Author Archives: Madhusudan Raj

The Danger of Coronavirus Central Planning

India Lockdown

The Covid-19 Pandemic has sent the Indian government in a tizzy. Modi government has panicked like anything and without any kind of prior very careful thinking or planning Modi has announced a 21 day lock down of the whole country of 1.35 billion people. Almost all production processes in the country have either totally shutdown […]

Nirbhaya Rape Case: Justice Done?

Nirbhaya Rapists

Finally, after seven years, the four convicted rapist of famous Delhi gang rape case were hanged till death today morning in Tihar Jail. Mother of Nirbhaya, the girl who was raped and murdered, was recorded saying, now the justice is done and after this hanging all girls in India will feel safer. Her father said, […]

Why Democracy Means Discord?

Democracy

Recently the American president Donald Trump was on his maiden visit to the Indian nation state. During his visit to New Delhi, India’s capital, the city witnessed big communal violence in which, so far, around 53 people have lost their lives. Hindu nationalist goons clashed with the Muslim mob. In these clashes, one police constable […]

Modi’s Tax Terrorism

Tax-Terror

With falling direct and indirect tax revenues (sic), the Modi government is desperate to raise more money to spend on their fiscal programs to allegedly bring the economy out of the slump which they think is caused by a fall in aggregate demand. Experts and even BJP MPs like Subramanian Swamy are calling this tax terrorism. I am going to analyze two […]

Indian Economy is in the grips of Stagflation

Stagflation

With the slowing GDP, the rising prices – the retail inflation rose to its highest since Modi came to power in 2014 of level of 7.35% in December – of various goods like onion, garlic, milk etc., is raising a specter of stagflation in India. Modi government is pushing RBI, which it owns, to lower […]