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Opinion

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Attempts to destabilise a growing India won’t work

Published on Feb 02, 2023 07:21 PM IST

The perpetrators of the Gujarat riots have been adequately handled by local police and the crime investigation department, as well as the courts. So, where is the relevance of the BBCdocumentary?

The SIT did a meticulous and fair job for 14 years and submitted regular progress reports to the Supreme Court, which often expressed satisfaction over the reports submitted, and recently closed the monitoring part of it. (ANI)
The SIT did a meticulous and fair job for 14 years and submitted regular progress reports to the Supreme Court, which often expressed satisfaction over the reports submitted, and recently closed the monitoring part of it. (ANI)
ByRakesh Asthana

Education, a guiding light for a shared vision of G20

The National Education Policy (NEP) 2020, a philosophical document, is based on the foundational principles of access, equity, quality, affordability, and accountability

Regarding skills, the world is witnessing transformative trends of demographic transitions and technological changes such as Industry 4.0, Web 3.0, and extended reality technology that will bring changes to jobs in the future (Keshav Singh/Hindustan Times/Representative Image)
Regarding skills, the world is witnessing transformative trends of demographic transitions and technological changes such as Industry 4.0, Web 3.0, and extended reality technology that will bring changes to jobs in the future (Keshav Singh/Hindustan Times/Representative Image)
Updated on Feb 02, 2023 07:23 PM IST
ByDharmendra Pradhan

With ICET, India and US open the tech gates

While driven by mutual strategic convergence, ICET’s net beneficiary is India. But it is not a deal. It is a process that creates opportunities

Just getting these commitments on paper is a remarkable diplomatic win, but a win that by all accounts didn’t require contestation. DC is listening to Delhi, exemplified in the warmth with which it received Ajit Doval. (ANI)
Just getting these commitments on paper is a remarkable diplomatic win, but a win that by all accounts didn’t require contestation. DC is listening to Delhi, exemplified in the warmth with which it received Ajit Doval. (ANI)
Updated on Feb 02, 2023 09:25 PM IST

An Amrit Kaal road map for India to achieve glory

This year’s Budget is a document with a futuristic vision. The government has listed seven priorities (saptarishi) that will guide policymaking on the road to 2047

The last full-fledged Budget before the general elections next year has resisted being populist, and the government must be applauded for it (Ajay Aggarwal/Hindustan Times)
The last full-fledged Budget before the general elections next year has resisted being populist, and the government must be applauded for it (Ajay Aggarwal/Hindustan Times)
Updated on Feb 01, 2023 11:53 PM IST
ByGopal Krishna Agarwal

A growth push, and a nudge to salaried class

The finance minister has done well to stick to the path of fiscal consolidation, but whether people will move to new default tax regime will depend on some factors

The 7.5% interest rate, given in the one-time small savings scheme aimed at women — the Mahila Samman Savings Certificate – with a limit of <span class='webrupee'>₹</span>2 lakh for two years, is meant to incentivise the move to the formal financial sector for women who are still wary of banks, typically in small towns and rural India (REUTERS)
The 7.5% interest rate, given in the one-time small savings scheme aimed at women — the Mahila Samman Savings Certificate – with a limit of 2 lakh for two years, is meant to incentivise the move to the formal financial sector for women who are still wary of banks, typically in small towns and rural India (REUTERS)
Updated on Feb 02, 2023 07:37 AM IST
ByMonika Halan

In huge capex bet, an audacity of hope

The FM has been audacious to attempt to strike this difficult balance in India’s $3 trillion economy amid such enormous global uncertainty and headwinds

Increasing capex is a welcome directional shift in expenditure management. The debate is about the levels and the rate of such increases, and at what cost (HT PHOTO)
Increasing capex is a welcome directional shift in expenditure management. The debate is about the levels and the rate of such increases, and at what cost (HT PHOTO)
Updated on Feb 02, 2023 07:39 AM IST

Nightwatchman’s Budget ahead of elections

Why has the government not done anything to alleviate the pain of this K-shaped recovery? There can be only two logical answers to this question. Either the government is convinced that there is no such crisis, or it does not see the need to act immediately on these concerns

Much is written about India being the fastest growing major economy in the world. However, a 6%-7% Gross Domestic Product (GDP) growth for a country like India is nothing to boast of, given the larger challenge of improving living standards. (Santosh Kumar/HT Photo)
Much is written about India being the fastest growing major economy in the world. However, a 6%-7% Gross Domestic Product (GDP) growth for a country like India is nothing to boast of, given the larger challenge of improving living standards. (Santosh Kumar/HT Photo)
Updated on Feb 02, 2023 07:40 AM IST

Welfare spending cut could pose significant livelihood challenges

In re-prioritising expenditure with its big push on capex, the finance minister is taking a bet on the Indian economy, one that, for the moment, has significant risks for the livelihoods of India’s poor and vulnerable. Let’s hope it pays off

Welfare has now been relegated to the margins of government spending (Hindustan Times)
Welfare has now been relegated to the margins of government spending (Hindustan Times)
Updated on Feb 02, 2023 07:42 AM IST

A big boost to consumption and infrastructure in the Budget

Union Budget 2023-24 is a landmark, growth-oriented budget which not only took steps to ensure India’s continued macro stability, but also amply rewarded the consumer for her faith in the Indian growth miracle.

