Budget of the Few, for the Few
Instead of taking care of critical problems facing the Indian economy, the Union budget 2024–25 seems to be intended to keep international agencies and the organised sector happy, writes Prof. Arun Kumar.
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‘.
RBI Bounty Analyzed
The record dividend paid by the Reserve Bank of India (RBI) to the Union government may not be something to celebrate because, legally, RBI is unlike any other bank
Budget. Lessons missed.
The reprioritisation that was so necessary, by allotting substantially higher funds to cater to the needs of the marginalised sections is not visible in the Budget for 2024-25.
Policy change likely post elections
A change in policies would be good for the nation and Modi, because the alternative would be a government buffeted by crisis and instability.
Criticism is not unpatriotic
The former chief economic advisor's characterisation of criticism against Indian economy as being 'unpatriotic' is in line with the current environment in the country of wanting to show loyalty to the King.
2024 General Elections: Shaping the Future
What is the meaning of ‘mandate’ within India’s constitutional and political schema? Prof. Arun Kumar meditates on this question.
A chastened Narendra Modi has become the Prime Minister of India for a third time. He, along with his large cabinet, took oath on June 9. The mood was sombre, as during the victory celebration at the Bharatiya Janata Party (BJP) headquarters on June 4, because the realisation had dawned that a much diminished National Democratic Alliance (NDA) would form the next government.