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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...
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...
Mao Zedong once stated that “Women hold up half the sky.” This has been particularly true over the past months with COVID-19 wreaking havoc across the globe. In fact, it is legitimate to claim that during the pandemic, women have held up significantly more than their share of the sky. Anyone...
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...
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...
The union cabinet of the government of India recently announced its 2020 National Education Policy (NEP). This is the first education policy developed by a non-Congress party government since independence. Coming 34 years after the last formulation of a fully-fledged education policy, Indians...
