In 'Another Sort of Freedom', Gurcharan Das says that one must squarely blame Indira Gandhi for not changing course when Japan, Korea and Taiwan had already shown the way.
The freewheeling conversation between Das and William Dalrymple moved from Partition, Manmohan Singh, Mahabharata, and Margaret Thatcher to AI seamlessly.
Unless India lines up a ‘Plan B’ before Modi govt can nix the model it has come to depend on, the unimpactful attempts to hurt China economically will continue.
The Indian experience so far is that when imports are banned or restricted in the expectation of domestic manufacturers filling in, it almost never — in fact, never — happens.
Exactly 30 years ago, the historic 1991 economic reforms freed up the private sector and removed many trade barriers, unleashing India’s growth potential.
Nobody is safe in a market where competition is stunted and choice limited. For the industry, meaningful reform will have to start with the government itself.
Data shows re-alignment in India’s exports, with Tamil Nadu & Telangana posting strong growth in 2024-25 as traditional heavyweights Gujarat & Maharashtra see declines. Gujarat still leads, though.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
Don’t blame misfortune. This is colossal incompetence and insensitivity. So bad, heads would have rolled even in the old PSU-era Indian Airlines and Air India.
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