Articles By Prof (Dr) SN Misra

Just Honor to Rao, a Rare Reformer

Just Honor to Rao, a Rare Reformer

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 12 Feb , 2024

By honoring P V Narasimha Rao with the most coveted civilian award Bharat Ratna, PM Modi has struck a rare combination; of recognizing his economic paradigm shift of Nehruvian socialism andhis...

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Growth, Human Development & Defence: Budget 2024-25

Growth, Human Development & Defence: Budget 2024-25

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 06 Feb , 2024

Introduction While the interim budget of Nirmala has to be complimented for its continued focus on infrastructure investment and the will to contain fiscal deficit, its surprising lack of mention...

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Priority for Nirmala in the Interim Budget

Priority for Nirmala in the Interim Budget

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 30 Jan , 2024

Introduction The macroeconomic inputs for a  budget are often blighted by growth variables like investment, manufacturing, digital infrastructure, and FDI inflow, without accounting for manifest...

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From Digital Divide to Digital Dividend? ASER (Annual Status of Education...

From Digital Divide to Digital Dividend? ASER (Annual Status of Education...

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 24 Jan , 2024

Introduction The Right to Education (RTE) in public schools from the age of 6-14 for children of all Indian citizens was made a fundamental right in 2004 through an amendment in the Constitution...

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The Republic @ 74: The Quest for Economic Democracy

The Republic @ 74: The Quest for Economic Democracy

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 17 Jan , 2024

Granville Austin, the renowned constitutional expert in his seminal book ‘Working a Democratic Constitution’ considered the Indian Constitution as a seamless web, with three strands that are...

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Economic Theory and the Indian Economy

Economic Theory and the Indian Economy

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 27 Dec , 2023

When the US embassy officials, for a party, wanted to know about his rank for protocol purposes, Solow told his secretary: Tell them I am a full Professor of Economics at MIT. They do not have...

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India’s Revamp of Its Higher Direction of War 

India’s Revamp of Its Higher Direction of War 

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 18 Dec , 2023

On 25th November PM Modi took a sortie over Bangalore in an Indian-designed Tejas aircraft. This embodies his push for India to make more of its weapons. The jet is 20 years behind schedule and...

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Unfinished Reforms in India’s Defense Sector: A Road Map

Unfinished Reforms in India’s Defense Sector: A Road Map

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 08 Dec , 2023

Economic liberalization in the defense production sector came in 2001 by allowing full private sector participation and FDI up to 26%. The GOM recommendation after the  Kargil war suggested...

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Constitution@ 74: Quest For Merit & Socio Economic Justice

Constitution@ 74: Quest For Merit & Socio Economic Justice

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 27 Nov , 2023

Introduction The Indian Constitution is the lengthiest of all written Constitutions of the world. Most of provisions are borrowed from various sources; fundamental rights from US Bill of Rights,...

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Homeland Economics & Challenges for Military Industry Capability

Homeland Economics & Challenges for Military Industry Capability

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 06 Nov , 2023

‘The torment of precaution often exceeds the dangers to be avoided’, said Napoleon Bonaparte in 1823. He did not have the semi-conductor supply chains in mind. But his comments still ring...

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Kalam at 92: His Vision of Make in India

Kalam at 92: His Vision of Make in India

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 25 Oct , 2023

Dr APJ Abdul Kalam would have been 92 this month. There are many epithets used for him: Inspirational, People’s President, Sui Generis Manager of People and Programs and the pioneer of Make in...

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A Paradigm Shift in Indo-US Defense Cooperation

A Paradigm Shift in Indo-US Defense Cooperation

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 27 Jun , 2023

The agreement signed between US President Biden and Indian PM Modi on 22nd June 2023, marks a new beginning in the defense partnership between the oldest and biggest democratic countries. It has...

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Idea whose time has come

Idea whose time has come

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 14 Jun , 2023

On 24th July 1991 when Dr Manmohan Singh was presenting the budget, he was cognizant of the plethora of economic ills that plagued India; inflation hovering around 14%, cost of interest to total...

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De-Globalization and Road Ahead for India’s Defence Manufacturing

De-Globalization and Road Ahead for India’s Defence Manufacturing

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 25 May , 2023

Trade is an engine of growth and has been a major factor in impacting GDP handsomely, in both developed and developing economies since the 1970s. From a measly share of 8% in global output in the...

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Ideology and Civil Services in India

Ideology and Civil Services in India

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 21 Apr , 2023

Max Weber had argued that bureaucracy constitutes “the most efficient and rational way in which human activity can be organized and that systematic process and organized hierarchies are...

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Defense Allocation, Reforms, Reality & The Way Forward

Defense Allocation, Reforms, Reality & The Way Forward

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 20 Feb , 2023

The Indian economy has been an outlier in terms of growth, clocking a 7.1% increase in GDP during 2022-23, and is expected to achieve 6.5% growth in 2023-24. Agriculture has proved to be a robust...

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The PLI Scheme: An Apparition or a Game Changer

The PLI Scheme: An Apparition or a Game Changer

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 14 Oct , 2022

Professor Raghuram Rajan, has stirred a hornet’s nest by attacking the grandiose PLI scheme which aims at making manufacturing in India globally competitive; calling it a myopic and policy...

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Two Cheers To INS Vikrant

Two Cheers To INS Vikrant

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 05 Sep , 2022

India has the dubious reputation of being the largest importer of conventional arms (SIPRI Yearbook). Dr. APJ Abdul Kalam, heading a committee to suggest improving India’s self-reliance...

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Capacity, Autonomy and Venality: The Larger Challenges of Governance

Capacity, Autonomy and Venality: The Larger Challenges of Governance

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 10 Apr , 2022

Mr. Suba Rao, previously RBI Governor, has stirred a hornet’s nest by calling the IAS’ elitist, self-serving, perpetuating a set of bureaucrats who are out of touch with reality and wallow in...

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‘Atmanirbharta’ in Defence Manufacturing

‘Atmanirbharta’ in Defence Manufacturing

By: Prof (Dr) SN Misra | Issue: Net Edition | Date: 03 Feb , 2022

Economic liberalization came to defence manufacturing in 2001, a decade after liberalization in other sectors, which then permitted full partnership of private sector and equity inflow of 26% from...

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