Courtesy: Mester Jagels/Flickr
The evident degradation of public areas in India is not unlike the crime-ridden, slovenly New York City of 30 years past. Maybe it’s worth a calibrated try for India to adopt socialist James Q. Wilson’s argument that one broken window means all the windows will be broken, and crime will escalate from there.
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The outgoing Governor of the Reserve Bank of India, D. Subbarao, delivered his last speech – the Nani Palkhiwala memorial lecture – as the head of the country’s central bank on August 29. Aditya Phatak blogs about how he combined tough talk and confession with balance and political sagacity
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Recently, the Indian Parliament passed two key legislations - the Companies Bill and the Food Security Bill. How will these seemingly unconnected legislations together empower technologies and business models that pose serious challenges to building a market economy that’s in sync with democratic aspirations?
Courtesy: WikimediaCommons
The economic mismanagement by the ruling UPA in the past few years – by putting politics and polls ahead of economy and prosperity, and slavish obedience to political masters – has created an environment of crisis and desperation in India. Where did the country’s so-called economic ‘dream team’ go wrong?
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While the rejection by Odisha’s Gram Sabhas of mining projects in the state indicates the triumph of direct democracy, concerns that international investors will shun India due to the fear of unfavourable conditions are rife. How can we work towards both greater democracy and mining projects necessary for growth?
Tarun Kataria, CEO, Religare Capital Markets India foresaw the decline of the rupee to the 60 mark against the U.S. dollar several months ago. He speaks to Gateway House’s Manjeet Kripalani about the impact the rupee crisis will have on the economy and consumers and how the government can reverse the situation
For the first time since 1947, Pakistan, on May 11, succeeded in transitioning from one elected government to another. Gateway House interviews Arun Nanda, Director, Mahindra Group, on the prospects of India-Pakistan trade in the new political environment.
Courtesy: Press Information Bureau
The government, knowing well what the markets wanted, ensured that there were no surprises for the 2013-14 budget by forecasting a fiscal deficit of 4.8%. A closer look at the math, however, reveals a different story.
The World Economic Forum on India projected a grim reality with corporates wearing the Non-Resident Indian cloak and reprimanding the government for its policies. After participating in a panel at the Forum, Manjeet Kripalani gives her account of the WEF and the need for new heroes to take charge in India.
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All the major economic forces in the world have come together in Africa in a new version of the Great Game. The competition for the continent’s resources will ultimately harm Africa unless Africa uses this opportunity to its advantage and to address its own serious problems.
