Delhi has historically been in revenue surplus, but last 2 years have seen a deceleration. Subsidies & cash transfers may escalate the deficit, unless accompanied by a hike in revenues.
Indian middle class seethes at growing phenomenon of political parties taking their tax money and spraying it among the more numerous poorer classes to buy their votes.
Global media also took note of the railway accident in Maharashtra, writing about safety of train travel in India, as well as the reality of the economic downturn in the country.
In the new world, the only idea that cuts across enough vote banks is populism. Its beauty, charm and success lies in its ease of use, in how little it demands from your head or heart.
Political parties must learn to differentiate between welfare schemes and freebies; while welfare schemes positively impact lives, non-merit freebies are not a fair practice.
While economists warn politicians against making excessive promises, they acknowledge the value of welfare schemes—provided states remain within their financial limits.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
Separatist sentiment in elements of the diaspora is one facet. Till recently, there was satisfaction that there is calm in Punjab, Now some tough news coming from the state as well,. 2. On a lighter note, if the government wants thoughtful inputs on Punjab, the Editor is always there.
Separatist sentiment in elements of the diaspora is one facet. Till recently, there was satisfaction that there is calm in Punjab, Now some tough news coming from the state as well,. 2. On a lighter note, if the government wants thoughtful inputs on Punjab, the Editor is always there.
It is a competitive spiral. Downwards. In Delhi, all of AAP’s populist schemes are being continued, with add ons.