Political authority and economic power are now concentrated in the hands of ministers and bureaucracy. Democracy is bound to degenerate into dictatorship, wrote MA Master in August 1960.
PSUs were generally considered a drain on government resources. However, things have changed dramatically under the Modi Government. This is evident from several metrics.
CBI FIR, filed Wednesday, came more than three years after the agency opened a preliminary enquiry into allegations of collusion between JNPT officials and some private firms.
Ministry of Finance also informed Parliament that from 2023-24 onwards, it has stopped providing targets in budget for how much it expects to receive through disinvestment.
If the government believes in value creation as a strategy for the public sector, it needs to urgently do something more than just infusing additional equity.
If the reason why PSU privatisation is politically challenging is that the people are swayed by emotional arguments, then it is incumbent on the government to work on its communication
Political satire is indispensable to democracy, racial caricature isn’t. If Europe’s liberal press still cannot tell difference, then decolonisation never happened in their imagination.
PM-EAC paper says overhaul of Investor Education and Protection Fund Authority system sharply improved processing speed and reduced paperwork for investors.
While India yet to set in motion theaterisation of armed forces, China's military reforms combined China’s Army, Navy, Air Force and Rocket Force aimed at regional dominance & tight political control.
Pakistan has ended up losing every war against India but that hasn’t prevented it from claiming victory. We will go over the evidence to anticipate what to expect next.
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