On Wednesday, finance minister Nirmala Sitharaman ably stepped up to the task and delivered. (Ajay Aggarwal/Hindustan Times)
On Wednesday, finance minister Nirmala Sitharaman ably stepped up to the task and delivered. (Ajay Aggarwal/Hindustan Times)
Updated on Feb 01, 2023 11:42 PM IST
ByKumar Mangalam Birla

In an uncertain world, a compassionate Budget

The document provides a clear vision for India at 100, with inclusivity and prosperity as central facets. Further, while acknowledging external headwinds, it pushes for domestic growth drivers to spur development.

The focus of the budget has transitioned from facilitating recovery of the Covid-affected economy in the last two years to laying down tracks for increasing economies of scale and ensuring long-term growth (PTI)
The focus of the budget has transitioned from facilitating recovery of the Covid-affected economy in the last two years to laying down tracks for increasing economies of scale and ensuring long-term growth (PTI)
Updated on Feb 02, 2023 03:09 AM IST
BySuman Bery

In a new-age world of work, address key systemic issues

One key issue today is the changing nature of work and terms of employment, particularly the skill gap, which has been aggravated by a few mega-trends such as the advancement of digital technology, demographic changes and green transition

The Covid-19 pandemic strengthened the idea of working from home, while other new forms of work emerged, spurred by technology. (Representative Image)
The Covid-19 pandemic strengthened the idea of working from home, while other new forms of work emerged, spurred by technology. (Representative Image)
Updated on Jan 31, 2023 07:53 PM IST
ByArti Ahuja

India unshackled from Pakistan is good news

A mix of marginalisation, mobilisation and militarisation has helped Delhi take away a key facet of Pakistan’s outreach, allowing India to be more ambitious on the regional and global stage

The more India has ignored Pakistan, the shriller has been the response from the Pakistani leadership. But the results of the Indian policy response are evident in Delhi making new space in the global hierarchy. (Shutterstock)
The more India has ignored Pakistan, the shriller has been the response from the Pakistani leadership. But the results of the Indian policy response are evident in Delhi making new space in the global hierarchy. (Shutterstock)
Updated on Feb 01, 2023 08:03 AM IST

In Myanmar, Delhi adopts a cautious stance with junta

In context of the second anniversary of Myanmar’s February 2021 coup, it is important to keep this history in mind when making sense of India’s handling of the coup’s after-effects.

The overall calculation is that the junta is far from collapsing, and the resistance far from united. In consequence, India can’t afford to lose access to Naypyidaw. (Reuters)
The overall calculation is that the junta is far from collapsing, and the resistance far from united. In consequence, India can’t afford to lose access to Naypyidaw. (Reuters)
Published on Jan 31, 2023 07:31 PM IST
ByAvinash Paliwal

Industry status will give the real estate sector a boost

Once this sector gets the industry tag, it can have a different development plan that addresses its demands and requirements

Once this sector gets the industry tag, it can have a different development plan that addresses its demands and requirements, such as getting loans at favourable rates. (MINT)
Once this sector gets the industry tag, it can have a different development plan that addresses its demands and requirements, such as getting loans at favourable rates. (MINT)
Published on Jan 31, 2023 04:49 PM IST
ByManit Rastogi

The Taste With Vir: Pathaan, boycott calls and its impact on Modi government

Some of the joy that has greeted Pathaan’s success comes from some national desire to make up to Shah Rukh for the way in which he and his family have suffered. We know that Shah Rukh has done nothing wrong: He is just collateral damage in a political and ideological battle.

