ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

ColumnsSubscribe to Columns

Trump’s Populism Is as Lethal as Liberalism

The recently concluded Helsinki summit between Russia and the United States on 16 July 2018 is reminiscent of the Cold War the in strategy of theUS to create a wedge between China and Russia. The great power politics unleashed by Donald Trump from European soil is also aimed at facilitating populism to replace liberalism as the dominant political ideology in Europe.

National Register of Citizens and the Supreme Court

The imminent withdrawal of the Citizenship (Amendment) Bill, 2016 by the union government in the face of strong protests by the residents of the north-eastern states is hardly a victory for constitutional principles or morality. It leaves “illegal migrants” in a continued limbo and heightens ethnic tensions in the North East. It also shifts the focus to the Supreme Court, which has taken upon itself the extremely delicate task of overseeing the preparation of the National Register of Citizens in Assam.

Did This Straw Break the Finance Sector’s Back?

The world’s financial markets are hurtling towards a new phase of crises ranging from currency, to balance of payments, to sovereign debt, to banking crises. The monetary tightening policies of the United States Federal Reserve and the European Central Bank will only precipitate crises in emerging markets as well as peripheral eurozone economies, which will have global repercussions.

Reforming the Office of the Governor

The blatantly partisan actions of Karnataka Governor Vajubhai Vala in the aftermath of the Karnataka Assembly elections in 2018, which had thrown up a hung result, call for the need to scrutinise the post and functioning of governors within India’s constitutional scheme. Such malfeasance on the part of governors is not recent and their supposedly neutral role has always been more a pious hope than a reality. The need of the hour is serious constitutional reform, whether by the legislature or by the judiciary.

The Doval Scorecard

As the ruling party at the centre, the Bharatiya Janata Party, contemplates the forthcoming national elections, its record on national security warrants a review. The key player in crafting and implementing its national security strategy has been National Security Adviser Ajit Doval. An examination of Doval’s record over the past four years reveals that his principal contribution has been in facilitating national security interests to be held hostage to the electoral calculus of the Narendra Modi–Amit Shah combine.

The Ordinance Route

The deadlock in Parliament has resulted in the increasing tendency of the union government to promulgate legislation through ordinances, when Parliament is not in session. While there are no substantive restrictions on the President’s power to promulgate ordinances, given the inherently temporary nature of ordinances, the exercise of this power must be limited keeping in mind the concerns of rule of law.

Lucrative Defaults by Hungry Corporates

The implementation of the Insolvency and Bankruptcy Code, 2016 has led to aggressive competition to acquire firms that have been subjected to the resolution process. This suggests that the default that required the creditors to bring these firms to the National Company Law Tribunal was not due to poor fundamentals. Moreover, the decision of the original promoters to try and enter the fray as bidders for defaulting firms indicates that they too do not see the firms and the activities they are engaged in as unviable. Yet, there is much pressure on the government to favour those who seek to game the system.

Pages

Back to Top