One Nation One Election Will Weaken Democracy
The argument is that repeated polls are expensive and also push political parties towards populistic promises. But the long term benefits they trigger might be greater.
Arun Kumar
Arun Kumar, Malcolm S Adiseshiah Chair Professor, Institute of Social Sciences, New Delhi and author of ‘Indian Economy’s Greatest Crisis: Impact of the Coronavirus and the Road Ahead‘.
Inflation, Interest Rates, and Growth: The RBI’s Tightrope Walk
Acceptance of a limited macroeconomic role of the Reserve Bank of India would legitimise greater government intervention in the economy, making neo-liberal economists unhappy. This is the central reason for not giving up inflation targeting or modifying it to suit Indian conditions, writes Prof. Arun Kumar.
Comrade Sitaram Yechury’s Inspiriting Journey
It is easy for a leader to work with hope when the party is on the rise and things are going well. It is far more difficult to maintain equanimity when the party is in decline. It is not easy to build alliances with those with whom one has ideological differences while maintaining one’s ideology which is contrary to that of the others. As it is, being Left in a capitalist system is difficult at the best of times. Perhaps JNU played a small part in making Sitaram Yechury what he was – an affable democrat who was widely admired.
Teachers Role and Challenges Today
Another Teachers’ Day, and the challenges for teachers and the system of education in India are more than ever before. These are not only micro and macro but also emerging from past mistakes and due to rapid technological changes. Teaching, the mother of all professions, needs to take note and respond urgently.
Markets Destabilised by Whom?
The Hindenburg report pointed out that short selling in Adani stocks was due to cronyism and stock market manipulations. That is what is spoiling the investment climate, not the exposés by Hindenburg reports.
Tragedies and Systems Failure
The legal and policy regime finds itself overwhelmed by an increasingly corrupt system and decrepit society, writes Prof. Arun Kumar.