Shah Rukh Khan in Pathaan.
Shah Rukh Khan in Pathaan.
Updated on Jan 31, 2023 10:23 AM IST
By, Delhi

How PLI is creating a growth ecosystem

The industry’s positive response to the scheme is likely to upgrade the labour force’s skills, replace old machinery, enhance production volumes and make logistics and operations efficient, giving India a chance to become a key manufacturing player

The PLI scheme for large-scale electronics manufacturing (LSEM) saw successful results, with 97% of mobile phones sold in India now being made here. As of September, the PLI scheme for LSEM attracted investments of <span class='webrupee'>₹</span>4,784 crore and generated 41,000 additional jobs (Shutterstock)
The PLI scheme for large-scale electronics manufacturing (LSEM) saw successful results, with 97% of mobile phones sold in India now being made here. As of September, the PLI scheme for LSEM attracted investments of 4,784 crore and generated 41,000 additional jobs (Shutterstock)
Published on Jan 30, 2023 08:07 PM IST
ByParameswaran Iyer

Budget: Focus on the quality of expenditure

India judiciously refrained from a large demand-side fiscal stimulus even during the pandemic by focusing on more public capex to build the supply side. It is important to continue with that theme in the FY24 budget

To start with, high-frequency growth indicators are doing reasonably well. Our combined index from these indicators, called Growth Activity Tracker for India (GATI), shows that even after a slight moderation in the last couple of months, the growth momentum is now close to the pre-pandemic average. (Sonu Mehta/HT PHOTO)
To start with, high-frequency growth indicators are doing reasonably well. Our combined index from these indicators, called Growth Activity Tracker for India (GATI), shows that even after a slight moderation in the last couple of months, the growth momentum is now close to the pre-pandemic average. (Sonu Mehta/HT PHOTO)
Updated on Jan 30, 2023 08:04 PM IST

Rational taxation can help improve health

Many countries have used fiscal policies as levers of behavioural change and sometimes even increased revenues while improving public health. India should also follow suit

Bidis are consumed widely, but the tax burden is low. A 20% tax-induced price increase in bidis could lead to seven million years of life gained (YLG) over 15 years and an increase in government tax revenues by <span class='webrupee'>₹</span>34,820 crore over the same period (AP)
Bidis are consumed widely, but the tax burden is low. A 20% tax-induced price increase in bidis could lead to seven million years of life gained (YLG) over 15 years and an increase in government tax revenues by 34,820 crore over the same period (AP)
Updated on Jan 30, 2023 08:03 PM IST

What women need to participate in the changing world of work

A lot hinges on enhancing budgetary allocations for social sector schemes, gender-responsive planning and budgeting practices and addressing bottlenecks to implementation. Equally important are employer policies to create decent working conditions, wage parity and upward mobility avenues for women

Women’s labour force participation rate in India is as low as 25.1% compared to 57.5% for men (Shutterstock)
Women’s labour force participation rate in India is as low as 25.1% compared to 57.5% for men (Shutterstock)
Updated on Jan 30, 2023 09:25 PM IST
ByShreya Ghosh and Preethi Rao

In his death, Gandhi joined a mortal act to an immortalisation

As the rest of India hailed Independence, Gandhi mourned its division. This year marks 75 years of a mortal act that led to an immortalisation. May Gandhi’s ideals always remain a guiding light on the power of ahimsa

Seventy-five years on, this needs to be known: Never in all these decades, not once, did Gandhi’s sons or daughters-in-law or his associates use a single abusive word of hate against the assassin or his collaborators. (Getty Images)
Seventy-five years on, this needs to be known: Never in all these decades, not once, did Gandhi’s sons or daughters-in-law or his associates use a single abusive word of hate against the assassin or his collaborators. (Getty Images)
Updated on Jan 30, 2023 08:34 AM IST

Challenges await India in decarbonising its economy

Given global developments, this objective of decarbonising the economy may face certain challenges under international investment law, which Indian policymakers need to be alert about.

India — as agreed at COP27 — plans to phase down around 81 coal-fired power plants over the next four years. (AP/Representative Image)
India — as agreed at COP27 — plans to phase down around 81 coal-fired power plants over the next four years. (AP/Representative Image)
Updated on Jan 30, 2023 08:36 AM IST

No matter what, Gandhi’s thoughts cannot be killed

Bapu’s thoughts are as relevant today as they were in his day. However, the greatest tragedy of our fast-paced world is that we no longer have people like Gandhi

Godse had no idea that Gandhi’s thoughts could not be killed. (HT Archive)
Godse had no idea that Gandhi’s thoughts could not be killed. (HT Archive)
Updated on Jan 29, 2023 08:12 PM IST

Just Like That | Notes on R-Day then & now, the Right & Left at JLF & a wedding

Anecdotes on the thrill of celebrating at the Republic Day parade having changed over time, a fiery debate on the political Left and Right at JLF, and a Delhi wedding.

