individual who has been arrested. Some popular anger one can understand, not this exodus. It seems to me that it points to a deeper economic malaise. After demonetisation, several construction sites in NCR shut down thousands of workers returned to UP and Bihar, have still not got their jobs back. Consider 23 million applications being received for a chunk of low level railway jobs. The agitations by dominant castes for reservation in government jobs. Instead of job creation, jobs are actually being lost. The extent of economic pain that is being felt all over the country is not being officially acknowledged or reflected in government statistics. Each recent Diwali in recent years has been more glum than its predecessor.