As the two-month lockdown was eased, the Union government came out with an economic stimulus package of ₹20 lakh crore and initiated many reforms.
In an exclusive interview, Union Minister (of environment, forest and climate change; information and broadcasting; and heavy industries and public enterprises) Prakash Javadekar articulates the government’s position on the economic stimulus package, reforms, migration crisis, and governance. Edited excerpts:
Q/Many people say the stimulus package may not help revive demand.
A/There are two views—whether you need to address the supply side or the demand. It will create inflation if there is no proper supply. People were saying that we should give ₹7,500 to everyone. Eighty crore people were given 25kg of rice or wheat, 5kg of pulses; additionally, 10 crore people (migrants and people without ration cards) were given 10kg rice and 2kg of pulses free of cost. Twenty crore women got ₹1,500 each [₹30,000 crore total] in their Jan Dhan accounts. Eight crore families have got three gas cylinders each, free [of cost]. Three crore senior citizens got ₹1,000 each in their account. Eight crore farmers got ₹2,000 in their accounts. So, basically, the bottom 10 per cent have got more than ₹7,500.
Q/Will the prime minister’s mantra of self-reliance lead to protectionism? Make in India has had only limited success.
Denne historien er fra June 07, 2020-utgaven av THE WEEK.
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Denne historien er fra June 07, 2020-utgaven av THE WEEK.
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William Dalrymple goes further back
Indian readers have long known William Dalrymple as the chronicler nonpareil of India in the early years of the British raj. His latest book, The Golden Road, is a striking departure, since it takes him to a period from about the third century BC to the 12th-13th centuries CE.
The bleat from the street
What with all the apps delivering straight to one’s doorstep, the supermarkets, the food halls and even the occasional (super-expensive) pop-up thela (cart) offering the woke from field-to-fork option, the good old veggie-market/mandi has fallen off my regular beat.
Courage and conviction
Justice A.M. Ahmadi's biography by his granddaughter brings out behind-the-scenes tension in the Supreme Court as it dealt with the Babri Masjid demolition case
EPIC ENTERPRISE
Gowri Ramnarayan's translation of Ponniyin Selvan brings a fresh perspective to her grandfather's magnum opus
Upgrade your jeans
If you don’t live in the top four-five northern states of India, winter means little else than a pair of jeans. I live in Mumbai, where only mad people wear jeans throughout the year. High temperatures and extreme levels of humidity ensure we go to work in mulmul salwars, cotton pants, or, if you are lucky like me, wear shorts every day.
Garden by the sea
When Kozhikode beach became a fertile ground for ideas with Manorama Hortus
RECRUITERS SPEAK
Industry requirements and selection criteria of management graduates
MORAL COMPASS
The need to infuse ethics into India's MBA landscape
B-SCHOOLS SHOULD UNDERSTAND THAT INDIAN ECONOMY IS GOING TO WITNESS A TREMENDOUS GROWTH
INTERVIEW - Prof DEBASHIS CHATTERJEE, director, Indian Institute of Management, Kozhikode
COURSE CORRECTION
India's best b-schools are navigating tumultuous times. Hurdles include lower salaries offered to their graduates and students misusing AI
