After backing down on the land acquisition bill in the first term and on farm laws in the second, Modi seems to have lost the appetite for reforms in the third.
While Modi 2.0 went flat out with legislative changes, implementing its political agenda, Modi 3.0 is more focused on schemes and projects and less on its political goals.
Omar Abdullah being a key rival to the Indian PM in Kashmir also makes international news, as do the demonstrations taking place in Kenya against Adani Group.
Budget 2024: Apart from revising income tax rate structure, FM also proposed the abolishment of angel tax for start-ups, and unveiled big sops for Bihar and Andhra Pradesh.
While a senior IAS officer argued that educational qualifications play key role in domain expertise, an ex-finance secy says what secretary-level officers learn on ground matters far more.
With a favourable macro-fiscal backdrop, the finance minister can use the additional fiscal space to either hasten the path to consolidation or support the sectors with subdued growth.
BJP leadership is smart enough to recognise how vindictive CBI arrest of Arvind Kejriwal or Delhi L-G permission to prosecute Arundhati Roy looks. But it doesn’t care. The message is clear: will come after you and will get you somehow.
Sector analysts warn that with Go First expected to remain grounded & SpiceJet struggling, industry is likely to consolidate to just 2-3 player market, hampering competition.
Canadian Sikhs holding a mock trial of Modi to 'hold India accountable' for Nijjar's death & India hurrying to counter China's dominance in cobalt supply chain make global headlines.
‘The tirade against capitalism is wholly unfounded. Capitalism as it has shaped during the past quarter of a century is a far better method of developing the economic resources of any country,’ wrote DN Hosali in 1956.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
India certainly does not need more government power in the form of land acquisition or farm laws. The need is for laws to empower individuals to manage and dispose of their assets including agricultural land. The need is to remove laws that prevent this from happening.
Modi has no interest in growing India’s economy. He would rather keep Indians poor so he can win votes by distributing ‘revadis’. He wants voters to be supplicants rather than becoming proud and independent. Meanwhile he will ensure that India kowtows to China and the US.
Take one item, important for the economy. Power sector reforms. Directly related to making Indian manufacturing globally competitive. Also at the heart of India’s ( faster ) transition to renewable energy. It started with UDAY, for the discoms are financially stressed. Ten years later, political parties are competing with each other to offer free ( or almost free ) power to farmers, less well off households. 2. When prominent business houses got into the power sector, including renewables, I was optimistic that they would induce the government to undertake much needed reforms, led by rational pricing of power, on which their profitability and growth would depend. Somehow even that has not happened.
Nandan Nilenki should focus on his own company. In the last 5 years, the quality of work which Infosus gets is more and more low end. No involvements in any of the high end AI or Data science based projects.
Here are also some interesting things:
The average time to get a travel approval is 2 weeks. The time taken to settle travel bills and other claims are anything from 4 to 6 weeks. Atleast 40% of the projects are in red category – which means Infoys can be killed out by the companies any time
India certainly does not need more government power in the form of land acquisition or farm laws. The need is for laws to empower individuals to manage and dispose of their assets including agricultural land. The need is to remove laws that prevent this from happening.
Modi has no interest in growing India’s economy. He would rather keep Indians poor so he can win votes by distributing ‘revadis’. He wants voters to be supplicants rather than becoming proud and independent. Meanwhile he will ensure that India kowtows to China and the US.
Take one item, important for the economy. Power sector reforms. Directly related to making Indian manufacturing globally competitive. Also at the heart of India’s ( faster ) transition to renewable energy. It started with UDAY, for the discoms are financially stressed. Ten years later, political parties are competing with each other to offer free ( or almost free ) power to farmers, less well off households. 2. When prominent business houses got into the power sector, including renewables, I was optimistic that they would induce the government to undertake much needed reforms, led by rational pricing of power, on which their profitability and growth would depend. Somehow even that has not happened.
Nandan Nilenki should focus on his own company. In the last 5 years, the quality of work which Infosus gets is more and more low end. No involvements in any of the high end AI or Data science based projects.
Here are also some interesting things:
The average time to get a travel approval is 2 weeks. The time taken to settle travel bills and other claims are anything from 4 to 6 weeks. Atleast 40% of the projects are in red category – which means Infoys can be killed out by the companies any time