For two and a half decades, India has stumbled and dithered with its submarine development programmes. A combination of structural inefficiencies, budgetary changes, tendering problems, delays, and institutional ad-hocism have hindered India’s submarine manufacturing ambitions. It is now time for India to reinvigorate its arc on submarine building.
Small enterprises need a rating agency to rate big companies that treat them like dirt. And that rating impact the big company's reputation, credit-rating score and ESG rating. The rating agency should also rate GoI and state governments for revealed, as opposed to claimed, ease of doing business, depending on how fairly government departments and state-owned enterprises transact with small companies.
On 15 August 1947, when India gained Independence, it was a weak nation with enormous diversity. Many in the Western world had forecasted its doom and had professed that it was bound to disintegrate. Consequently, the founders of modern India in the initial years focused on keeping India together and took steps that would strengthen Indian nationalism.
Give me a place to stand, and I will move the earth, declared Archimedes. Of course, he needed a long enough lever and a fulcrum, too. Prime Minister Narendra Modi does not ask for anything, puts no conditions, to work his miracles. Speaking of himself in the third person, as is the wont of Kings and little children, Modi declared that Modi would deliver the Independence Day speech next year, too, as well as the report card of progress every year for the next five years.
Critics argue that the Bill will pose huge fiscal challenges and therefore it may produce cosmetic changes only. But tackling poverty and unemployment requires political will.
The multidimensional poverty report released by the National Institution for Transforming India (NITI Aayog) suffers from gaps and opens the door for suspicion when we consider several data of the preceding years, including the pandemic years.
A constructive response to the atrocity in Manipur is to shun the politics that pits communities against one another.