Hybrid cars have been ushered into the Indian market with great fanfare and positive publicity. Such technologies indeed might be lifesavers. The media, however, seems to have gone overboard with its demand for waiver of customs duties on such cars.
Such duty waivers would bring about price-parity between hybrid foreign cars and their conventional counterparts. Hybrid […]
For years one of the standard excuses offered for the economic stagnation in Sub-Saharan Africa was that development projects got waylaid by malaria and AIDS epidemics. The good news is that much of sub-Saharan Africa (SSA) has experienced growth in the very recent past. Out of the 47 countries considered by the World Bank as […]
In general less affluent India, particularly the rural areas, is steeped in ignorance; a majority will not know the name of the Indian Finance Minister and not feel uncomfortable at all when cornered about their ignorance. Is economic development the way out of this morass of ignorance? Apparently yes, but my empirical observations lead to […]