Modi is being forced to focus on economy after slowest expansion in 5 years. Revitalising lenders is essential to jump-starting investments & spending.
Last year, S. Jaishankar said ‘history has lessons for an aspiring power: Leverage the dominant, collaborate with the convergent, and manage the competition’.
This will be the first governing council meeting under PM Modi's new government and is expected to address issues concerning water management, agriculture and security.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
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.
It all boils down to one simple fork in the road. For the economy, of course, the most consequential of all, but for foreign policy and so many other areas of governance as well. Either the reelection victory is seen as a stamp of approval by all Indians for all that was done – or not done – during the last five years or a heaven sent opportunity to make major course corrections, almost an act of deliverance, to do in the next five years what could and should have been done in the first five. In a sense, to deliver between 2019 and 2024 what 2014 to 2024 allowed to be done. I am not holding my breath. The first Budget will more or less set the mould for the next five years.
It all boils down to one simple fork in the road. For the economy, of course, the most consequential of all, but for foreign policy and so many other areas of governance as well. Either the reelection victory is seen as a stamp of approval by all Indians for all that was done – or not done – during the last five years or a heaven sent opportunity to make major course corrections, almost an act of deliverance, to do in the next five years what could and should have been done in the first five. In a sense, to deliver between 2019 and 2024 what 2014 to 2024 allowed to be done. I am not holding my breath. The first Budget will more or less set the mould for the next five years.
To fix the economy socialist Modi needs to implement 1000% free market capitalism.
The author needs to clear up his mind of bias before writing anything, this article has little or no objectivity