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At the time of independence from British rule in 1947, India's first prime minister, Jawaharlal Nehru, adopted a mode of governance that came to be known as Nehruvian socialism. State control of industrial production and government interference in all spheres of life came to define this era and,...
As India completes 73 years of independence, agriculture has emerged as a mainstay of the economy. Despite the COVID-19 crisis, Indian agriculture is poised to grow by an estimated 3% in 2020-21. Shaktikanta Das, the governor of the Reserve Bank of India (RBI), has acknowledged that agriculture...
The reason for the China-India standoff in the Galwan Valley may not be the oft-mentioned construction of the Darbuk-Shyok-Daulat Beg Oldie (DSDBO) road. The new thoroughfare improved Indian logistics in the Ladakh area, meaning that supplies and troops can be deployed with far greater speed....
For years, India suffered from what came to be called the “Hindu rate of growth” — a result of Jawaharlal Nehru’s policy choices. India’s first prime minister had a fascination for the Soviet Union and championed socialism. In India, this socialist economic model was incongruously...
Most businesses perish not because of strong competition or adverse macroeconomic conditions but because of cracks within. One such failing is weak corporate governance. For publicly listed companies, this often translates to controlling shareholders or “promoters” pursuing policies and...
The 12th anniversary of the November 26, 2008, Pakistan-sponsored terror attacks in Mumbai is an apt occasion to evaluate not only India’s struggle against terrorism but also how other major countries have dealt with this menace. Nine gunmen traveled from Karachi to Mumbai by boat to unleash...
According to the Centre for Monitoring Indian Economy, India faces a serious decline in employment due to the COVID-19 crisis. An estimated 122 million people lost their jobs during the first quarter of 2020. Streams of migrant workers returned to their villages — often the only fallback option...
When Alexander the Great marched into Phrygian, the capital of Gordinium, in 333 BC, he was told that an oracle had declared that any man who could unravel the Gordian knot — deemed impossible to untangle — would rule over Asia. After wrestling with the knot for a time with no...
Afghanistan has been engulfed in bloodshed and confusion for decades. The deal between the United States and the Taliban signed on February 29 in Doha, Qatar, has added more tension to the conflict by creating competition among anti-government militants. Groups such as the Islamic State...
After decades of dithering, India has finally opted for American-led security architecture in Asia. In the latest US-India 2+2 meeting of foreign and defense ministers, the two countries concluded a fourth foundational agreement. The four key agreements between the United States and India to date...
It was instructive that probably the most consequential event in the life of the Indian Republic merited nothing more than three pro-forma single-sentence references to “epidemics and pandemics” in the recently-adopted National Education Policy 2020. The policy must have been discussed and...
