Goods and Services Tax – The biggest tax reform in India since independence! Conceptually, the best thing that could happen in a country laden with incredibly complicated tax structure. For a very long time I have been a strong proponent, till I saw chinks in the chain.
Don’t get me wrong. It’s a great philosophy. It’s the right thing to do but for the implementation structure and the actual execution. It’s a classic case of the Indian politico ruining something good, just so they don’t lose votes.
So, what’s wrong with GST:
GST should have reduced the amount of Tax peop... Read More
“We all know it, we all hate it and yet, we all do it!”
Well, I am talking about the (in)famous Indian Standard Time!
Have you ever wondered the genesis of Indian Standard time? Why are we always beginning meetings and things late?
Let’s start from the beginning!
We do take the usual 9 months to come out. We usually start our pre-school at 3 and our regular schooling at 5. It is not like we have a higher life expectancy than other countries. Yet, somewhere in-between, we have the Indian Standard Time.
In our country, schools start on time. Kids are never late in getting to... Read More
Let me begin by congratulating Narendra Modi and the NDA government for successfully completing 3 years. I am extremely glad that things in India are much better in 3 years than the 3 months of the newly elected US government.
Even the staunchest opposition to Narendra Modi and the current government will agree that his ability to connect with the masses is strong and effective. The working of the government is a miracle at best and a very well run marketing machine at the worst. This is where closer analysis need to be done.
This government so far has much lesser serious scams, th... Read More
He must be the most unique personality of the post independent India. Nobody has gained as much popularity during this time, much bigger than Anna and AK, perhaps bigger than JP Narayan, perhaps as big as Indira Gandhi. He has become the symbol of non-corrupt, developing Indian, a true statesman. Even his biggest critics can't take this away from him. The only true statesman of significance I can think of in the last 20 years. Anna may be in the list but was very short-lived & hence insignificant.
But the confounding question is: Who is he and where is he headed? To answer this quest... Read More
In the last blog I talked about how demonetization looks like a TRUE socialist movement or policy created in independent India. The last 3 weeks has indeed been a rollercoaster ride for all of us. As politicians, activists, common people discussed, debated, criticized and accepted the move, memes, conspiracy theories and obnoxious WhatsApp messages and Facebook statuses spread like wildfire.
Even today the nation stands polarized and the good, bad and ugly about the move has rented our peace of mind.
After much conversation, coffee and analysis, my point of view now has some fineprints*.... Read More
Perhaps the biggest change in India since I have been born has been what we have seen in the last 4 days.
It’s not the change that amazes me… It’s the ferocity with which it has happened. For years and decades, cynics like me have been calling for an almost dictatorship like rule in India to cause major changes. This change seems exactly like that.
This is perhaps the most secular change that we have ever seen in this country. There is no exception for the rich or the poor, for Hindu or Muslim, for Brahmin or Dalit. There seems to be a clear focus in the government to not give a ba... Read More
Its been an amazing last 36 hours. The world has changed more in the last 36 hours than it does over decades. 9/11 and 11/9 are 2 dates that the world will remember for a very very long time to come.
If you are Indian, its even more special for you. More on that in a separate discussion.
I don't want to debate on whether Trump is the right guy or wrong. But its representational for sure. Lets look at emerging political themes we have in 2016 globally and will continue to see over the next 10 years:
Majority is the new minority: Minorities have governed politics for the last 50 year... Read More