All budgets are associated with a sense of resources being scarce and there being trade-offs among competing ends. However, unlike individuals or organisations, government budgets are different. The most obvious reason is that the government constitutes a huge part of the economy. For example, in the latest budget, government expenditure is 13%, an...
"The Gujarat Model" is back in the news as the election in the state approaches. Elections in a major state like Gujarat are important anyway, but in this instance, there is an added factor: Narendra Modi's rise to the national stage was entirely based on the supposed success of the Gujarat Model under his Chief Ministership for 13 years.
If anyone had to write a book with the word jholawala in the title, that would have to be Jean Dreze, because whatever you might think of his views, he is the uber-jholawala, or to paraphrase ustadon ke ustad, the jholawalon ka jholawala.
No violent act is justified, whatever may be the underlying factors, and we must treat a murder as a murder, a terrorist attack as a terrorist attack, a lynching as a lynching, and a riot as a riot, irrespective of the identities of the victim and the perpetrator.
According to news reports, the top seven IT companies, which together employ 1.24 million people, will cut their workforce by 4.5% in 2017. In the last few weeks itself, thousands of IT workers have been laid off.
It seems that from beef to booze and from books to babies through surrogacy, lately our government (both at the central and state levels) is engaging more in ''ban ki baat", as opposed to "mann ki baat" with its citizens.
The British voters voted, by a margin of 52% to 48%, for the exit from the EU, referred to as Brexit. Thanks to the referendum, we will be witnessing the unique phenomenon of an electorally engineered recession in a major economy.
The challenge is to reform and revitalize the welfare state in the era of globalization, and put as much emphasis on enabling the poorer sections of the population from taking advantage of the opportunities that globalization offers as with attracting trade and investment. The answer lies in Fixit, not Brexit.
To resurrect itself, the Left has to come up with a brand of politics that is centred around the concerns of the millions of those who are in the informal sector (like AAP did in Delhi) and concrete welfare schemes for the poor that can compete with TMC's policies. Otherwise, there will be nothing left of it.
Wherever one's political sympathies lie, most would agree that what seemed a few months ago like an easy walkover for the ruling Trinamool Congress (TMC) in the ongoing assembly elections in West Bengal has turned into an engrossing electoral battle.