Covid-19 Pandemic: A Matter of Paradoxical Logic
We have been in lockdown for 100 days. That’s a third of the total year already. Neither do I understand the logic of ordering the lockdown nor the decision to reopen. Yes, the situation is bad and the country faces an unprecedented challenge. On one hand, there are growing
What the Government Can Do to Boost the Economy After the Lockdown
The lockdown has been devasting for the Indian economy. Read here to know about the economic impact of the lockdown
Covid-19 Pandemic: The Hidden Story
On March 24, the Government of India ordered a nationwide lockdown, restricting 1.3 billion people from traveling to their workplaces in the face of the coronavirus outbreak. The lockdown, which was initially planned for 21 ways was later extended till May 31. Before
What India Can Do to Prevent its Economy from Becoming a Casualty of the Coronavirus
Coronavirus is officially a pandemic. The outbreak, which originated in China, is tragic. While its impact on health and life is a major concern, its impact on the global economy could continue to be felt long after this novel virus
Is India Beginning to Recognise the Power of the Invisible Hand?
The Indian Economic Survey was released in January as a prelude to the Union Budget for 2020. In the report, Chief Economic Advisor (CEA) Krishnamurthy Subramanian has suggested several solutions to boost the Indian economy. This comes in highly challenging
Can Tax Cuts Revive the Indian Economy in 2020?
The Indian economy dipped close to 6-year lows in the July-September quarter, touching 4.5%. In fact, following a glorious run in 2018, the economy struggled through 2019, with the three key drivers of economic growth, investment, consumption and exports, declining. Both
Where is the Indian Economy Headed in 2019?
With major publications, including Forbes, warning of a coming recession in 2019, the ancient Chinese curse seems to be coming true – May you live in interesting times. And, what an interesting time it is especially for India, given that all
When Will India’s Aviation Industry Soar?
India’s civil aviation industry has come into the spotlight. It is among the fastest growing industries in the country, and India is poised to become the world’s third largest aviation market by 2024.
Petrol and Diesel Prices in India: A Slippery History and a Fiery Road Ahead
The Indian Government had for several decades controlled the prices of various petroleum products. Under the pretext of “the larger good”, the government had supposedly subsidized the prices of the most important petroleum products, like
Can India Hold Her Position as the World’s Fastest Growing Economy?
The Indian economy grew at an impressive rate of 7.7% during the fourth quarter (January to March 2018). India’s GDP growth surged past China’s 6.8% growth recorded for the same quarter.
For FY18 (fiscal year ended March 31, 2018), India’s growth
Rakesh Wadhwa. Ever since, I was a school boy, I knew India was on the wrong path. Socialism was just not what we needed to get ahead. Government controlled our travel; government controlled our ability to buy and sell; and government controlled our freedom to move our money. My life has focused on the inherent rights people have. When I was in college, I never understood, what the governments meant by their "socialistic attitude". If people are free to buy, sell and move their capital themselves without any restrictions by state, then the welfare of people is inevitable & hence the countries they live in will become wealthy. The government has no right whatsoever, to point a finger at me or my business. I am not a revolutionary. I just want to light up my cigarette and not get nagged about it. I believe in non-interfering attitude to attain more. 
The Bastiat Award is a journalism award, given annually by the International Policy Network, London. Bastiat Prize entries are judged on intellectual content, the persuasiveness of the language used and the type of publication in which they appear. Rakesh Wadhwa won the 3rd prize (a cash award of $1,000 and a candlestick), in 2006.
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