Category Archives: Analysis

Same Old Socialism

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 […]

Does Inflation Have a Good Side?

Some old fallacies never die no matter how hard we try to expose them. The fallacious notion of the virtues of inflation among some of the mainstream economists and media pundits is one such fallacy. Such fallacies are the result of a total misunderstanding of how an economy works. Mainstream economists and pundits, who rely […]

On the Hijab Ban

Karnataka high court has upheld the government’s orders on the ban on wearing hijab (headscarf) by Muslim girls in school/college etc., places. In its verdict the high court said,  India’s Karnataka state has ruled that the hijab is not “essential” to Islam. The three-judge bench held that allowing Muslim women to wear the hijab in […]

Elon Musk vs the Indian Government

Some recent headlines re the entry of Elon Musk’s electric car company Tesla in India read something like the following,  American car manufacturer, Tesla, is in serious negotiations with the Indian government over its entry into India. India is a very large market and all levels of purchases (high-end, mid-range and entry-level) are significant. However, […]

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 […]