Ventures by Japan, South Korea and Taiwan illustrate how the race for REE security is accelerating, powered by both geopolitical tension and industrial strategy.
ThePrint had previously reported that India & Russia are talking about 5 more regiments of the S-400, but no contracts are to be signed during the Russian president's visit.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
NYAY or Nyunatam Ay Yojana, guaranteeing minimum income to rural folk, proposed by Congress to the voter before the General Election of 2019 seems to be a very good scheme to improve buying power of rural folk. A total annual income of Rs. 72,000/- for every family in rural India would have worked well to boost the income of farmers thereby boosting economic demand of the rural India. This scheme was said to be based on the advice of Dr. Abhijit Banerjee, the Nobel Laureate. The BJP government should pursue this scheme in the rural area forgetting its partisan spirit because the scheme was mooted first by its political rival Congress. This scheme would help India to boost demand in the rural economy. This would be a more effective step than giving tax reduction to Corporate enterpreneur in which case there is no guarantee that the surplus derived would be reinvested by the Corporate player.
I have no wish to enter into a debate on the merits of the Nobel Committee nor on the relative merits of the subject – the difference between practice vs percept. The main issues that has overwhelmed me since the Asian Flu of 1998 are (1) measurement/definition of poverty and (2) a historical perspective as to why poverty at all exists. My search has not led me to an answer despite the financial crisis of 2008 and the looming recession the world over. Somewhere down the line – microeconomic modelling is at significant difference when scaled to the macroeconomic study. My maid is poor because she cannot afford an apartment and must rent an accommodation in a slum. She does earn Rs 20-k a month but of course can’t afford to send her son to a highly denominated neighbourhood school. Recession will not affect her. But price rise will. So in a micro-economic sense people of this working group are affected socially in a common way. They are certainly not going to be affected hugely by the looming recession, they remained unaffected by the Asian Flu or the financial crisis of 2008. What is the resolution? May I invite a proper analysis of this situation in regard to poverty alleviation.
1. I feel that award of Economics Nobel prize jointly to Abhijit Banerjee, his wife and another economist provides an opportunity to citizen-voters in our country to view things in proper perspective. 2. If I am right, Abhijit Banerjee had given a suggestion to the Congress Party with regard to NYAY or Minimum Income Guarantee Scheme (MIGS). 3. Abhijit Banerjee had suggested a minimum income guarantee of Rs 2500/- per month (Rs 30,000/- annual) per poor person, from “Below Poverty Line” or BPL families. Perhaps such a scheme was a viable proposition but wise leaders of the Congress party increased the income to Rs 72,000/-, per year in Congress party’s manifesto issued just before Lok Sabha (LS) election. 4. Everyone knows what happened to political fortunes of the Congress party in LS election. Ironically, NYAY or MIGS has been quietly dumped by the Congress party after the LS debacle. This kind of quick rejection of NYAY or MIGS clearly demonstrates Congress party’s concern for our country’s poor and Congress leaders’ respect for India’s Nobel laureate Abhijit Banerjee. 5. NYAY or MIGS, with income guarantee of Rs 72,000/-, per year was an empty promise, made without any serious calculation of resources required to pay that kind of money to crores of poor citizens. Needless to say citizen-voters have rejected all such empty promises.
I request ThePrint to do a piece on India’s position in the Global Hunger Index. We are at 103 out of 119 countries.
Please focus on these issues regularly. A lot of our fellow citizens it seems, need regular reminders of where we are, and what we need to be focusing on.
I fully support your request. It is time we avoid or better still ignore useless debates on nationalism, and become true nationalist concerned about uplift of our people.
Any apolitical citizen will cry out aloud about his diminishing buying power after demonetization, GST . Farmers need sustained support not quickies.
