Is the Curse of Inflation Over?
The upcoming budget, the government’s priority should be not just the lowering of the rate of inflation but steadying the prices of essential items that the poor consume.
Category Centres
Indian Rural Economy: A Closer Look at the Issues
This marginalization of the rural economy is a result of the policymakers’ focus being on the organized part — the modern part of the economy. Modernization of the economy has been taken to be the copying of western modernity. India has not attempted its own modernity suited to the needs of the vast majority living in rural areas. No wonder the agriculture sector which provides the most important item of consumption — food — has been marginalized.
From Zero COVID to Zero Control: The Xi Way
Xi’s revenge ‘you are on your own now’ policy came following nationwide protests in late November against Xi’s oppressive ‘Zero Covid’ policies.
Farm Subsidies: A Need for Remodeling
Market-distorting fertilizer/power subsidies must go.
The India-Egypt Ties: An Economic Perspective
Consistent with India’s new generation of intertwined economic and security agreements to facilitate its emergence as one of the major powers, India has invited President El Sisi of the Arab Republic of Egypt (henceforth Egypt), as a Chief Guest for the Republic Day celebrations on January 26, 2023. There is significant scope for mutually beneficial cooperation in international trade and in macroeconomic and fiscal management between India and Egypt, an influential nation of over 100 million people, straddling Asia and Africa, as explained below.
The Urban Land Crisis: Haldwani Case and Beyond
The Haldwani case presents a classic case of answerability to the poor by various development authorities who have designed and planned cities in the past.
Supreme Court Decision on Demonetization
A flawed process led to erroneous policy which is counterproductive and which resulted in not only damage to democracy but to huge adverse impact on the public, especially the poor. The process by which a policy is arrived at, also determines the outcomes. Can it then be said that the process was legal, even if formally, so the achievement of the objectives does not matter? The Supreme Court’s majority judgment on demonetization is based primarily on the premise that demonetization had a `reasonable nexus’ with the objectives sought to be achieved.