The full impact of Narendra Modi government’s economically unsound policies of demonetization, GST as well as lose money policy of RBI in the form of lending cheap artificial credits to insolvent borrowers via commercial banks resulting in huge load of unproductive debt has started to show on the Indian economy. Finance ministry officials are now […]
Category Archives: Commentary
02
Sep
Sep
The exercise of demonetizing around 87% of all circulating currency note supply taken by Narendra Modi and RBI last November has resulted into nothing but overall disaster for the economy. In his televised speech on 8th November, 2016 Narendra Modi talked about three main goals of the whole demonetization exercise, and they were: Curbing financing […]
08
Aug
Aug
On a recently concluded residential course for men and women volunteers of Hindu Swaysmsevak Sangh (HSS) at Nagpur the RSS chief Mr. Mohan Bhagwat said, only India could rescue the world from the clutches of capitalism. “The whole world is in the clutches of capitalism. Only India can rescue the world from this calamity.” Is […]
01
Aug
Aug
We are witnessing an age old fact about the State playing out in front of our eyes in India today. This fact is that of, as Murray Rothbard said, the state as an apparatus of parasitism which uses, as Franz Oppenheimer said, political means for its survival. The state is an institute which represent political […]
24
Jul
Jul
In the zeal of controlling everything that either walks or doesn’t walk, the present Narendra Modi government of India is shooting in its own foot. It is giving one shock after another to the society and economy in the form of mob lynching of innocent people in the name of “cow protection”, beef and myriad […]