Free Press Journal
  • solar power mission, solar mission, PM Narendra Modi, Jawahar Lal Nehru Solar Mission, Solar Alliance,

    The future belongs to Solar Alliance, challenges remain

    The Jawahar Lal Nehru Solar Mission was started in 2010. Prime Minister Narendra Modi has pushed it forward dramatically and set a target of generation of 100 Gigawatts of solar power by 2022. That would involve increasing solar generation four times in the coming four years. Mr Modi has taken two laudable steps towards achieving…

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  • Ethanol is a bad choice to run cars in India

    Sugar factories across the country are not able to make payment of the sugarcane purchased from the farmers. Farmers are suffering. The sugar factories are in trouble because the price of sugarcane has been fixed high by the Government. This has led to farmers producing huge amounts of sugarcane and to huge production of sugar….

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  • Why rupee is sliding?

    The rupee has declined from Rs 64 to a dollar a year ago to Rs 71 presently and is expected to decline further in the coming months. The core reason for this decline is the loss of competitiveness of the Indian economy. Let us say a particular toy is being manufactured in the United States…

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  • kerala floods, central government, kerala, kerala government, disaster relief fund, 2018-19, SDRF, State Disaster Relief Fund, Home Ministry, Kerala Floods victims

    We created flood fury because of our folly

    Mumbai and Delhi have been victims of floods that of our own making. We have made vertical walls on the banks of the Sabarmati River in Ahmedabad, Mithi in Mumbai and Gomati in Lucknow. This has freed a large part of the riverbed for property development. That is fine as long as there are no…

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  • Money stashed in Swiss banks hasn’t come back

    Two contradictory reports are available regarding the money held by Indian citizens in Swiss banks. The amount declined by 80 per cent between 2014, when Modi Government came to power, and 2017. The months are not clear, so let us assume that these figures relate to calendar years and this decline took place between January…

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  • maharashtra, crop, loan waiver, maharashtra government, croap loan waiver scheme, farmers

    Need to give land-based subsidy to farmers

    The Government has enhanced the Minimum Support Price (MSP) of Kharif crops in keeping with the commitment made in the Budget to increase the incomes of the farmers. It is estimated that this will lead to an increase in inflation of about 0.2 per cent and to a reduction in GDP of about 0.3 percent….

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  • Trade war has a silver lining for India

    Former Treasury Secretary of the United States, who is equivalent to our Finance Minister, Larry Summers has said that the ongoing trade war between the US on one side and China and India on the other side may lead to a global recession which would be harmful for all the countries of the world. His…

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  • Flow of the Ganga under Manmohan & Modi

    Prime Minister Manmohan Singh used to say “Ganga is my mother”. Similarly, soon after assuming the office of the Prime Minister, Shri Narendra Modi said that “Ganga has called me, now we don’t have to take anything from the Ganga and only have to give it”. Let us see what the two have done for…

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  • Managing externalities: The case of Sterilite

    Businessmen are mainly concerned with making profits. They live in a competitive world and they have to produce goods at the lowest possible cost. Their profits are determined by the payments made for the raw materials such as copper ore by the Sterilite plant in Tuticorin, cost of land, machinery and labour. The cost to…

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  • Troubling free fall of the Rupee

    The Rupee has been sliding lately. The price of the Rupee was hovering around Rs 64 to a US Dollar for the last few years. Recently, it has slid to Rs 67 and analysts expect it to further decline to about Rs 70 to a Dollar. The price of the Rupee is determined in our…

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  • Towards a global fundamental rebalancing act

    The first direct train from China to England reached London recently. It traveled 12,000 kilometers carrying a cargo of garments and other manufactured goods. This is the trailer of the times to come. China is aggressively pushing the Belt Road Initiative (BRI) to establish state of art road and rail transport facilities from China to…

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  • politics, campaign, parliamentary election, rival politicians, editorial, pm, lok sabha, state elections,

    Should renouncees enter politics?

    In Chapter 18 of the Gita, Lord Krishna explains that it is not possible for a person to give up all actions. For example, a sannyasi or renouncee has to beg for food or make a hut of grass to protect himself from rain. However, Krishna said that it was possible to give up the…

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