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Showing posts from December, 2017

Congress: Plugging a chasm with cello-tape

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That Congress is a sole proprietorship has been made clear to us over decades, whether anecdotally or through various books authored by politicians/former bureaucrats/journalists. In fact in the recent Shahzad Poonawalla episode, a leaked tape suggests that Manish Tiwari referred to Congress as sole proprietorship in as many words. This has been achieved through the years allegedly by the subjugation of regional leadership by the ruling dynasty. The key goal being to centralize power in the dynasty's hands. The result of this has been the exodus by Congress stalwarts into other or new political outfits to pursue their own careers.  This page , lists over 40 breakaway parties (some of which may have merged back into Congress, or with other parties) from the Congress. Quite a dubious achievement for what calls itself as the Grand Old Party of India. The most notable break-away factions are Sharad Pawar’s Nationalist Congress Party, YS Jaganmohan Reddy’s YSR Congress, Mufti...

India grows more prosperous!

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Credit for all data and definitions related to the Legatum Prosperity Index goes to The Legatum Institute.The conclusions and correlations to government initiatives, are my own.  India has broken into the top hundred prosperous nations globally for the first time as per the Legatum Institute's 2017 Prosperity Index, coming in at rank 100. This is a meaningful improvement from the 115th place held five years ago in 2012. The Legatum Institute (LI), a global think-tank, recently released the 11th iteration of its Prosperity Index. This is a proprietary tool of the LI that looks at nations not just through the narrow prism of economic growth, but defines prosperity as a combination of both, wealth and well-being. It is measured using over a hundred variables classed into nine ‘pillars of prosperity’ viz. Economic quality, Business environment, Governance, Personal Freedom, Social Capital, Safety and Security, Education, Health, and the Natural Environment.  In macro ...