Documenting 21st Century - India and the World

Mob of Hooligans attacked American Parliament building on the day of ceremonial certification of President elect Joe Biden who won 2020 general elections. What was the purpose of these attacks on Capitol Hill? These attacks failed to stop the process of certification and conclusion of elections. The attacks by Pro Trump rioters were undoubtedly a black spot in American history that will be remembered forever. But the real threat connected to these attacks never materialized - a Fascist coup in America. After Trump's loss of US elections in terms of electoral college as well as popular vote by a significant margin, it was obvious to many Political experts that Trump will never agree to peaceful transfer of power. And Trump lived up to this expectation. Trump, a group of Republicans and their plutocratic backers had no respect for the elections. After the loss of elections, Trump and his backers started finding ways to overturn election results. Trump filed various court cases challe...

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...