Author Archives: Madhusudan Raj

The Myth of the Fastest Growing Economy

While addressing a post-Budget interaction with industry body FICCI, the Finance Minister Sitharaman said,  India’s economic recovery is going to place it as the fastest growing economy amongst others. It’s time now for us as Team India to rise. We are at such a juncture where the revival of the economy is very clear…this recovery […]

Modi is a Second Nehru

Modi Nehru

As I have pointed out in the past, the present government of Narendra Modi in New Delhi is nothing more than a shadow of the past Nehru government as far as it comes to the matter of economic policy. Let me point out the similarities between both governments.  Nehruvian economic policies  Planned economic development Modern […]

Economics of Pollution

In the list of the world’s top polluted cities majority are from India. India’s capital New Delhi is again in the grips of very hazardous pollution. Delhi government has shutdown schools, I have no idea how shutting down schools will stop or lessen pollution or keep children healthy but that is a question for some […]

A Radical Political Proposal for India

When it comes to the political choices in India, Indians have no real choices. All political parties in India, in one form or another, are wedded to the ideology of socialism and its variants like communism. Whether it is the ruling BJP party or the major opposition Congress party or the Aam Aadmi Party, they […]

Economics of Corruption

Corruption has been maligned by everyone as if it is something bad and has to be condemned and removed from society forever. Transparency International defines corruption as, We define corruption as the abuse of entrusted power for private gain. Corruption erodes trust, weakens democracy, hampers economic development and further exacerbates inequality, poverty, social division and […]