Recession – What India should do?
Contrary to the claims of the Finance Minister, India is in recession. Even the RBI agrees. Inequality is on the rise. From jobless growth, we are in 'job loss' growth. Study after study confirms...
While the RBI was sleeping…
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...
The biggest hurdle in facing the recession is the Govt’s lack of political will
“In my entire career as a public servant I haven't witnessed the extraction of public wealth for private profit on the scale that we see today”, said Jawhar Sircar, Rajya Sabha member, Trinamool Congress,...
Government in Denial of Economic Recession; The Repercussions will be Unprecedented: Conference on Finance
“The government had borrowed money from the IMF during the pandemic and yet did not spend it in order to keep the fiscal deficit in control! This internalisation of keeping the fiscal deficit under...