Saturday, February 4, 2023
HomeThoughtShotSanjaya Baru on altered India-US relations, Ruchir Sharma & Sandipan Deb go...

Sanjaya Baru on altered India-US relations, Ruchir Sharma & Sandipan Deb go to the Oscars

Today’s political, economic & strategic punditry from Sanjaya Baru, Ashok Gulati, Ruchir Sharma, Tamal Bandopadhyay, Prabha Kotiswaran & many others.

Text Size:

Hype Trumps Hope

Sanjaya Baru | Policy analyst and former media advisor to prime minister of India

The Indian Express

Baru explains that US President Donald Trump’s first visit to India comes at a time when the bilateral relationship between the two countries and its mutually beneficial nature stands disrupted.

“It has to be recognised that neither Democratic liberals nor Republican conservatives are any longer willing to be supportive of the Bush-Rice paradigm that views India’s rise in benign and mutually beneficial terms,” he writes. Baru highlights that today, the US-India relations seem to be “caught in the pincers between the inward-orientation of rightwing nationalists in both nations”.

A crisis deferred

Ashok Gulati | Infosys Chair Professor for Agriculture, ICRIER

Sandip Das | Senior consultant at ICRIER


The Indian Express

Gulati and Das argue that the Union Budget missed an opportunity to undertake reforms in the grain management system and the food security act.

“Compared to a buffer stock norm of 21.4 million tonnes, actual stocks with FCI (including unmilled paddy) were 3.5 times higher. It [The Budget] speaks of a colossal waste of scarce resources, especially when tax revenues have been sluggish,” they note.

Ahead of the latest

Pramod Kumar K.G. | Managing director of Eka Archiving, a Delhi-based museum consulting company

The Indian Express

Kumar profiles the late designer Wendell Rodricks, who passed away Wednesday, and explains how he “created an eponymous label that brought a couturier’s precision to resort wear”. He notes how, in the last decade, Rodricks’ was dedicated to preserving Goan culture and heritage. Goa “was his forever muse in all her piquancy, joy and colours”, writes Kumar.

Parasite should embarrass Bollywood

Ruchir Sharma | Author and global investor

The Times of India

Talking about this year’s Academy Award winner for best picture, South Korean movie Parasite, Sharma scrutinises why in the past 50 years no Indian movie has received much international acclaim or rewards.

“Movies flow from popular culture, and ours is obsessed with the cult of celebrity to an extent that corrodes quality. In no other major film industry do the leading stars command a larger slice of movie budgets, leaving producers short on money for scripts, editing, and the rest of the arts that make great films,” he argues.

Thank you Hollywood but spare us your moral lectures

Sandipan Deb | Former editor of Financial Express, and founder-editor of Open and Swarajya magazines


Deb criticises the annual Academy Awards as a platform upon which Hollywood stars make “vague calls for a better world”, for instance “serial offender” Joaquin Phoenix, who bagged the Best Actor Award. Deb points out loopholes in the “wokeness” of the Oscars but also comments on the gender disparity with regard to nominations.

Evaluating the Aadhaar-PDS link

Karthik Muralidharan | Tata Chancellor’s Professor of Economics, UC San Diego

Paul Niehaus | Associate Professor of Economics, UC San Diego

Sandip Sukhtankar | Associate Professor of Economics, University of Virginia

Hindustan Times

The authors state that by linking Aadhaar to the Public Distribution System, many linkages have gone down. However, they note that the exclusions increased as well.

“Results highlight that attempts to reduce corruption can also generate exclusion errors and pain to genuine beneficiaries,” they explain. The authors add, “Our calculations also suggest that the government can make progress on leakage without excluding beneficiaries by introducing reconciliation but not holding dealers accountable for past diversion.”

