What are India’s options in the ‘Brave New World According to Trump’? ‘Modi understands he must make me happy,’ said Trump, in the context of India reportedly reducing oil imports from Russia. Nations must toe the line the US president sets. Or they will pay a price: direct military intervention in the western hemisphere; higher tariffs on exports or some form of sanctions elsewhere.
Here is a wish list of policy reforms that India desperately needs, and will give coherence to what has already been implemented. Some have been promised by the government but have not been delivered. Some merely need to leverage existing policy infrastructure and institutions.
What do you call someone who comes down like a tonne of bricks on ambitious youngsters with career aspirations but crumbles like a cookie in the face of a market-leading company flexing its dominance? The rest of the world terms them bullies. In India, we call them regulators.
India continues to add renewable power generation capacity without any coherent strategy for its full utilisation, often ordering RE generation to back down to maintain grid stability.
Airports are local monopolies, for the most part. Who gets to operate them and on what terms matter to the public at large. Sure, there is a regulator, the Aeronautic Economic Regulatory Authority of India to regulate aeronautical and other charges at any given airport.
TK ARUN Canadian PM’s Davos freedom-from-hegemony speech has been hailed for bold realism; few realise the geopolitical strategy he outlined was called Non-Aligned, from Nehru’s time BRICS is a coalition of the largest emerging markets, striving to expand the space…