This is an archived blog post from The Acorn.
Average: that was the blogosphere’s verdict on Finance Minister P Chidambaram’s budget for the financial year 2005. Divide and rule, according to Parth; everything for everybody, according to Niraj; and a boring intellectual exercise, for the Dalal Steet blogger. Sameer Wagle here at the Acorn, echoes the feeling with another cricketing analogy. The Opti Mystic and Madhu Menon are angered by a fly in the ointment that promises to make life difficult for regular joes (and chefs).
Chanakya cites an article in the Wall Street Journal by Chidambaram himself where he argues that Indian democracy has paid the ‘fixed costs’ and is now ready to reap the dividends. Surely, a response to the India-China comparisons that have come up again this week. Reuben Abraham links to the Economist’s special issue on India and China; Chanakya has more on Amartya Sen’s praise for the Chinese healthcare model; and Primary Red cites an op-ed on the subject by Martin Wolf — first of a three part series in the Financial Times (via Zoo Station).
Sumedh Mungee draws attention to an Indian student who passed up a chance to go to MIT and opted for IIT instead: is this a leading indicator?
Amit Varma points to an article by Vijay Kelkar, the man behind the widely appreciated Kelkar report, which argues that modernising the financial sector is vital to fighting poverty.
Kiran’s Indic View has become the place to go for updates on India’s quest for energy supplies.
Liberalisation of India’s aviation industry is poised to save consumers at least a billion dollars, reports Reuben Abraham. Patrix traces the growth of a upstart low-cost carrier that is flying cheap and flying everywhere.
It is not just American radio hosts that verbally abuse Indian call centre workers, as Sepia Mutineer Apul finds out. The phenomenon is rather widespread causing call centre operators to offer stress-management courses for their staff.
And finally, a couple of thoughts on legalisation of prostitution and drugs after a visit to Amsterdam.
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