Liberty is not accepted in India as the ultimate goal of political systems. This is why, for instance, there is so much paranoia about foreign investments, wrote economist Ashok V Desai in 1995.
RBI data shows 26 states and Union Territories couldn’t regain pre-pandemic foreign tourist footfalls in 2024, but domestic tourism surged 27 percent compared to 2019.
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.
Very difficult to undo a bad decision after it has been taken. The banks were nationalised in 1969. No succeeding government has made a serious effort to undo it. Mainly because it is fun to have control over such a vast pool of captive savings which have not many safe alternative outlets. Partly also because it would be seen as going against the interests of the poor. 2. Demonetisation is in a league of its own.
Very difficult to undo a bad decision after it has been taken. The banks were nationalised in 1969. No succeeding government has made a serious effort to undo it. Mainly because it is fun to have control over such a vast pool of captive savings which have not many safe alternative outlets. Partly also because it would be seen as going against the interests of the poor. 2. Demonetisation is in a league of its own.