Modi government has greatly damaged its self-image and commitment to reform whatever the political risks. Holding back labour codes after farm laws means two boldest reforms are frozen. Now, by rolling back small savings rate cuts, it has behaved like any other government on election-eve, not a particularly strong one.
Modi govt retaining 2-6% inflation target is wise. RBI now must balance growth and inflation
Modi government’s decision to retain the 2-6% inflation target for RBI for five more years is wise. Flexible inflation targeting has worked well in its first five years and prevented high and volatile inflation. The task for RBI now is to ensure the right balance between growth and inflation control.
Subscribe to our channels on YouTube & Telegram
Why news media is in crisis & How you can fix it
India needs free, fair, non-hyphenated and questioning journalism even more as it faces multiple crises.
But the news media is in a crisis of its own. There have been brutal layoffs and pay-cuts. The best of journalism is shrinking, yielding to crude prime-time spectacle.
ThePrint has the finest young reporters, columnists and editors working for it. Sustaining journalism of this quality needs smart and thinking people like you to pay for it. Whether you live in India or overseas, you can do it here.