Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
5Rs per toilet usage is too much for poor India, when 60% earn less than 220Rs per day. India median income is only 100Rs/day.
How can anyone only visit toilet once a day? Any normal one will need at least 5x per day, which work out to be 15~30% of their income, 104x more than the wealthy one paid for using home toilet.
Its higher than taxation for the rich. How ridiculous as the article has pointed out.
5Rs per toilet usage is too much for poor India, when 60% earn less than 220Rs per day. India median income is only 100Rs/day.
How can anyone only visit toilet once a day? Any normal one will need at least 5x per day, which work out to be 15~30% of their income, 104x more than the wealthy one paid for using home toilet.
Its higher than taxation for the rich. How ridiculous as the article has pointed out.
Modi has made a beginning by bringing cleanliness into focus. It will improve with experience.
At least something is better than nothing.