Shankkar Aiyar's The Gated Republic, by Harper Collins, will be released on 20 June on SoftCover, ThePrint’s new e-venue to launch select non-fiction books.
The underlying assumption in the Budget’s economic strategy is that the Indian economy appears to have bottomed out and is expected to pick up in 2020-21.
Taxpayers will have to forego Rs 1.5 lakh savings deduction and Rs 2 lakh interest deduction on home loans, among others, to avail new income tax rates.
Smarting from the failures of his Great Leap Forward campaign, which hit the economy hard, Mao launched the 1962 war with India to rally the nation behind him.
While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.
China's People's Liberation Army aims for multiple routes to counter any possible operations by the Indian forces on the southern banks of the Pangong Tso in the future.
Like the car, nothing the party has done to reinvent itself has worked. Only way forward is to offer something looking towards the future, not in image of glorious past.