The PM now is surrounded by a ring of security personnel, and his movements are strictly restricted. (Raj K Raj/HT Photo)
The PM now is surrounded by a ring of security personnel, and his movements are strictly restricted. (Raj K Raj/HT Photo)
Updated on Jan 30, 2023 08:33 AM IST

Three old books, but fine vacation reads

Two of them are biographies, a genre I find most enjoyable. The first is Zareer Masani’s slim but revealing and insightful work on Thomas Macaulay

I’m going to strive to read more of the books I buy or receive. May be not all and probably not the full book in every case but most and as much as I can take. After all I don’t want to find, five years from now, that some of the best books I’m reading I could have picked up half a decade ago. I can’t afford to make that mistake again! (Hindustan Times)
I’m going to strive to read more of the books I buy or receive. May be not all and probably not the full book in every case but most and as much as I can take. After all I don’t want to find, five years from now, that some of the best books I’m reading I could have picked up half a decade ago. I can’t afford to make that mistake again! (Hindustan Times)
Updated on Jan 28, 2023 09:17 PM IST

Bharat Jodo Yatra: A journey of our lifetimes

From conceptualisation to execution, the yatra is a remarkable testament to the organisational ability of the Congress

Through the Bharat Jodo yatra, we also saw the emergence of a more nuanced picture of Rahul Gandhi. This isn’t the pappu (simpleton) portrayed on social media, it’s a leader with vision and gravitas (PTI)
Through the Bharat Jodo yatra, we also saw the emergence of a more nuanced picture of Rahul Gandhi. This isn’t the pappu (simpleton) portrayed on social media, it’s a leader with vision and gravitas (PTI)
Updated on Jan 28, 2023 10:55 PM IST
ByManish Khanduri

How BBC’s ties with India have evolved

It is hard to get the BBC to apologise, but in the current case, India needs to realise that the BBC does not spew out colonialist propaganda. It’s a journalists’ organisation, and millions of Indians choose to listen to and watch it

Over the years, as the BBC’s Delhi correspondent, I had many discussions with the ministry of external affairs officials about programmes the BBC wanted to make. (archive)
Over the years, as the BBC’s Delhi correspondent, I had many discussions with the ministry of external affairs officials about programmes the BBC wanted to make. (archive)
Updated on Jan 28, 2023 09:16 PM IST

How the budget can spur India’s energy transition

There is no silver bullet to drive the green switch over. But India can take a few critical steps in the financial and economic sectors, such as priority lending to the renewable energy sector and increasing the nation’s share of nuclear power, to facilitate the net-zero target

A country with growing consumption will need all forms of energy. Sustainability will be driven by cleaner coal and refinery-efficiency improvement, expansion of the renewable energy sector and e-mobility proliferation (Shutterstock)
A country with growing consumption will need all forms of energy. Sustainability will be driven by cleaner coal and refinery-efficiency improvement, expansion of the renewable energy sector and e-mobility proliferation (Shutterstock)
Updated on Jan 30, 2023 08:16 AM IST
ByJanmejaya Sinha and Kaustubh Verma

Sort out granular issues to bolster India-US ties

For several decades, experts have been talking about the US-India relationship deepening without having much concrete evidence to show this to be the case. However, that tide seems to finally be turning

India played a constructive role in the G20 Bali summit in 2022, including crafting the statement. The US hopes India’s manage-ment of Russia in the G20 will not be akin to business as usual (Arindam Bagchi Twitter)
India played a constructive role in the G20 Bali summit in 2022, including crafting the statement. The US hopes India’s manage-ment of Russia in the G20 will not be akin to business as usual (Arindam Bagchi Twitter)
Updated on Jan 30, 2023 08:17 AM IST
ByManjari Chatterjee Miller

India will showcase its democratic ethos at G20

By describing India as the mother of democracy, PM Modi showcased the country’s democratic foundations and history, which has only strengthened since ancient times. The G20 will serve as a medium to reaffirm and showcase this distinctive Indian contribution to the world

In many countries, the democratic system emerged as a reactionary pushback against dictatorial kings and rulers. But in India, it evolved from the womb of India’s deep socio-cultural ethos. This positive sense of democracy, which originated in India, is rooted in India’s deep philosophical foundations. (HT PHOTO)
In many countries, the democratic system emerged as a reactionary pushback against dictatorial kings and rulers. But in India, it evolved from the womb of India’s deep socio-cultural ethos. This positive sense of democracy, which originated in India, is rooted in India’s deep philosophical foundations. (HT PHOTO)
Published on Jan 27, 2023 08:23 PM IST
ByShiv Prakash

First Principles | Bloodbath in Silicon Valley and its trickle-down effect

It appears that tech has hit the reset button, with layoffs in several large IT companies. What does this mean?

The chairman of an Indian IT major with a significant presence in the US had some pointers on how it may impact India. (Unsplash)
The chairman of an Indian IT major with a significant presence in the US had some pointers on how it may impact India. (Unsplash)
Updated on Jan 30, 2023 08:22 AM IST
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