Data | Indian manufacturing sector on its way up post COVID-19: Annual Survey of Industries 2021-22
Employment fell marginally in 2020-21 due to the pandemic but gained momentum in 2021-22 with 7 per cent year-on-year growth in the manufacturing sector, according to the Annual Survey of Industries (ASI). “In fact, the estimated number of persons engaged in this (manufacturing) sector in 2021-22 has exceeded the pre-pandemic level (that is 2018-19) by more
SUM AND SUBSTANCE | What broke Paytm?
It was a picture of contrasts. At the Davos World Economic Forum in 2023, Paytm CEO and founder Vijay Shekhar Sharma was asked by the business channel CNBC TV18 about the mood in the “new-economy contingent” he was representing. VSS, as he is commonly known, was asked about the frequent
Karnataka Cabinet Goes to Delhi in Widening Feud over Funding
The issue is whether Karnataka has been getting rightful share in the devolution of funds between the Union and States, not how it spends the fund. It was both dramatic and unprecedented. The entire Karnataka Cabinet and almost all the elected members of the Congress in the State, led by
Is India’s fiscal federalism breaking apart?
Indian federalism is on the verge of a breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And Prime Minister Narendra Modi, who leads the use of a divisive majoritarian agenda for political gains, has attacked the protesters saying
The unsung hero of India’s economic rise might surprise you: Post Office
In the early years of independent India, resource mobilisation was crucial for the planned development of the country. The Indian postal system, through strategic messaging and accessible financial services, played a largely overlooked but significant role in mobilising small savings from millions of citizens, contributing to the country’s socioeconomic development.
SBI’s reluctance to reveal electoral bond data raises concerns about its independence, reliability, and competence
A chain reaction is a series of related events in which each event causes the next one, or a chemical reaction in which each change triggers another. The Supreme Court’s ruling on electoral bonds has been just that. Perhaps unforeseen was the extent of the repercussions the State Bank of
The electoral bonds scheme goes to the heart of the Sangh Parivar’s long-term goal, which is ideological dictatorship
Let us start with four apparently disparate examples. Example 1: Ajay Mishra Teni, Union Minister of State for Home Affairs, is the BJP member of the Lok Sabha from the Kheri constituency in Uttar Pradesh. In October 2021, his son, Ashish Mishra Monu, allegedly drove into a crowd of protesting
INTERVIEW | ADR founder Jagdeep S. Chhokar on electoral bonds: ‘There is a lot still unaccounted for’
Jagdeep Chhokar. | Photo Credit: By special arrangement The Association for Democratic Reforms (ADR) was the lead petitioner in the challenge to the electoral bonds scheme (EBS). It went to court in 2017 when the scheme was first introduced. Jagdeep Chhokar, one of the three founder-members of ADR, is a