Documenting 21st Century - India and the World

Top left and top right - Former Prime Minister, a liberal Professor, Manmohan Singh and India's former Central Bank Governor Raghuram Rajan. Bottom left & bottom right - Present Prime Minister, a religious populist, Narendra Modi & his first Finance Minister Arun Jaitely   In a previous post , i explained two main structural problems of India - Wastage & misutilization of our labor force & human resources. And acute shortage of core Assets to run a sustainable economy. These are two long standing problems since many decades and Governments have done little to decisively solve these problems. In another post , i explained how Modi Government has aggravated the Covid-19 induced economic depression by Austerity policies and lack of central assistance to states. In this post, i am reviewing India's economic policy in last decade and the policy blunders made by past UPA Govt as well as present Modi Government. India's economy was in secular decline since last 6 q...

US elections have been concluded with victory of Biden and end of Trump's Presidency. The Senate still hangs in the balance and Democrats retain the House with some losses. Its too early to speculate how Biden will govern & what will be the policy of upcoming Administration but departure of Trump is a good outcome. Trump represented dictatorship and destructive populism in America. Trump was a mentally unstable, erratic, incompetent fool who could not deliver on anything.  Election defeat for Trump but Trumpism still alive & threat of Fascism looms - Priorities for Biden and many challenges ahead - Time to deliver and no time for complacency Trump's behavior in case of election loss was widely anticipated. He would refuse to concede and paralyze the functioning of government and this scenario is playing out right now. Its pretty obvious by now that Trump & dark forces behind Trump never really cared about elections & legitimacy of rule. They only care about grab...

Trump's policy on Covid-19 is now clear - Brutal Herd immunity. With total chaos in America under Trump's rule & country busy in elections, people did not had the time to grasp the significance of this. America, a modern industrial & technological super power has capitulated and surrendered against public health crisis. A crisis which could have been easily managed, controlled & resolved with proper Government policy & planning. Think for a minute, America is a country with grass roots of industrial revolution, a country which was instrumental in defeating Hitler & Fascism, a country which put man on the moon, a country which put land rover on Mars surface, a country which has the strongest military in the world, a country which is highly advanced in field of Medicine, Biotechnology, semi conductors, Artificial Intelligence & all the rest of scientific fields. America, the strongest country in the world, has surrendered to Covid-19.   America - A super p...