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Daily Archives: July 10, 2019

P.M. wants selective bank take-over

The Prime Minister, Mrs. Indira Gandhi, sprung a major surprise to-night [July 9] by sending a note to the Congress Working Committee – through a special messenger from Delhi – more or less associating herself with the Leftist demand for bank nationalisation. When the Working Committee was discussing the draft …

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Losing steam

Markets react negatively to the Budget’s populism and inability to force reforms Many investors who were hoping for business-friendly reforms were not too impressed by the maiden Budget of the second Narendra Modi government. After a moderate negative reaction when the Budget was presented in Parliament on Friday, both the …

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Going electric

The budgetary measures can speed upIndia’s plans to switch to electric vehicles The Union Budget has announced a bold move to make a transition to electric vehicles, and offered a tax incentive for the early adopters. Its stated vision to leapfrog into an era of electric mobility and domestic vehicle …

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Global problem, local solutions

Forest dwellers and farmers are the best hope to preserve biodiversity and ensure food security The Dongria Kondh tribe of Niyamgiri Hills are among the best conservationists in the world. Known for the spirited defence of their forested habitat against short-sighted industrialisation, they have through millennia evolved a lifestyle that …

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A pre-election strike on Iran?

Why a purportedly ‘limited’ attack by the U.S. is likely — and worrying Is Iran being set up for a ‘limited scale conflict’ just before the U.S. presidential election? This is a suspicion that might be far from the minds of North and West European leaders, hailing from countries that, …

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More appeasement than justice

Maratha reservation borders on class legislation rather than signifying reasonable classification Under Prime Minister Narendra Modi, the Bharatiya Janata Party (BJP), once considered to be just a party of upper caste Hindus, is beginning to expand its social base. And a party that has consistently criticised the Indian National Congress …

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The malaise of malnutrition

India needs to double yearly rate of fall in stunting cases to achieve its 2022 target A new report, ‘Food and Nutrition Security Analysis, India, 2019’, authored by the Government of India and the United Nations World Food Programme, paints a picture of hunger and malnutrition amongst children in large …

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Pakistan economy needs bold reforms: IMF

Pakistan’s economy is at a “critical juncture” where it needs an ambitious and bold set of reforms, the IMF has said, days after the global lender agreed to give a $6 billion bailout package to the cash-strapped country. “Pakistan is facing significant economic challenges on the back of large fiscal …

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