India’s Finance Minister Nirmala Sitharaman at the US-India Business Council’s India Ideas Summit said, Instead of inflation, red-lettered priorities for the country would of course be jobs, equitable wealth distribution and making sure India is moving on the path of growth. In this essay I am going to discuss the relationship of inflation with jobs, […]
Author Archives: Madhusudan Raj
15
Aug
Aug
We are being told since childhood that for the sake of mother India – Bharat Mata – we need to sacrifice our lives, we need to regularly and honestly give our money to mother India in the form of taxes, we need to diligently without fail follow all the rules, constitution and other legislative acts, […]
07
Aug
Aug
Nationalism is rising in India under the relentless propaganda from the Indian government and its leaders. Such nationalism for India is nothing new. The Congress party under the leadership of Nehru used nationalism against the British colonial rule to win power for themselves. All the policies like import substitution or inward looking of the Nehruvian […]
28
Jul
Jul
As I have talked in the past, the value of Indian rupee against US dollar continues to decline. Rupee has now hit its historical low level of Rs.80 per dollar. Indians are feeling the heat of the RBI generated inflationary monster. Against this background the Indian news media have started peddling a thought that somehow […]
16
Jun
Jun
Prime minister Narendra Modi’s economic advisory panel has published a report called The State of Inequality in India. This report is prepared by the Institute for Competitiveness. This ironically named institute from Gurgaon has noticed the skewed income distribution of India and suggested the following government’s size enhancing measures, the Government should launch a guaranteed […]