Showing posts from November, 2019

The Economic Slowdown Needs Immediate Address

The Buck Stops With the Duo (Courtesy: Bloombergquint) The fracas in Maharashtra notwithstanding, things are at a critical juncture with respect to the economic scenario. Not undertaking critical labour and land reforms in the previous terms of course have contributed; however, the lack of steps is not really the problem right now. The real problem at this stage is a dampened sentiment about the state of the Indian economy. This sentiment has essentially been harmed by a handful of reasons that are not being addressed suitably: GST – yes, it is proving to be a dampener. While I had back then too stated that its benefits were being overstated, the GST mechanism per se needs fixation. While tax collection is immediate and even before payments are received by the suppliers of goods and services, the input credit necessary to keep many businesses afloat and flush with working capital is taking unduly long. Steps have been announced to attempt tax reform; however, this step is y

What Being Hindu Really Means to Me

It is still clear in front of me. Daytime had started to make way for evening on a December day. I and my family stood in front of BrajRaj Swami ji in Nurpur in Himachal Pradesh Legend goes that the idol, worshipped by no less than Mirabai herself, was brought to this land from Chittorgarh. Mirabai herself was the consort to this idol, perhaps the only place in the world of its kind. Even as we stood there to partake of the caranAmrita, thoughts of all that I had read and learnt about my ancestors came rushing back. This very idol was nearly a victim of iconoclasm, and my ancestors were among those who fought to save it, to protect it till their last breaths. Was it just another idol anymore? Something that invoked reverent love among one and all could not just be another museum piece - it was rather a living being for us, whose protection and upkeep was our responsibility.  Even as I had gone there after visiting my ancestral village, where we had prostrated before our clan d