Synopsis: The Indian economy is facing a K-shaped problem even before the pandemic. But the pandemic worsened the K-shaped problem more. Introduction India has administered more than one billion Covid vaccines since it started its Covid vaccination drive in January. Out of India’s population of about 1.3 billion, 78%, or just over 1 billion, are… Continue reading Vax milestone and a K-shaped problem

Synopsis: As India’s energy demand grows, India needs to adopt a comprehensive policy to meet the present and future demands. Introduction Energy security is a condition where affordable power is available to everyone. As India grows and its energy demands increase, it faces the twin challenge as apart from energy generation it also has to… Continue reading A clean energy transition plan for India

Synopsis: Central banks across the world are facing a great challenge to control inflation Introduction The global financial crisis and the current pandemic are likely to reorient our thinking on conventional macroeconomics. For example, there are now serious doubts on the long-standing wisdom that the economy functions best with an “invisible hand” and with minimum… Continue reading Post-Covid economy needs intellectual re-evaluation

Synopsis: In the coming CoP26, India should insist on earlier pledges made by developed countries.  Introduction  The 26th meeting of United Nations’ Conference of Parties (CoP) is set to begin on November 1 in Glasgow. The focus of the meet (CoP 26) will be to have all nations commit to a ‘net zero’.  All countries… Continue reading Glasgow climate meet. India doesn’t rule out ‘net zero’ commitment