Yet, there is no full-time Finance Minister! To explain and reassure the common man! Inflation to fall to a record low, to 0.44% is a sign of many bad things for the economy. Experts will tell you what all those other bad signs are and what they predict for the economy as a whole. Industrial…
Category: Economics
The world’s greatest democratic experiment!
Elections, 2009: the big power game is here! Unprincipled alliances, yes, that is election is all about! But India needs to follow principles! Indian Prime Minister, whoever he or she is, must adhere to some principles! Yes, the time is here right now. We are somehow come to have a government in India that is…
Theoreticians and practical men!
Experts and political leaders of the people! Why a new finance minister not appointed? What is the hitch? Why the Prime Minister is keeping so many portfolios? India just now, at the New Year eve, is inundated, so to say, with too many experts, economist of repute! Joseph Stiglitz, Nobel winner and professor of economics…
The Big news in agriculture!
Mukesh Ambani vs Sunil Bharti Mittal rivalry! The economic reformers must articulate the benefits of organised retail for farm sector reforms! The organised retail revolution will come and will succeed. The traditional exploitation of farmers by the age-old money lenders and the traders will end for ever! One has to have the vision to foresee…
Kalam : A second look!
Developed India by 2020? Kalam Vision is more an inspirational wish, than a reasoned exposition of development in depth, be it economic and social development or human development as such. APJ Abdul Kalam was such a popular President that it is too early to stand apart and take an objective look at some of his…
We need a bold new vision!
Agriculture is an economic and political power! There is now a new sense of urgency to do something in the agricultural sector. That is a welcome development. But do the public also know why this sense of urgency? The most obvious explanation is the current mood of despondency of the ruling UPA, more so the…
India produces so many billionaires and millionaires!
IIM students get sky-high salaries! So, India now a Superpower? It seems it is time for celebrations for India! This year, the American Forbes magazine that tracks billionaires all over the world revealed for the first time that next to America India has produced so many billionaires! Not even China is near India in this…
Western notions of economic theories don’t appeal in India
After Karl Marx Indian intelligentsia didn’t progress much! So, the current crop of Western intellectuals and theorists, names like Eric Hobsbawm and a host of UK and US academics, the names are many don’t command any attention nor the Indian intelligentsia ,whoever they are, care to mention here and grab attention. For that matter Indian…