Backward move
Anti-liberalisation. Decision taken, argument over. Backward disintegration! more
Viewed by 33
Import curbs in global interconnectedness? Whatabout India's cheap import dependent AI development?! more
Aug 10
Good intentions? Yes - import substitution. Intended outcome? Not happening. Proportionality matters. जितना restriction किया, उतना माँग आपूर्ति भारतीय कलपुर्ज़ों द्वारा होगी नहीं। more
Aug 08
Readiness and necessity, the drivers. Manufacturing अभी इतना तैयार हुआ नहीं भारत में। Services में तैयारी है, think Delhivery or zomato, for example, लेकिन service delivery model में आवश्यकता नहीं। more
Aug 06
India's latest laptop import restrictions explemplifies the pre-1991 licence-quota raj more starkly than electronic goods import restrictions. "The market-oriented reforms of 1991 and later were led or heavily influenced by ecmomists working in the government. Their influence and the desire to open up to the have both waned as the years have passed, and bureaucrats increasingly run the system. Certainly, decisions like cancelling overnight 86 per cent of the country's currency would not have been endorsed by any sensible economist. It is time to restore economics and prior consultation to their rightful place in the policy-making process." - Mr. T.N. Ninan from Weekend Ruminations. more
Aug 05
