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70 Policies — Development Finance Institutions, 1948
Aug 02, 2018

70 Policies — Development Finance Institutions, 1948

In their new avatars, ICICI Bank and IDBI Bank command the size and scale to repeat that performance for household finance, while IFCI is teetering un

70 Policies — Essential Commodities Act, 1955
Aug 03, 2018

70 Policies — Essential Commodities Act, 1955

At a time when India was emerging from the aftermath of Partition and shortages, the objective of this Act was to protect citizens from exploitation b

70 Policies — Factories Act, 1948
Aug 01, 2018

70 Policies — Factories Act, 1948

The Factories Act ensures that working conditions of Indian labour are humane and entitles them to protection against loose processes.

70 Policies — Industries (Development and Regulation) Act, 1951
Aug 02, 2018

70 Policies — Industries (Development and Regulation) Act, 1951

The law declared “in the public interest” — a term that would get echoed over the next five decades for several laws and policies, to mean the c

70 Policies — Minimum Wages Act, 1948
Aug 01, 2018

70 Policies — Minimum Wages Act, 1948

Through the Minimum Wages Act, the Parliament declared that governments — not economic agents — would decide the amount of wages paid.

70 Policies — Nationalisation of Air India, 1953
Aug 02, 2018

70 Policies — Nationalisation of Air India, 1953

If airlines symbolised the travel of the rich, they should logically have been banned altogether or taxed heavily. Instead, the government nationalise

70 Policies — Nationalisation of Banks, 1969
Jul 19, 2019

70 Policies — Nationalisation of Banks, 1969

“Nationalisation,” Indira Gandhi proclaimed, “is necessary for the speedy achievement of these objectives.”

70 Policies — Nationalisation of Life Insurance, 1956
Aug 04, 2018

70 Policies — Nationalisation of Life Insurance, 1956

While the ostensible reason for nationalisation and the obliteration of all competition was unfair practices of the companies and the protection of po

70 Policies — Oil and Natural Gas Division, 1955
Aug 03, 2018

70 Policies — Oil and Natural Gas Division, 1955

Intermingled with ONGC’s corporate structure was India’s strategic goal of energy security, the route to which was through global acquisitions.

70 Policies — Planning Commission, 1950
Aug 02, 2018

70 Policies — Planning Commission, 1950

An analysis of the agenda papers and records of the first 50 meetings indicates the dominance of a central economic thought, articulated by the prime

70 Policies — State Bank of India Act, 1955
Aug 03, 2018

70 Policies — State Bank of India Act, 1955

Through the six decades of SBI’s presence, the initial objective of extending “banking facilities on a large scale, more particularly in the rural

70 Policies — The 93.5 Percent Marginal Rate of Taxation, 1971
Aug 07, 2018

70 Policies — The 93.5 Percent Marginal Rate of Taxation, 1971

The intellectual framework for high taxes was set by Finance Minister C.D. Deshmukh in his 27 February 1953 Union Budget speech, where he set up the T

70 Policies: A treatise on the evolution of India’s political economy
Aug 24, 2018

70 Policies: A treatise on the evolution of India’s political economy

Focused primarily on the Indian economy, Gautam Chikermane's new book, 70 Policies, also explores the impact of external influences — legal, politic

8 windows to view India’s economic reforms: Past, present and future
Jul 24, 2021

8 windows to view India’s economic reforms: Past, present and future

Even though Socialism as a failed philosophy stares us in the face, India’s Constitution continues to Preamble all Articles through it. Perhaps, tha

8th NPT Review Conference: A damp squib
Jun 02, 2010

8th NPT Review Conference: A damp squib

The Eighth Review Conference( Revcon) of the Non Proliferation Treaty ( NPT) at New York narrowly eked out a victory from the jaws of defeat before its close on May 28, 2010.

@realDonaldTrump: A brief history
Jan 11, 2021

@realDonaldTrump: A brief history

The rise and fall of a social media handle that went up in smoke, less than 12 years old.

A battle between the known and the unknown in Argentina
Nov 10, 2023

A battle between the known and the unknown in Argentina

Argentina stands at a defining crossroads as it goes to the polls amid economic woes

A bitterly fought Election exposes the divisions within the Union
Jul 27, 2012

A bitterly fought Election exposes the divisions within the Union

The recent 19th AU Summit was dominated by the drama of the election for the post of the Chairman of the AU Commission. Many analysts feel that the fight for the post has divided the Continent and done a great deal of damage to African Unity.

A blueprint to evaluate digital governance
Apr 18, 2013

A blueprint to evaluate digital governance

Sooner than later, India will have to start evaluating its e-governance projects. And in the near future, the focus will shift to the outcomes of e-governance initiatives.

A BRICS-only arbitration forum will not be the panacea imagined
Sep 09, 2016

A BRICS-only arbitration forum will not be the panacea imagined

An increasing number of businessmen in BRICS' countries favour arbitration over overburdened litigation systems in resolving domestic disputes.

A bridge across the Palk Strait
Jan 28, 2015

A bridge across the Palk Strait

Earlier during his stint in office nearly 10 years back, Ranil Wickremesinghe had mooted the idea of building a bridge - literally - across the Palk Strait, linking his country to India. Now that he is back as prime minister and as part of a 'cohabitation arrangement' but through political consensus, unlike in the past, the two governments could consider reviving the proposal for mutual and greater benefits.

