India Insight

The dog days of India’s bizarre summer of politics

June 23, 2011

Perhaps the government’s decision to push back the opening of the upcoming monsoon session of parliament was not the best idea. For as the dog days of the sub-continent’s sweltering summer drag on, the parliament-less politicians sweat from the sublime to the ridiculous in the baking heat.

Should Britain continue its controversial £1bln India aid package?

February 14, 2011

The UK will continue to send more than £1 billion to India over the next four years, despite huge cuts to government spending under London’s Conservative-led coalition government and soaring economic growth in the Asian giant.
Britain's Secretary of State for International Development Andrew Mitchell speaks during a plenary meeting of the 64th General Assembly of the United Nations  August 19, 2010. REUTERS/Lucas Jackson
Andrew Mitchell, the UK’s international development secretary, told the Financial Times on Monday that Britain’s annual £280 million aid payments to India would not be reduced, in spite of the country’s space ambitions, nuclear energy development, soaring numbers of billionaires and its own aid program to many African nations.

Has Congress lost the plot on inflation?

January 14, 2011

“Government Plan To Tackle Prices Is Just Hot Air” screamed the front page of Friday’s Mail Today, as India’s political media lined up to belittle what was billed as a list of anti-inflationary remedies but was robustly rejected as “already failed measures and oft-repeated homilies.”

Survey says doing business in India is tough

November 9, 2010

A big banner of of U.S. President Barack Obama is pictured on a building in Mumbai November 6, 2010. REUTERS/Fayaz Kabli

Even as India Inc celebrates U.S. President Barack Obama’s recognition of the country as a world super power, a recent study by the World Bank presents a contrasting view.

Could Obama’s loss be India’s gain?

November 3, 2010

As the pundits predicted, India will have the inauspicious honour of being the first country to host U.S. President Barack Obama following the largest shift in public support away from an incumbent President’s party in over 60 years.
U.S. President Barack Obama attends a DNC Moving America Forward Rally at Cleveland State University in Ohio, October 31, 2010. REUTERS/Larry Downing

from Tales from the Trail:

Green energy aspirations for Obama’s India visit

October 27, 2010

INDIAWhen Barack Obama heads for India next month, he'll be carrying a heavy policy agenda -- questions over the handling of nuclear material, the outsourcing of U.S. jobs and India's status as a growing economic power, along with regional relations with Pakistan and Afghanistan. But Rajendra Pachauri, the Nobel Peace laureate who heads the U.N. Intergovernmental Panel on Climate Change, hopes the U.S. president has time to focus on clean energy too.

Going global in India’s chaotic way

October 13, 2010

Labourers walk on a flyover in front of the Jawaharlal Nehru Stadium in New Delhi September 25, 2010. REUTERS/Krishnendu Halder

India is globalising, but not the way much of the world wants.

That rather contradictory thought nagged at me one morning during the chaotic Commonwealth Games here in New Delhi.

Urbanisation: threat to Indian economy?

April 27, 2010

India’s current approach to urban development is insufficient for the task and needs an immediate revamp, according to global consultancy McKinsey & Co. INDIA

Budget 2010: Time for annual guessing game

February 12, 2010

It’s a laudable effort that often gets more brickbats than bouquets. This year, when Finance Minister Pranab Mukherjee presents the Union budget in parliament on February 26, he will walking a tightrope between managing ballooning fiscal deficit and supporting economic recovery in Asia’s third-biggest economy.

Why should the government control inflation?

January 21, 2010

A labourer pulls a plastic sheet to cover sacks of paddy from rain at a grain market in Chandigarh January 13, 2010. REUTERS/Ajay VermaThe ‘reform agenda’ understood as ‘market-oriented reform’ or giving more space to market mechanism in food and fuel economy seems to have been held up.