Yogi and the Road Ahead

Distance lends charm. I can vouch for this having spent a week away from Delhi, its alarming morning headlines and hyper competitive television anchors.India with its growing economy, social pluralism and thriving democracy appears far more attractive in Cardiff than from Delhi. I have not been accosted about our failing democracy or the rise of…

India’s Gold Monetisation Story

Back in 2014, realising the potential of domestic stock of gold in the country, the Government of India decided to introduce gold related schemes that would unlock the idle yellow metal lying in private lockers. With the dual objective of reducing import and recycling domestic gold, the Hon’ble Finance Minister of India introduced the gold-troika…

Jobs are crying need of the hour

LARGE-SCALEemployment generation is critical for both Prime Minister Narendra Modi’s electoralprospects in 2019 and rejuvenation of the economy. Continued addition to the ranks of unemployed or underemployed will fuel resentment among the youth who had voted overwhelmingly for Modi in 2014. The PM’s charisma, integrity and current high popularity may not suffice for overcoming widespread…

Designing a new defence economic strategy

Reforms like private sector involvement and optionality approach can make defence procurement and indigenisation viable and ensure India’s military superiority in the subcontinent. over the past three years, there has been a marked focus on implementing defence procurement reforms. Many are of the opinion that India’s focus on defence procurement reforms is unique. However, this…