To every economic policy, we must apply the acid test—how far will it bend our people to fruitful ends and how far will it dissipate them in coping with a bumbling bureaucracy, Palkhivala wrote in 1977.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
The results of the CES 2022-23 showed a dramatic decline in poverty. It didn’t take long for economists to identify the problems: a faulty methodology and the lack of transparency.
We shouldn't feel the need to go to such lengths to ensure fairness. UPSC pursuit must be driven by better reasons, not by fear of exclusion, marginalisation, or desire for privileges.
Malema's pledge to redress persistent racial and economic disparities resonates with his constituents which include tens of thousands of unemployed, disenfranchised urban Black youth.
As per findings of the HCES 2022-23 conducted by NITI Aayog, less than 5% of Indians are now expected to be below the poverty line and extreme destitution has almost gone away.
The long-run income inequality dynamics in India over the period of 1951-2022 has seen an increasing graph of the share of the top 10% population touching nearly 60% in recent years.
At one point, India was the leading developing country that created a statistical system to monitor living standards. But today, there is rank confusion.
On 29 May 1951, Jawaharlal Nehru defended adding 'reasonable restrictions' to Article 19, arguing that free speech must be balanced with national security and unity.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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