Documenting 21st Century - India and the World

With 2020 elections just few weeks away, politics in America is getting more complicated. The death of SC justice Ruth Bader Ginsburg has exasperated instability in US supreme court (already controlled by GOP inclined judges) and raised the stakes of 2020 elections. The simple fact of 2020 elections is the urgent need to kick madman Trump out of White house. RBGs death has complicated US political situation on two fronts. Firstly, its obvious that Trump regime is now deeply unpopular & hated and likely staring at election defeat. Hence, Trump & his plutocratic backers want to take over Supreme Court to maintain a degree of power after Trump is gone. Secondly, fight over SC judge nomination is also an opportunity for failing Trump to attack & destabilize Biden campaign.   In wake of RBG's death, Democrats should adopt a simple strategy - Division of Labor. One faction - Parliamentary Democrats - should prepare for tooth & nail political fight to stop Trump installing...

I wrote an article on what Central Govt needs to do on Budget making in this pandemic emergency. But our Politicians, Ministers, Policy makers & Policy advisers have very different view of the economic situation. For Modi Govt, the economic shock which India is facing is just a discrepancy of numbers. The rise in fiscal deficits, fall in tax collections, downgrade of India's sovereign credit ratings, amount of GST compensation to states etc - Modi Govt only think about managing these numbers without thinking about the actual underlying economic catastrophe going on in India. There is rapidly rising unemployment , collapse of demand, collapse in private & Govt capital investment, failure of businesses, personal bankruptcy of people & losses in MSME sector , failure of healthcare system as its overburdened & ultimately rising poverty & falling standards of living in middle class & lower class segments of population. All these things are not new and they hav...