Tracing the journey, and flaws, of the surrogacy bill

Prabha Kotiswaran | Professor of law and social justice at King’s College London

Sneha Banerjee | Postdoctoral research fellow at the Centre for

Women’s Development Studies, King’s College London

Hindustan Times

Kotiswaran and Banerjee map the various legislative changes the surrogacy bill has undergone over the years and state that “glaring omissions may well tie-up the Surrogacy (Regulatory) Bill in constitutional litigation for years, rendering uncertain (once again) the legal landscape for those who harbour the hope of making families through surrogacy.”

PSU banks not out of the woods yet

Tamal Bandyopadhyay | Author & senior adviser to Jana Small Finance Bank Ltd.

Business Standard

Bandhopadhyay looks at how Indian banks have performed “against the backdrop of tardy credit growth and the threat of new bad loans being created”. With most banks using their resources for NPA recovery, which is “turning out to be the main source of profits”, this is still a “turnaround story that will take a while to unfold”, he writes.

The unintended fallout of RBI’s loose money

Debashis Basu | Editor of

Business Standard

Basu debunks the “fallacious but simplistic and widely-believed theory” that if the RBI cuts rates, banks will be more enthused to lend and this will lead to the economy to “boom”. “That assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,” he argues.

Let’s think afresh about how to govern India’s gig workforce

Nitin Pai | Co-founder and director of The Takshashila Institution,


Pai discusses India’s gig economy and three ways public policy should address it. These include “promoting dignified working conditions” and developing a “social security system… [that] must tap government, corporate and social contributions for insurance and retirement accounts”. Pai also comments on how a gig economy cannot be successful in a “closed economy”, with “barriers to trade, investment and travel”.

Global collaboration continues to elude Huawei

Anurag Viswanath | Singapore-based sinologist, and adjunct fellow, Institute of Chinese Studies, Delhi

Financial Express

Viswanath discusses the global impact of Huawei’s participation in UK’s 5G network given the company’s “coloured” reputation with regard to politics and trade issues. She explains that it could jeopardise the “UK’s post-Brexit trade deal with the US”.

Ball’s not in court’s court

Arghya Sengupta | Research director, Vidhi Centre for Legal Policy

The Economic Times

Sengupta discusses the “quota politics” behind the Supreme Court’s latest judgment on SC and ST reservation with regard to promotions in government jobs. He calls the “current angst” surrounding the judgement “misdirected” and highlights that the debate is also “symptomatic of a felt unease in the manner in which quota politics has unravelled over the past few years”.

Make the data public anyway

Anirban Bandhopadhyay | Associate professor, Karnavati University, Gandhinagar, Gujarat

The Economic Times

Bandhopadhyay also examines the SC judgement on quota in government jobs’ promotions, especially the nitty gritties of the order. He concludes that the “real challenge here is to delink the collection of quantifiable data and the intent to implement reservation”.

Today’s Editorials

The Hindu: Hindu condemns the detention of Dr Kafeel Khan for allegedly making inflammatory speech against the Citizenship Amendment Act at Aligarh Muslim University in ‘Perverse zeal’. It writes that the incident is aimed at inflicting disproportionate punishment on him for expressing political dissent, which is a blot on the country’s democratic credentials.

The Times of India: Supreme Court Justice D.Y. Chandrachud’s address at the Gujarat National Law University on the importance of dissent is a timely and powerful reminder of how the right to dissent is at the very heart of a dialogue-based democratic society. The daily condemns the Jamia library attack by Delhi police, the footage of which went viral recently, and the detention of political leaders under the PSA in Jammu and Kashmir.

Hindustan Times: In ‘Decoding the Crisis in Telecom’, the daily writes about the far-reaching consequences of the recent judgements by the Supreme Court asking the telecom companies to pay Rs 1.47 lakh crore dues. It says that it will result in India’s first major duoplay in a large industry if Vodafone tries to “shut shop’ which will further lead to increased price. Second, it will reduce the incentive of the industry to innovate and third, it could harm the economic opportunities which have flourished due to the boost in the telecom sector.

Subscribe to our channels on YouTube & Telegram

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

Most Popular