India’s middle class is caught in a vortex of economic woes and divisive politics
The BJP is only discussing religion as opposed to the country’s struggling economy. | Photo Credit: K.R. Deepak India is on track to surpass Japan as the world’s fourth-largest economy in 2025, a year earlier than the International Monetary Fund previously projected. If that is the case, India’s booming economy
India’s first opium processing factory in Uttar Pradesh’s Ghazipur stands as a testament to the region’s rich history
The opium factory in Ghazipur | Photo Credit: Anand Mishra India’s first opium processing factory, set up 200 years ago in Ghazipur district, Uttar Pradesh (UP) is now a thing of the past. There was a time, recalls Rudra Narayan Tiwari, a former journalist-turned-taxi-driver from Tiwaripur when the factory, ‘Govt
Lok Sabha Election Results Highlight India’s Jobs Crisis: Lessons from Demonetisation, COVID Mishandling, and Rising Inequality
India has voted. And as we emerge from that occluding corridor of time, there is space to see more clearly. A few grim realities continue to exist. India still has a jobs crisis, households are still struggling to make ends meet, and hate, as we have seen, does not make
India Heatwave 2024: Deaths, Crop Failures, and Economic Impact Highlight Climate Vulnerabilities
In his book The Heat Will Kill You First: Life and Death on a Scorched Planet Jeff Goodell writes; “We simply have not come to terms with it, especially in the way I am describing. It is not how anyone expects to die. In part, it’s because we live in
India’s Booming Forex Reserves: Hidden Risks and Economic Concerns
The influx of foreign capital to India is creating domestic vulnerabilities by causing a credit boom, particularly in retail lending. | Photo Credit: REUTERS Figures on India’s balance of payments in financial year 2023-24, released by the Reserve Bank of India recently, have added to the hype on India’s growth
India’s Path to Developed Nation Status by 2047 Remains Uncertain | C.P. Chandrasekhar
In the search for the next country that will transit from backward to advanced status, India’s name sometimes features. This is partly because the idea has been mooted by Prime Minister Narendra Modi, who promises to make India a “developed nation” by 2047. A country is identified by official agencies
Economic Survey 2023-24: Growth Prospects, China Strategy, AI Impact
The Indian economy is on a strong wicket, despite geopolitical challenges, says the Economic Survey 2023-24 tabled in the Parliament by Union Finance Minister Nirmala Sitharaman on July 22. The Survey, authored by Chief Economic Adviser V. Anantha Nageswaran and his team, is an annual document presented by the government
‘The Dystopian Times’ by Appupen
‘The Dystopian Times’ by Appupen Source link
Budget 2024 Shows That Modi Government Has Not Learnt From Its Electoral Setbacks
The hype around the presentation of the Union Budget is often overblown in India, but it still merits attention. Because it provides an indication of the nature and intentions of the Central government, at least for the year going forward, it is both economically and politically significant. What does this year’s
Narendra Modi’s Grand Rail Vision Speeds Past India’s Poor
In the Union Budget 2024-25 presented in Parliament on July 23, the National Democratic Alliance (NDA) government headed by Prime Minister Narendra Modi allocated Rs.2.652 trillion (lakh crore) towards capital expenditure in the Railways. The sum is a marginal increase of roughly 2 per cent over the revised estimate for