Tag Archives: India

India has a different concept of democracy and liberalism than America and Indian traditions and values are different from America's. This is true of other democracies, such as Russia.  These differences are often not understood or appreciated by the US and this leads to disappointment, pressure and even conflict. There is more than one way to be free, and imposing a particular view of liberalism is illiberal. OUP BlogOur Time Has Come: How India is Making Its Place in the World...

India appears to be more divided than the US. There is also an economic component to it. Scroll.in India heading towards civil war, riots have entered home, says Kanhaiya Kumar Staff

In the context of the New Great Game in Eurasia, the New Silk Roads, known as the Belt and Road Initiative (BRI), integrates all of China’s instruments of national power – political, economic, diplomatic, financial, intellectual and cultural – to shape the 21stcentury geopolitical/geoeconomic order. BRI is the organizing concept of China’s foreign policy for the foreseeable future; the heart of what was conceptualized, even before President Xi Jinping, as China’s “peaceful rise.” The Trump...

It’s getting easier to do business in India. That’s not a boast by the Modi government, but something “confirmed” by the World Bank’s latest global survey on Doing Business. Informal reports over recent weeks had suggested India would score a better grade than the 142nd ranking the country got in the DB report in 2015, the cut-off date for which was June 1, 2014 – just a week after Narendra Modi took over as prime minister. In just three years India has jumped a massive 42 ranks higher,...

The Modi government made its supposed determination to end corruption in India its signature theme. The massive damage done by demonetisation as well as the continuing chaos produced by the flawed introduction of the Goods and Services Tax have all been justified on the grounds of reducing possibilities of corruption and tax avoidance. Similarly, the imposition of Aadhaar requirements on the population for access to all manner of publicly provided goods and services is regularly justified...

Some national accounting.The Case For Concerted Action Do Bank Recapitalisation By The Government Lead To Higher Fiscal Deficits?V. Ramanan

Back to business as usual. Nothing accomplished other than a lot of hassle. TripleCrisisThe De-Digitisation of India Jayati Ghosh | Professor of Economics at the Centre for Economic Studies and Planning, School of Social Sciences, at the Jawaharlal Nehru University, in New Delhi

Opportunities and challenges for one of the world's two most populous countries, China being the other, of course.  China is more in the spotlight of development, but India is also playing catch-up.  India has the disadvantage of being modeled on a Western liberal democracy when this is not traditional in India. While China has a homogeneous and now well-developed form of governance, India is still groping with the residual of the British Raj and is not yet as organized and focused as...

This March, the Bharatiya Janata Party (BJP) won regional elections in four out of five states, including Uttar Pradesh (UP). This huge prize represents a qualitative advance for the party and the Hindu nationalist Sangh Parivar it represents, giving greater legitimacy to their long-term goal of establishing a Hindu state in all but name. Is India ceasing to be an outpost of liberal democracy and moving in the direction of theocratic nationalism? Something to keep an eye on.But economics is...

It would be interesting to compare India's development with that of China over this period, which is roughly equivalent to China's period of modernization. Arguably, China's rise under communism began in a worse position that India's at the end of the British Raj. Is there is a lesson about socio-economic systems to be gleaned from such a comparison? And political economy.Real-World Economics Review BlogThe Indian Economy: 70 years after Independence C. P. Chandrasekhar | Professor at the...