As India prepares for the next budget, here is another critical issue it needs to focus on: The galloping trade deficit. According to the First Advance Estimate (AE1), released earlier this month, the trade...
It was only after the nationalisation of 14 banks on July 19, 1969, that the banks reached the common people. The main changes that were done included a shift from class banking to mass...
Somewhat like ‘thalinomics’ of Economic Survey of 2019-20 which measured household incomes and “dosa economics” of Raghuram Rajan in 2016 to explain inflation, ‘car economics’ explains the higher-growth-higher-inequality paradigm
India has officially acknowledged that 62.5% of its population or 813.5 million people are extremely poor and need to be fed
How do you describe a nation that is the fastest-growing major economy in the world and also the fifth largest economy in the world
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
Import barriers are self-inflicted wounds which is not only disabling the fourth growth engine – exports – but also increasing forex outflows
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how India’s...
Surely, the Center doesn’t know; had that not been the case, it wouldn’t be giving multiple sets of data, all of which contradict each other. One true “master stroke” that helped the Modi government...
Nearly a month after Maruti Suzuki chairman RC Bhargava raised a stink by saying that people’s ability to buy small cars has eroded and would continue to decline next year and national dailies reported...
Until now, reservation was prompted by the perennial caste-based discrimination system, which has pushed a significant population into multiple deprivations; upper castes suffer no such handicap.
The callous and unwarranted announcement of demonetisation in November 2016 was one of the cruellest blows to the majority of India’s citizens, compelling them to plunge from what was already a life of desperation...
After getting independence in the year 1947, India adopted the process of planning for the economic development of the country. As soon as it became a republic, in 1950, the first five-year plan was...
