India’s economic growth slowed to 6.5 per cent during the July-September quarter because of a fading low-base effect. For the full year, we now expect the economy to grow at 7 per cent, with risks tilted to the downside. This implies that the second half of the year (October-March) will see growth slow down to 4.6 per cent, again largely due to the base effect and slowing global growth. This was the second consecutive quarter with no functional disruption of economic activity by the Covid-19 pandemic. Since October, Google, too, has stopped reporting mobility indicators, which had become one of the most tracked data points for analysts and policymakers since the pandemic struck. This suggests that Covid-19 is unlikely to come in the way of growth for most parts of the world, with China, which is following a zero-Covid policy, being the key exception. That’s the good news. Express View | New government data paints a mixed picture of the Indian economy The … [Read more...] about How can India make a soft landing amid global economic crash?
What makes leadership effective
The second general elections under the constitution promulgated in 2015 can be boasted about as proof that the document is functioning well. However, the unfolding outcome of the polls indicates that there are threats to the same constitution’s fundamental features. The four major parties — Nepali Congress, Maoist Centre and the United Socialists which together formed an alliance on one side and the Communist Party of Nepal-Unified Marxist Leninist that leads the other — are generally perceived as status quoists. This is because they once all claimed that the constitution “is the best in the world”. But not all of them hold the same view now. The Maoist Centre wants a complete switch in the constitutional electoral scheme towards a proportional representation (PR) system, replacing the current mixed system. It also wants a directly elected executive President, instead of the current ceremonial head of the state. This scheme only endorses the popularly held view – but one which … [Read more...] about Nepal election: Sher Bahadur Deuba as PM may make US and India feel more comfortable — but that doesn’t mean stability
Synopsis Audit places India above developed aviation markets like China, Denmark, will help overseas expansion of Indian carriers. In a significant boost for India ’s air safety, the UN aviation watchdog International Civil Aviation Organisation ( ICAO ) has upgraded India’s score in aviation safety. This comes following an audit by the watchdog last month. The audit, Universal Safety Oversight Audit Programme, seeks to identify if countries have effectively and consistently implemented practices in aviation safety. India’s effective implementation score is now at 85.49 % as compared to 72.93 when it was last audited in 2018. The score ranks India above multiple OECD countries including China, Poland, Denmark. A high score will make it easier for Indian airlines to expand services into international sectors as permissions granted will be faster and airlines will be able to forge commercial arrangements more swiftly. The audit was conducted in the areas of legislation, … [Read more...] about India’s aviation safety oversight makes major progress, ICAO rankings show
Synopsis Political philosopher Hannah Arendt described Nazi operatives 'merely' carrying out orders from above unquestioningly as 'banality of evil'. Such a person 'never realised what he was doing', acting without any motive but to advance one's career with diligence. This ubereaucratic approach is evident in all walks of life. Indrajit Hazra Editor, Views Empowerment does strange things to some. Maybe it's like drinking too fast and the liquor hitting the bloodstream when it's actually supposed to gently wet the toes by lapping at the shores. Or maybe it's what happens when the most pliant or docile among us suddenly find themselves with a danda and a badge. Or it could be genetic, like haemophilia or the urge to engage in The Kashmir Files 'debate'. A while back, I was walking along the footpath of a magnificent cantilever bridge across a mighty river, the identity or location of which I can't reveal because of what I am about to explain. The painted grey … [Read more...] about Sticklers for rules, keepers of faith: Being empowered can make people take the silliest of rules very, very seriously
Synopsis "There is no anger among Patidars now as not just Patidars but members of 68 communities will benefit from the 10% reservation given to EWS by BJP. More than 90% of the community are with BJP", says Hardik Patel. Forty-year-old Jamna Patel steps out of a temple in Navrangpura in Ahmedabad. She walks towards her 13-year-old daughter Ransee, who has been waiting for her on a bench, finishing her homework. This is their daily ritual — mother praying inside, daughter studying outside. Whom will she vote for in this election? The mother smiles. “BhaJaPa,” pat comes the reply from the daughter as she scribbles on her notebook. “Our family follows BJP . We trust Modiji,” she adds, referring to Prime Minister Narendra Modi and without raising her eyes from the book. Does BJP still command support among Gujarat’s Patidars , who constitute roughly 13% of the state population, as it does in Ransee’s family? The Patidars have been dominating the political narrative of the … [Read more...] about Gujarat Elections 2022: 2017 polls saw Patidars drifting away from BJP. Their voting patterns will be crucial this time
It was a week for the Power of One in federal parliament's last hurrah for the year. Important legislation was enacted by the parliament as a whole: major planks of the new government's agenda on industrial relations and a national anti-corruption commission. And legislation was overturned which had deprived citizens in the nation's two territories of the right to pursue voluntary assisted dying in the same way as those who live in states. But the human drama, and the dynamics of the week, were shaped by individuals as much as the parliament as a whole. This was perhaps a fitting way to end a year during which the political landscape was transformed by voters opting to back individuals — instead of just the major parties — at this year's election. It was also fitting in a week when the country tried to get its head around what on earth was going on in the former prime minister's head when he sought unprecedented powers to act alone between 2020 and 2022 . In the Senate, … [Read more...] about The mood of the Australian electorate has changed. Morrison’s ‘apology’ shows he fails to understand it