Nehru decided to build The Ashok in New Delhi to host a UNESCO conference. For a prime minister focussed on India building with projects like the Bhakra-Nangal Dam, IITs and factories, "the hotel spoke of the gumption of the country at that time." Manavi Kapur traces the eventful journey of the hotel, which has now completed 60 years.
'Understand one thing, if you want immediately and magically that things should become cheap, it's not possible. It's a long-term policy.' 'Inflation is linked to the storage system and with the production system. Whenever production rises, prices go lower. So if we store when the prices are low and release them when prices rise, prices can be maintained.' 'The problem is that in our country fruits and vegetables worth Rs 110,000 crore go to waste as they rot. And grains worth Rs 85,000 crore rot. So the storage system is another big reason for inflation.' Union Transport Minister Nitin Gadkari in an exclusive interaction with Sheela Bhatt/Rediff.com
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
India has made a remarkable journey from a top-down system of economic decision-making to one that unleashed our entrepreneurial spirits but the next big jump lies in enhancing the quality of our tale.
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