Great plans for an India-ME-Europe corridor to mimic China’s BRI
By RN Bhaskar
On 9 September, the US While House put out a notification (https://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/fact-sheet-world-leaders-launch-a-landmark-india-middle-east-europe-economic-corridor/). It informed the world the following: “Today, we the leaders of the United States, India, Saudi Arabia, the...
Power generation is as critical to humans as water, education, and healthcare. The government has goofed badly on all these front
At first glance, India has done quite impressively on the power generation front. Statistics from the Central Electricity...
China's problems are becoming viral news. Is the situation that bad?
RN Bhaskar
The Western world and its allies are in a state of funk. They oscillate between aggression and fear – a kind of collective paranoia seldom seen before. They...
Trade requires discussion and consultation. Not unilateral action
RN Bhaskar
The government has been seesaw-ing quite a bit during recent months. Some of them will hurt India in many ways. And there are serious implications for the future of trade and...
Governance: hype, hope, and hell
RN Bhaskar
There is confusion that has gripped many Indians about the fate of the country’s polity and its future.
On the one hand there are eulogies about the enormous potential India holds out.
On the other are...
Policy watch
Is India losing money faster than inbound FDI?
RN Bhaskar
Politicians in India love hyping up this country’s investment story. That means excellent FDI (foreign direct investment) inflows. A good example is the way the Union commerce minister likes to...
Can India grow to #3 in the world by 2028?
RN Bhaskar
Last week, Prime Minister Narendra Modi announced that India would become the third largest economy in the world by the end of his third term (https://indianexpress.com/article/india/pm-modi-india-worlds-top-3-economies-third-term-8862006/). He said he...
Has India eliminated poverty?
RN Bhaskar
Last week, the government proudly declared that it had reduced Multidimensional poverty during the past five years (https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1940125). It claimed that.
13.5 crore Indians escape Multidimensional Poverty in 5 years.
Steep decline in number of...
The hype about India being the most attractive investment destination
RN Bhaskar
Suddenly, there is a rash of announcements proclaiming India to be the best investment destination in the world. Such a view has been echoed by, among others by Outlook...
NBFCs become more relevant to India. Is that a risk?
RN Bhaskar
All of a sudden, there’s renewed interest in what non-banking finance companies (NBFCs) are doing in India. Some are alarmed. Some canny observers are happy. Yet, the whims of...
