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Bibek Debroy

Bibek Debroy

State has dithered away

That government is best which governs least. We don’t know who said this — Henry David Thoreau, Thomas Jefferson or Thomas Paine.

To be a hard state

On terrorism, it’s time India accepted the trade-offs and made the choice for policies of long-term deterrence

Answer to cancer?

Whether or not WTO or the US or the world wants us to, we should change our patent law

On inflation, read the Bible

RBI’s economy review came a day before North Block’s. The latter at least says something
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Other Backward Calculations

Industry, government know private sector quotas won’t solve anything. But charge ahead they must...

A new Hippocratic Oath

Doctors as bombers? Prognosis, not diagnosis, is a better response to terrorism

Past continuous

Consider this. We have 6 Central statutes from 1830s, 9 from 1840s, 34 from 1850s, 21 from 1860s, 33 from 1870s, 37 from 1880s and 34 from 1890s on ou

We fix their computers

Obama memo reflects two things. India is a high-table player. And, on outsourcing, US can’t have it both ways

Small-scale hurdles

Where wealth accumulates and men decay: study the quotas in a government order on small enterprises

9 upside down is 9

Doubts about sustaining growth momentum are getting answered. Question now is about acceleration

Let a million schools bloom

The AICTE case is a good example of how India is being de-skilled

Body mass politic

A simple index can track real deprivation. Caste is so misguiding as policy tool

Back to lazy banking

The law’s been clear. Nationalisation of banks was about control, not regulation

Some chalk for your fever?

PIL was filed this week on fake drugs, which are 20% of pharma turnover. Yet public energy is mostly spent on drug prices

The Incheon pinch

So the poor will benefit if we don’t host Asiad? And it’s better money goes to a South Korean city, not Delhi?

Swinging socialist ’60s

Look at the ceiling and conjure up a figure, apply it to cap land transaction. SEZs get that time-tested treatment

Bermuda vs Bangladesh strategy

It’s UP’s politics that will hold economic India down. But BJP, Congress seem happy to be led by others

Law, but not much order

Industry & government still discuss minutiae because business is still scared of sarkar

No work for tinkers

Right question: is cartel pricing feeding inflation? Wrong answer: Micro manage prices

Wish he were duty-bound

FM had genuine compulsion to avoid all reforms bar one — that of the tax regime. It’s here he disappoints

Tuning in to FM

Expenditure is revenue plus capital expenditure and receipts are revenue plus capital receipts. The budget deficit is expenditure minus receipts, but

Overheated economists

India is sui generis in details. Development Cassandras forget this

Prelude to an excision

The eventual logical outcome of the Supreme Court’s judgment on Ninth Schedule is clear

The evening after

Await the full fury of the UPA government’s expenditure mayhem

Neither India nor Bharat

West has inner cities. We’ve ‘outer cities’ like Nithari, the soft underbelly of our progress
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