Ladies Only: Getting where you’re going without getting harassed. That’s what’s driving a new generation of Indian women to become taxi drivers-for women only. Enter their world as they negotiate New Delhi’s divided public transport spaces.
Like a recurring rash, a little war of words has broken out in the media and Twitterverse about the extent of inequality in India and whether it is growing. The catalyst this time is the publication of James Crabtree’s book The Billionaire Raj. The same thing happened last year when Luke Chancel and Thomas Piketty published their paper “Indian Income Inequality, 1922-2015: From British Raj to Billionaire Raj?” Both are solid contributions that agree on one thing—economic inequality in India is very high and increasing because of the rise of a super-wealthy class.
During his June 2018 state visit to India, President Danny Faure of Seychelles was given the red-carpet treatment. He took home major gains in defense for the tiny Indian Ocean nation: a second Dornier aircraft, a $100 million line of credit for maritime security cooperation, and a white shipping information-sharing agreement. However, Seychelles did not reverse its rejection of a military base sought by India despite some careful diplomatic couching about the two countries’ shared interests.
The Wuhan Summit between India and China has to be seen in the backdrop of wider developments in the Indo-Pacific region. It is important that New Delhi and Beijing are able to manage their differences, as both of them need to concentrate on their economic development.
Nearly fifteen years ago, the former head of India’s Central Water Commission warned that “hydro-politics is threatening the very fabric of federalism” in the world’s second most populous country. Virtually all the subcontinent’s major rivers, including the Indus, the Ganges, and the Brahmaputra, are the subject of some level of contention. But while these international transboundary waterways receive most of the attention, it is India’s internal water wars that may well be most significant for its future.
During his speech to the global business elite gathered at the 2018 World Economic Forum, Davos, Indian Prime Minister Narendra Modi extolled globalization and criticized trade protectionism.
Indian farmers realize extremely low revenues. Revenues can be low either because farmers are unproductive and/or because they receive low prices for their output. While productivity relates mostly with technical aspects of farming, price realization depends on the state of the agricultural economy and can potentially be addressed by economic policy. In this article, I will discuss two dimensions of prices—wedges and dispersion—and shed light on some common misconceptions.
Are Intermediaries Bad?