Category Archives: Economy

Democracy adjourned

Bills are stuck. Files are closed. Eyes are shut. Minds are rotting. Welcome to the monsoon session of parliament which has remained paralyzed for 12 days in a row. Tomorrow, the monsoon session gets over. BJP all along said – “The Prime Minister must resign. We won’t let the Parliament function until he does.” What kind of childish parliamentary practice is this? Next time they might as well say – “Voters give us a majority or we won’t allow the legislature to meet.” When did two wrongs become right? Continue reading

A hungry future?

More than half of the children of India who are under four years of age face a debilitating future because of malnutrition. Over 60 per cent of Indian women, irrespective of class, are anemic. In 50 per cent of the 2.1 million annual deaths of children under five years of age, the underlying cause is malnutrition. And then we have inflation. I often wonder where have we gone wrong? What’s the way out? Continue reading

Good news from Girangaon

There is finally good news from Girangaon – the village of mills, the city of gold- you name it. Around seven thousand retrenched mill workers received subsidized homes built by the government on lands that once held the textile mills of Mumbai in which they worked. The homes were allotted based on lucky draw- yes- in a game of fate. Well, fate still awaits the 95% of mill workers who seek justice even today. Continue reading

Third industrial revolution

A country that can design, manufacture and launch Agni V, RISAT-1 and missile defense system certainly has the skills and potential to become a great manufacturing power. Why then, India lags in manufacturing when compared to other Asian countries? While poor level of infrastructure (power, road, and port) remain India’s biggest hurdle for getting into global manufacturing, a huge potential of India remains, untapped. Continue reading

They couldn’t do it

An under-appreciated fact about Indian politics is the influence of women in it. This is extraordinary, especially when we consider the oppression of women in the subcontinent for ages. India’s two major religions – Hinduism and Islam – have in the past been practically hostile to the emancipation of women, when compared to the western cultures. Yet, women power in Indian politics in unmatched. If it has done any good to the country is altogether a different question and must be pondered. Continue reading