IT'S TIME FOR ECONOMIC DEMOCRACY
The New Indian Express|November 09, 2024
We see wider divisions between socioeconomic classes and within the federal polity. We must focus on the well-being of all, rather than enriching a select few
K M CHANDRASEKHAR
IT'S TIME FOR ECONOMIC DEMOCRACY

WHEN I was working as cabinet secretary, then Prime Minister Manmohan Singh would insist on me meeting him one-on-one at least once a week. He would express annoyance in his gentle way if I missed a week. Each time I met him, he would begin with the question, "What is the state of the nation?" I would brief him on internal security, left-wing extremism, administration, events of note and, primarily, the state of the economy. His mind was focused principally on the economy and administration.

If I am asked this question now, what would be my answer? I would say the level of hatred and divisiveness in society has gone down a tad but still simmers, and we are sitting indisputably on top of a volcano. I would say that the income pyramid is still skewed, with billionaires getting richer and the middle classes, lower-income groups and destitute still deprived of hope.

Economic policy is designed for the very rich. I would inform him that the states are of the opinion that the Centre is expropriating a humongous portion of the national resources and that Finance Commission recommendations are cleverly bypassed.

Yet, the country has undergone a sea change during the year. In the first part of the year, the expectation was that Modi and his government would ride back to power on the back of a similar majority as in 2014 and 2019, perhaps even more substantial.

Bu hikaye The New Indian Express dergisinin November 09, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye The New Indian Express dergisinin November 09, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

THE NEW INDIAN EXPRESS DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Who Will Be Pujara In Aus?
The New Indian Express

Who Will Be Pujara In Aus?

Veteran batter was crucial in India's dominance Down Under in the past two campaigns

time-read
3 dak  |
November 14, 2024
The New Indian Express

Benedict Cumberbatch, Rosamund Pike to team up

DIRECTOR Guy Ritchie has brought on board actors Benedict Cumberbatch, Rosamund Pike, and Anthony Hopkins for his upcoming film Wife and Dog.

time-read
1 min  |
November 14, 2024
'I hate the pan-Indian tag'
The New Indian Express

'I hate the pan-Indian tag'

Dulquer Salmaan opens up about playing a grey character in Lucky Baskhar, having a foot in multiple language film industries, doing one period film after another, and more

time-read
3 dak  |
November 14, 2024
Vicky Kaushal to play Lord Parashurama in Mahavatar
The New Indian Express

Vicky Kaushal to play Lord Parashurama in Mahavatar

On Wednesday, it was announced that Vicky Kaushal will be essaying the role of Lord Chiranjeevi Parashurama in Amar Kaushik's next, titled Mahavatar.

time-read
1 min  |
November 14, 2024
The New Indian Express

Rising nitrous oxide emissions threaten climate goals, ozone recovery

A new Global Nitrous Oxide Assessment, launched at the UN Climate Change Conference in Baku (COP29), Azerbaijan, on Wednesday has come out with alarming findings about the impact of nitrous oxide (NO) on climate change and the ozone layer.

time-read
1 min  |
November 14, 2024
TO BRINGA ROBOT TO LIFE
The New Indian Express

TO BRINGA ROBOT TO LIFE

Prashanth Cavale, one of the lead animators behind The Wild Robot, discusses the process of animating Roz, Fink, and the other animals, the changing role of animators with the rise of AI, the scope of animation in India, and more

time-read
3 dak  |
November 14, 2024
LUPITA NYONG'O TO STAR IN CHRISTOPHER NOLAN FILM
The New Indian Express

LUPITA NYONG'O TO STAR IN CHRISTOPHER NOLAN FILM

SCAR-winning actor Lupita Nyong'o is all set to star in Christopher Nolan's upcoming project for Universal Pictures.

time-read
1 min  |
November 14, 2024
The New Indian Express

KARGIL CHRONICLES!

The region nestled in the mesmerising union territory of Ladakh offers more than just war stories

time-read
3 dak  |
November 14, 2024
The New Indian Express

launches ecotourism in tiger reserves

The new ecotourism developments in UP's tiger reserves present an ongoing tension between boosting regional tourism and adhering to NTCA's conservation-focused directives.

time-read
1 min  |
November 14, 2024
The New Indian Express

Junior doctor, female guard attacked at Indore hospital

A resident junior doctor and a female security guard were attacked by attendants of a minor patient at a hospital in Indore late on Tuesday night.

time-read
1 min  |
November 14, 2024