Competition commission proving to be efficient regulator

By Amit Kapoor,

Citizen control and takeover by companies is often pointed out as an Achilles’ heel in any capitalist society. People with leftist leanings, too often criticize free markets, citing market failure and greed as fundamental reasons for radical activism or resort to force. Not only does this position appear weak as an argument, but also appears to us as being fundamentally flawed. The reason for that is markets in our opinion expand choices and promote economic liberty for citizens.

Purifying Your Wealth and Targeting Poverty and Inequality

By Althaf Shajahan,

Running regressions and making sense of data is my job. We were working on a sort of data analysis where we had to consider different socio-economic groups and using data on three variables, viz. household income, consumption and assets which would together measure something we may term us material well-being and compute an inequality adjusted index value for each group. As expected, Dalits, Adivasis and Muslims fared the worst. Yeah! What’s new in this? Sachar report and every possible report speak about this. Well here, the index needs to be explained. Our index measures household indicators of well. While it aggregates across all the members of the groups, it discounts for the inequality among the members. (Refer the original computations in the figure below ). While searching the data for Muslim cases, I did see observations on Muslim community members who belong to the top percentiles and quintiles of either income or wealth. It is this inequality that makes me mull over. Intra-community inequality is not the concern of the state. While it is possible for Muslims as citizens of this nation to ask for state support and schemes citing their vulnerability as much as Dalits or Adivasis are, public policy may or may not consider it. But the inbuilt poverty and inequality targeting systems needs to be looked at.

The narrative of love jihad

By Abdul Majid Zargar,

As if their vilification and demonization was not enough, Hindutva forces have now weaved a new narrative around Indian Muslim youth that they indulge in “Love Jihad”.

Plight of the minorities particularly the Muslims in the current political scenario in India

By Prof . Dr Rameeza. A. Rasheed,

After the victory of BJP in the recent Lok Sabha election all the political analysts are talking about the consolidation of the Hindu votes and fragmentation of minority votes resulting in the massive victory of the BJP . To a certain extent it is true . It is because of the congress led government’s dismal failure to control inflation, corruption and unemployment, the middle class among the Hindus decided to vote for the NDA alliance since they wanted India to become free from a non performing government . They hoped, change of regime might usher in era of change for better India . Even the secular Hindus voted for BJP this time in spite of knowing about their communal agenda thinking, in a country like India which has survived so far on secular principles, the BJP will not be able to push it’s communal agenda if they want to rule India for few decades .The youth of all religious groups thought , the BJP would accelerate growth with employment since they are projecting themselves as corporate sector’s darling and by all means achieve development .The huge flow of funds from the business class enabled the BJP to organise the most expensive and high technology poll campaign unknown in the political history of India .Their campaign managers made full use of the social media .They promised sun and moon and paradise to Indians if they are chosen to rule the nation with majority. The youth were naturally drawn towards them since, the congress which is the main national party could not compete with BJP with the organisation skill and effective poll campaign strategy .Moreover their past record in governance and serious corruption charges became big obstacles in convincing the voters .

ECB monetary policy announcement can bring back the long due FX volatility

By Vatsal Srivastava,

There are five central bank meetings next week but the European Central Bank's monetary policy announcement will be the most important catalyst for the move in the US Dollar Index and the EUR/USD. In fact, the ECB meeting will even trump the US non-farm payrolls report in terms of its impact on the EUR/USD. Currency Corner does not believe that the ECB is ready to roll out Quantitative Easing just yet, but given recent economic data particularly from Germany, the case for additional stimulus is growing.


From memory's unmapped isles: A poet on alienation - and nature's rhythms

By Vikas Datta,

One of the rather negative aspects of urbanisation is a sense of alienation, of isolation - that despite being surrounded by masses of people, you are quite unlikely to have any meaningful connection with them. And this perception can be felt more keenly at night when walking through teeming or deserted thoroughfares and markets, brilliantly lit or gloomily dark. This motif and its stark imagery have been employed quite a bit in modern Urdu poetry by some big names. But its champion was a most highly-regarded but short-lived poet of rare sensitivity, though his fame in the non-Urdu speaking world may only rest on a haunting ghazal made popular by the unmatched Ghulam Ali.

True meaning of the Coalgate Judgement

By Jaspal Singh,

Few days ago the Supreme Court of India delivered a judgement in the case that has come to be known as Coalgate. The court in its judgement declared that all the coal allocations since 1993 have been illegal, arbitrary and ad hoc.

This verdict of the highest court has indicted all the central governments since 1993 that includes governments headed by BJP and Congress. In this period for five years government was headed by Atal Bihari Vajpayee and for ten years Manmohan Singh was at the helm of affairs.

Amid BJP thumbs up, son controversy dims Rajnath's smile

By Mohit Dubey ,

Lucknow: Union Home Minister Rajnath Singh is one of the few politicians in the country to perpetually wear a smile. Be it the loss in the Uttar Pradesh assembly polls when he was chief minister or the failure of the party to make a comeback at the centre in 2009, the 63-year-old former physics lecturer does not let politics affect his disposition.

Terrorism a diplomatic asset: Fair is foul, foul is fair

By Saeed Naqvi ,

The ISIS threat has been around for months. Why was it not nipped in the bud? Obama’s response in the course of a conversation with Thomas Friedman of the New York Times is revealing. “We did not start airstrikes all across Iraq as soon as the ISIS came in because that would have taken the pressure off Nouri al-Maliki”, the then Shia prime minister in Baghdad.

Modi's 100 days: Has the 'acche din' hype boomeranged?

(100 days of Modi government)

By Amulya Ganguli,

A month after assuming office, Narendra Modi had rued the absence in his case of the customary honeymoon period for a new prime minister. Now, the by-election setbacks and signs of dissonance at the top have cast a further shadow on his first 100 days as prime minister.