Government should heed Mr Baneerjee listen and motivate consumer demand than corporate tax exemptions. See how effective MNREGA and shuld encourage similar schemes
Getting information about the deep concern of the economist and his Indian friends, I recall an incident. Comrade S.M. Banerjee, a trade unionist who represented Kanpur as an independent candidate for several terms in the Lok Sabha, was an orator. He was seen most often in a well-starched dhoti-kurta and looked very much like a typical Bengali “bhadralok” gentleman. Known for his impromptu style, Banerjee’s public addresses drew large crowds. During one such speech, he noticed a daily wage labourer, holding his toddler in his lap, listening with rapt attention to every word. Pausing for effect, Banerjee pointed to the labourer and said, “Look! Our democracy, Prajatantra, Jamhuriyat! This young, poor boy may become the country’s Prime Minister one day! Such is the power of our democracy. It leaves no one behind.”
The daily wage labourer, consumed by this life-changing sentence, did not wait to hear more but ran at frantic speed to his home—a small dilapidated room. He banged on the door incessantly till his wife opened the door and said excitedly to her, “Our boy is going to be the Prime Minister! Our boy is going to be the Prime Minister! Banerjee sahib said so himself!”
The couple spent a joyful evening, revelling in their simple happiness and showering love on their child. As time went by, the labourer failed to pay his son’s meagre government school fee and the boy was put to work as a shoe polisher. All dreams and aspirations lay forgotten to feed the belly.
He offers nothing. Just like all the US Presidents conferred with Nobel Peace Prize, never had any peace to offer. All that they have offered over the decades is war and strife…
He could have achieved the same result of alleviating poverty by opting to remain in India, create job opportunities here with his intellect.
YY and similar ilk are experts in celebrating who move out and pulling down who work here within India.
By the Nobel yardstick for this alleviating poverty, then Swachch Bharat Mission, Ujjwala Yojana have achieved 100 times more in absolute numbers and purpose. Yet, the same intellectuals are busy deriding the government at every available opportunity.
You don’t seem to be condemning the 50000 plus Indian NRIs who have left our land to seek a wealthy and cushy life in the US, and were lauded and praised by our PM!?
But, Mr. Banerjee, who went there to pursue academic excellence and justified it by winning the Nobel Prize is vilified by you?!?! Amazing logic!! Don’t you think we should ask these Rich NRIs to come back and help in creating jobs here…????
“Amazing logic!!” Ha ha.
Well said Pushpa.
Kashmir today is a laboratory for RCTs. Such an immense decision has been taken, with no interaction with small groups of people who will be affected for the rest of their lives, possibly generations, by it. It may not be too late to start many conversations.
NYAY or Nyunatam Ay Yojana, guaranteeing minimum income to rural folk, proposed by Congress to the voter before the General Election of 2019 seems to be a very good scheme to improve buying power of rural folk. A total annual income of Rs. 72,000/- for every family in rural India would have worked well to boost the income of farmers thereby boosting economic demand of the rural India. This scheme was said to be based on the advice of Dr. Abhijit Banerjee, the Nobel Laureate. The BJP government should pursue this scheme in the rural area forgetting its partisan spirit because the scheme was mooted first by its political rival Congress. This scheme would help India to boost demand in the rural economy. This would be a more effective step than giving tax reduction to Corporate enterpreneur in which case there is no guarantee that the surplus derived would be reinvested by the Corporate player.
I have no wish to enter into a debate on the merits of the Nobel Committee nor on the relative merits of the subject – the difference between practice vs percept. The main issues that has overwhelmed me since the Asian Flu of 1998 are (1) measurement/definition of poverty and (2) a historical perspective as to why poverty at all exists. My search has not led me to an answer despite the financial crisis of 2008 and the looming recession the world over. Somewhere down the line – microeconomic modelling is at significant difference when scaled to the macroeconomic study. My maid is poor because she cannot afford an apartment and must rent an accommodation in a slum. She does earn Rs 20-k a month but of course can’t afford to send her son to a highly denominated neighbourhood school. Recession will not affect her. But price rise will. So in a micro-economic sense people of this working group are affected socially in a common way. They are certainly not going to be affected hugely by the looming recession, they remained unaffected by the Asian Flu or the financial crisis of 2008. What is the resolution? May I invite a proper analysis of this situation in regard to poverty alleviation.