A brief history of India’s Interim Budgets
Jan 29, 2024

A brief history of India’s Interim Budgets

On 1 February, Finance Minister Nirmala Sitharaman will make her most important political economy speech

A Budget to steady the ship
Jul 11, 2014

A Budget to steady the ship

There were no big reforms and no major policy turnarounds in the Union Budget presented by Finance Minister Arun Jaitley. It was a budget of small and tentative steps to help steady the ship and laid the foundation for big reforms in the months ahead.

A budget ‘like never before’?
Feb 01, 2021

A budget ‘like never before’?

It is for time to tell whether the suggested reforms will lead India to play a prominent role in the post-pandemic economic recovery.

A call to leadership
Jan 14, 2013

A call to leadership

The UPA government has allowed the withering away of the Prime Minister's Office as the ultimate source of authority in policy-making. The latest developments on the Indo-Pak LoC demand that the Congress party focus urgently on revamping the defence establishment and reclaiming the PMO's authority to coordinate national security policy.

A carbon price can rationalise mitigation outlays across technologies
Jul 13, 2023

A carbon price can rationalise mitigation outlays across technologies

India’s decarbonisation plans rest on its ability to generate green energy. Until then, the energy transition path till 2070 will remain at best, a

A Case for the "Devil"?
Apr 14, 2010

A Case for the "Devil"?

Strangely, in Maoist circles there is near nostalgia for Shivraj Patil

A cold handshake
Nov 18, 2013

A cold handshake

As Salman Khurshid pointed out to Sartaj Aziz, Pakistan has to demonstrate its bona fides by putting an end to the large number of incidents on the LoC.

A Commando turns a Statesman?
Apr 19, 2005

A Commando turns a Statesman?

That is the question that should be uppermost in the minds of analysts as they analyse the outcome of Pakistani President Gen.Pervez Musharraf's visit to India from April 16 to 18, 2005, and compare it with his first visit in 2001, which ended in a fiasco at Agra.

A committee to 'administer' a 'market price' for gas
Feb 07, 2013

A committee to 'administer' a 'market price' for gas

Rationing of gas makes the development of a unified gas market impossible. This means the prevalence of a dozen price levels confounding all - buyers and sellers, and investors on both sides. The spin-off leaves India struggling with the most poorly developed gas infrastructure.

A comparison between Lokpal Bills
Dec 01, 2011

A comparison between Lokpal Bills

Even as the debate on the Lokpal Bill hots up with the draft Lokpal Bill of the Government likely to come up before the Parliament during the ongoing session, we present below a shorter comparative analysis of the different Lokpal Bills.

A competent but not breakout Budget
Jul 10, 2014

A competent but not breakout Budget

This was not to be yet another budget speech. It came in the wake of a regime change where the electorate signaled its unhappiness with the direction of the country. Still, the FM came up with a modest Budget. But that is not the promise of the Modi government. The good days promised look far away.

A confrontation over the pandemic’s origin is brewing
Jun 04, 2021

A confrontation over the pandemic’s origin is brewing

US President Joe Biden’s order of a deeper probe into whether Sars-CoV-2 leaked out of a lab is likely to escalate a confrontation with China, which refuses to countenance such a possibility

A convenient handmaiden called freedom
Dec 18, 2012

A convenient handmaiden called freedom

The ruckus at WCIT is all about the cosy relationship between governments, big businesses and commerce and not about Internet freedom.

A Deal too Far?
Mar 02, 2006

A Deal too Far?

On the eve of President George W. Bush's visit to India and Pakistan, both sides are racing to complete the nuclear agreement announced in the July, 18, 2005 communiqué between Bush and Indian Prime Minister Manmohan Singh the time he reaches

A digital direction for BIMSTEC
Oct 05, 2017

A digital direction for BIMSTEC

The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) was formed to foster socio-economic cooperation between its seven member nations – India, Bhutan, Myanmar, Thailand, Bangladesh, Nepal, and Sri Lanka. The group signed a free trade agreement (FTA) in 2004, but the pact is still not operational due to the lack of consensus on certain key issues. Some members like India are keen to finalise the terms of t

A Divided ‘Visegrad Four’ Navigates Relations with the European Union
Oct 03, 2023

A Divided ‘Visegrad Four’ Navigates Relations with the European Union

The Visegrad Four (V4) countries—Poland, the Czech Republic, Slovakia, and Hungary—are examples of communist states that have transitioned to liberal and democratic governance systems. In recent years, their visibility in the European Union (EU) has surged due to their contrarian positions on certain critical issues facing the Union, such as mass migration and, since 2022, the conflict in Ukraine. This paper analyses the impact of these trend

A double-edged sword: China’s model of development partnerships & the Indo-Pacific
Jul 11, 2023

A double-edged sword: China’s model of development partnerships & the Indo-Pacific

With the launch of its Global Development Initiative in 2021, China is looking to recalibrate and redefine its outlook towards development cooperation

A Dream Run Gone Awry? Novavax’s Delay on COVID Vaccine and What It Means for India
May 19, 2021

A Dream Run Gone Awry? Novavax’s Delay on COVID Vaccine and What It Means for India

Novavax started off as one of the strongest contenders, promising 2 billion doses in 2021, despite failing to bring to market a single vaccine candidate in its 34-year-old his-tory.