Over the last two days, I have been meeting people from other countries, many of whom have only heard of India over television, but never visited. Some others have distant memories of this country and find that the country that is, is no longer the country they remember. India has changed; irrevocably, and in ways…
Category: Economy
Higher education and Budget 2009
In the Finance Bill 2009, nearly 9 billion INR (approx. $189 million) has been allocated to spending on higher education. This is a 36% hike on spending for higher education over the previous financial year. Let’s first look at the actual provisions of the budget. All information below has been taken from the official budget…
A bad night…and a worse day ahead
I was planning to move to WordPress today. But, there seems to be a problem with the move. I still haven’t figured out how to move without damaging the blog. But, all these troubles suddenly seem trivial. I sat glued to television for almost 2 hours this morning. I couldn’t react. I was shocked beyond…
On the US financial crisis
Check out this great post by Greatbong. If you have no idea what the hell is happening in the US, this is a good place to go. 🙂
Globalisation and higher education
I attended a CSA conference on Globalisation and its Impact on higher education this morning. I came away feeling that the speakers were tilting a little too much towards the left for my taste. I also found that one particular speaker was stuck somewhere in the 19th century for his attitude towards globalisation in the…
On violence and CEO deaths
The lynching of the CEO of an Italian auto parts manufacturer is bad enough. What’s worse is the Labour Minister Oscar Fernandes’ justification of the violence proportioning the blame on the management that "pushed the employees to the limit." I am no longer shocked at the politician’s lack of tact, and complete callousness. My few…
Education, reservations and reform
Here is a brilliant economic analysis of the reservation policy by Atanu Dey on his blog on development. It is, at first glance, very impressive. He uses economic theory, common sense and impeccable argumentation to prove that reservations are untenable. But, all is not right with his reasoning. I can still spot a few weak…
Cheap garments and irresponsible reporting
I have an idea. Let’s take six well-to-do Indian teenagers to London and make them work at street-corner bakeries for a month. Guess what? It’s horrible, they will say. “They make us wake up at 4 in the morning to knead the dough, make the loaf and bake the bread, ready to open shop at…
Of apples and oranges
Here is a gem from Sitaram Yechury. I mean, who publishes such crap? Oh, a well-known newspaper like Hindustan Times of course. I actually checked if it was published under a satire or humour column or something. But no. I had overestimated their intelligence I suppose. And did you know that our dear Mr. Yechury…
Of stock market crashes and cricket matches…
Hey! That rhymed. I swear I wasn’t trying to make it rhyme. Anyway, on to today’s rants. Yes, they are rants. First, the cricket match. Of course I am talking of the one we won. It was absolutely fantastic to see the famed Aussie batting line-up collapse like a pack of cards. And I, for…