1. I feel that award of Economics Nobel prize jointly to Abhijit Banerjee, his wife and another economist provides an opportunity to citizen-voters in our country to view things in proper perspective. 2. If I am right, Abhijit Banerjee had given a suggestion to the Congress Party with regard to NYAY or Minimum Income Guarantee Scheme (MIGS). 3. Abhijit Banerjee had suggested a minimum income guarantee of Rs 2500/- per month (Rs 30,000/- annual) per poor person, from “Below Poverty Line” or BPL families. Perhaps such a scheme was a viable proposition but wise leaders of the Congress party increased the income to Rs 72,000/-, per year in Congress party’s manifesto issued just before Lok Sabha (LS) election. 4. Everyone knows what happened to political fortunes of the Congress party in LS election. Ironically, NYAY or MIGS has been quietly dumped by the Congress party after the LS debacle. This kind of quick rejection of NYAY or MIGS clearly demonstrates Congress party’s concern for our country’s poor and Congress leaders’ respect for India’s Nobel laureate Abhijit Banerjee. 5. NYAY or MIGS, with income guarantee of Rs 72,000/-, per year was an empty promise, made without any serious calculation of resources required to pay that kind of money to crores of poor citizens. Needless to say citizen-voters have rejected all such empty promises.
I request ThePrint to do a piece on India’s position in the Global Hunger Index. We are at 103 out of 119 countries.
Please focus on these issues regularly. A lot of our fellow citizens it seems, need regular reminders of where we are, and what we need to be focusing on.
I fully support your request. It is time we avoid or better still ignore useless debates on nationalism, and become true nationalist concerned about uplift of our people.
Any apolitical citizen will cry out aloud about his diminishing buying power after demonetization, GST . Farmers need sustained support not quickies.
Government should heed Mr Baneerjee listen and motivate consumer demand than corporate tax exemptions. See how effective MNREGA and shuld encourage similar schemes
Getting information about the deep concern of the economist and his Indian friends, I recall an incident. Comrade S.M. Banerjee, a trade unionist who represented Kanpur as an independent candidate for several terms in the Lok Sabha, was an orator. He was seen most often in a well-starched dhoti-kurta and looked very much like a typical Bengali “bhadralok” gentleman. Known for his impromptu style, Banerjee’s public addresses drew large crowds. During one such speech, he noticed a daily wage labourer, holding his toddler in his lap, listening with rapt attention to every word. Pausing for effect, Banerjee pointed to the labourer and said, “Look! Our democracy, Prajatantra, Jamhuriyat! This young, poor boy may become the country’s Prime Minister one day! Such is the power of our democracy. It leaves no one behind.”
The daily wage labourer, consumed by this life-changing sentence, did not wait to hear more but ran at frantic speed to his home—a small dilapidated room. He banged on the door incessantly till his wife opened the door and said excitedly to her, “Our boy is going to be the Prime Minister! Our boy is going to be the Prime Minister! Banerjee sahib said so himself!”
The couple spent a joyful evening, revelling in their simple happiness and showering love on their child. As time went by, the labourer failed to pay his son’s meagre government school fee and the boy was put to work as a shoe polisher. All dreams and aspirations lay forgotten to feed the belly.
He offers nothing. Just like all the US Presidents conferred with Nobel Peace Prize, never had any peace to offer. All that they have offered over the decades is war and strife…
He could have achieved the same result of alleviating poverty by opting to remain in India, create job opportunities here with his intellect.
YY and similar ilk are experts in celebrating who move out and pulling down who work here within India.
By the Nobel yardstick for this alleviating poverty, then Swachch Bharat Mission, Ujjwala Yojana have achieved 100 times more in absolute numbers and purpose. Yet, the same intellectuals are busy deriding the government at every available opportunity.
You don’t seem to be condemning the 50000 plus Indian NRIs who have left our land to seek a wealthy and cushy life in the US, and were lauded and praised by our PM!?
But, Mr. Banerjee, who went there to pursue academic excellence and justified it by winning the Nobel Prize is vilified by you?!?! Amazing logic!! Don’t you think we should ask these Rich NRIs to come back and help in creating jobs here…????
“Amazing logic!!” Ha ha.
Well said Pushpa.
Kashmir today is a laboratory for RCTs. Such an immense decision has been taken, with no interaction with small groups of people who will be affected for the rest of their lives, possibly generations, by it. It may not be too late to start many conversations.
An excellent article. Thanks