Despite its admirable competence and proven track record, the RBI doesn't have the capacity to supervise an economy that's growing so fast and becoming larger by the year, points out T C A Srinivasa Raghavan.
Old ideas contained in the heads of old economists still dominate. That's not good, asserts T C A Srinivasa Raghavan.
To equate the Hindu propensity not to persecute non-Hindus is a sign of mature self-confidence, not weakness as the rabid insist, asserts T C A Srinivasa Raghavan.
Narendra Modi's real legacy will be if he can redesign the IAS and the concept of an all-India service, argues T C A Srinivasa Raghavan.
'All selectors must be sufficiently thick-skinned and prepared to take criticism.' T C A Srinivasa Raghavan checks out Ravi Shastri's first book.
The unconventional music of the Nobel Laureate might have nothing connecting Indians to it, but there is a reason he has a following here, notes T C A Srinivasa Raghavan.
'It is not the country's interests alone that lead to all this secrecy.' 'More usually, the reason is the threat from political rivals: What will they do if they find out?', notes T C A Srinivasa Raghavan.
'After living in a country with hazy skies and a billion people, it is breathtaking when the sky is blue, the air crisply clean and there is drinking water in the taps. And, joy of joys, hardly any people.'
'With the big political job done, the time has come to pay attention to the economy, which is the main problem now,' argues T C A Srinivasa Raghavan.
'Should the most important part of economic reform not comprise the way we look at the fiscal deficit?', asks T C A Srinivasa Raghavan.
'In both places the minority was disproportionately powerful.' 'Few people acknowledge it but at its core the Tamil Nadu problem between the Brahmins and the rest was one of power.' 'In Kashmir the Hindus held most of the land and the accompanying political power, while the Muslims were the peasants and powerless,' notes T C A Srinivasa Raghavan.
States could then stop complaining about the Centre and fashion their own economic destinies, says T C A Srinivasa Raghavan.
'The Indian economy has become like a car that has the appropriate wheels on one side -- political liberalism -- and scooter wheels -- economic illiberalism -- on the other,' points out T C A Srinivasa Raghavan.
'Whether it is a good upgrade or not is something the judges will decide on the technicalities of the process, not substance. 'But they can't do much because of the constitutional fiction they themselves propounded with their "basic structure" formulation. 'That has not been violated because Article 370 was constitutionally temporary,' says T C A Srinivasa Raghavan.
'How do you deliver wealth when you don't have the slightest idea about it?' asks T C A Srinivasa Raghavan.
'An era of fiscal pessimism is setting in, which, if not countered intellectually, is going to have the same effect as export pessimism has had,' notes T C A Srinivasa Raghavan.
''I have been saying for the last 25 years, to no avail naturally, that the only government asset that is politically unproblematic is land,' says T C A Srinivasa Raghavan.
'He can at least invite them for tea in small groups once a month on Sundays.' 'If nothing else, he will have the pleasure of ruining their weekend,' suggests T C A Srinivasa Raghavan.
'The time has come to ask the extent of coercive power the State must arrogate to itself to achieve economic ends,' points out T C A Srinivasa Raghavan.
'If he were to ask me, I would tell Mr Modi that the real Congress legacy he has to undo is not Nehru's social and political philosophy -- which fits India perfectly -- but his daughter's economic philosophy,' says T C A Srinivasa Raghavan.