Perhaps BJP thinks economic recovery will happen before the next general elections. But this assumption can come unstuck if current directions are not reversed.
'In Service of the Republic' by Vijay Kelkar & Ajay Shah discusses importance of individual & economic freedom to achieve sustainable economy for next 30 yrs.
Europe and Ukraine’s agencies are crucial. Steering the Alaska talks bilaterally between the US and Russia will foil the outcomes before they even start taking effect.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Political agenda of BJP are not strictly linked to the economic deceleration, though one can argue that Modi should rather focus on economic issues rather than political one, which are anyway long pending and by their nature will be contentious. However, this is easily said than done and political issues will be sorted out as per priorities set and economic issues are at many beyond one’s control, at least in short term. Of course, there is no doubt that Modi ought to focus equally on economic issues at political level and set clear goals for FM to achieve for many long pending structural reforms. Modi can take as much political benefits by unshackling the country of the cobwebs of the past Nehru-India economic management structure. FM can handle tactical issues linked to fiscal monetary policies but Modi has to provide strong political cover for basic structural reform. This brooks no delay, whether BJP returns to power or not in 2024, as India can no longer wait for them, especially after wasted 10 year of MMS.
The CAB and management of economy are not ‘and’ decesions but ‘or’ decesions. CAB was meant to take Indians to the salaberous climes of natonalisim, have them forget their economic crisis as Modi-Shah could think about the next rabbit they would pull out of the hat.
Looks like CAB will lead to its own morass. And the economy, less spoken the better.
What a genius comment vinu. Economic management is all about making aloo cheaper it seems. Moderate inflation can be tolerated if core sectors of the economy grow much faster than inflation. Now we have inflation of 5.5 percent which is higher than growth which is 4.5.percent. No global economist even believes this 4.5 percent growth number either. It’s more like 2.5 percent or 3 percent at best. And pray what is the objective of this great hindutva project? You are an idiot if you think countries who are founded on a religious premise are prosperous. Not unless they have one natural bounty like oil. They one can be medieval like Saudi Arabia and still.prosper. We don’t have that luxury. High Economic growth for 20 years straight is the only way ahead for India to prosper. Everything else is just dope sold by wily salesmen.
For some time, the conventional wisdom was that the national election was becoming a sum of state elections. That may happen once again. The safety cushion provided by having one towering figure to which the Opposition, even coming together, as it tried earlier this year, could not measure up may wilt in the harsh, unforgiving glare of what we should no longer fear to call a collapse of the economy. 2. Article 370, Ram Mandir, UCC are all bound up by an antipathy towards the minority community. That has been turbocharged with Pakistan, as National Interest this week explains. That is not a positive, constructive agenda for the country’s one billion Hindus. They are bleeding, along with everyone else, in this economic winter.
Doom sayers never questioned crony caoitalism of tatas or reliance..also never admonish or single out industrialistts for their illgotten wealth and lack of integrity in siooning off bank funds ..why single out modi sitaram and shah
The way things are going, a big crash is inevitable. It’s not far off. One of the most beautiful things about the 2000-2015 period was the exuberance (at times irrational – with apologies to Greenspan) that was evident in India. There was a sense of optimism. All that’s gone under the BJP.
They have sucked the fun out of life. And that’s also affecting the economy.
If you know how to make pakoda, all you do is peddle pakodanomics. Why blame the pooe chap. That is all he knows and does.?
Political agenda of BJP are not strictly linked to the economic deceleration, though one can argue that Modi should rather focus on economic issues rather than political one, which are anyway long pending and by their nature will be contentious. However, this is easily said than done and political issues will be sorted out as per priorities set and economic issues are at many beyond one’s control, at least in short term. Of course, there is no doubt that Modi ought to focus equally on economic issues at political level and set clear goals for FM to achieve for many long pending structural reforms. Modi can take as much political benefits by unshackling the country of the cobwebs of the past Nehru-India economic management structure. FM can handle tactical issues linked to fiscal monetary policies but Modi has to provide strong political cover for basic structural reform. This brooks no delay, whether BJP returns to power or not in 2024, as India can no longer wait for them, especially after wasted 10 year of MMS.
The CAB and management of economy are not ‘and’ decesions but ‘or’ decesions. CAB was meant to take Indians to the salaberous climes of natonalisim, have them forget their economic crisis as Modi-Shah could think about the next rabbit they would pull out of the hat.
Looks like CAB will lead to its own morass. And the economy, less spoken the better.
When drunk with communalism who cares about economy.
What a genius comment vinu. Economic management is all about making aloo cheaper it seems. Moderate inflation can be tolerated if core sectors of the economy grow much faster than inflation. Now we have inflation of 5.5 percent which is higher than growth which is 4.5.percent. No global economist even believes this 4.5 percent growth number either. It’s more like 2.5 percent or 3 percent at best. And pray what is the objective of this great hindutva project? You are an idiot if you think countries who are founded on a religious premise are prosperous. Not unless they have one natural bounty like oil. They one can be medieval like Saudi Arabia and still.prosper. We don’t have that luxury. High Economic growth for 20 years straight is the only way ahead for India to prosper. Everything else is just dope sold by wily salesmen.
For some time, the conventional wisdom was that the national election was becoming a sum of state elections. That may happen once again. The safety cushion provided by having one towering figure to which the Opposition, even coming together, as it tried earlier this year, could not measure up may wilt in the harsh, unforgiving glare of what we should no longer fear to call a collapse of the economy. 2. Article 370, Ram Mandir, UCC are all bound up by an antipathy towards the minority community. That has been turbocharged with Pakistan, as National Interest this week explains. That is not a positive, constructive agenda for the country’s one billion Hindus. They are bleeding, along with everyone else, in this economic winter.
No money, no funny, no happy = economy affected. Nice. Just the eureka moment I was looking for on a listless Saturday morning!
It’s hilarious to read articles, even by respected men like Ninan, imploring the Govt to focus on the economy rather than Hindutva.
Hindutva project is not about making aaloo Rs 5 cheaper in Bazaar. Anyone who thinks otherwise has no knowledge of this gigantic undertaking.
Doom sayers never questioned crony caoitalism of tatas or reliance..also never admonish or single out industrialistts for their illgotten wealth and lack of integrity in siooning off bank funds ..why single out modi sitaram and shah
The way things are going, a big crash is inevitable. It’s not far off. One of the most beautiful things about the 2000-2015 period was the exuberance (at times irrational – with apologies to Greenspan) that was evident in India. There was a sense of optimism. All that’s gone under the BJP.
They have sucked the fun out of life. And that’s also affecting the economy.
Yes the fun in life is gone. No optimism at all.