When a little girl named Topsy is asked in Uncle Tom’s Cabin if she knew who made her, she says, “I expect I grow’d.” Today, Arun Jaitley will declare financial independence when he unveils Budget 2014 without the Planning Commission (PC) breathing down his neck. True, the Budget drafters in the Prime Minister’s Office and…
To begin with, Modi is under microscopic watch and Deng never was. Modi has a good majority in the lower house of Parliament, but that does not mean lawmakers will blindly rubber-stamp his legislative efforts. If you do the arithmetic the National Democratic Alliance stands little chance of a majority in the Rajya Sabha, even…
The ‘poverty line’ is assumed to be consumption of Rs 65 per capita per month in rural areas and Rs 75 in urban areas at 1977-78 prices. On this basis in 1977-78, 306 million people in India were living below the ‘poverty line’, of whom 249 million were in rural areas and 57 million in…
When a little girl named Topsy is asked in Uncle Tom’s Cabin if she knew who made her, she says “I expect I grow’d.” This Thursday, July 10, Arun Jaitley will declare financial independence when he unveils the Union Budget for 2014/15 without the Planning Commission breathing down his neck. True, the budget drafters in…