The Indian finance minister Ms. Nirmala Sitharaman while addressing the annual general meeting of the Indian Chamber of Commerce (ICC) said that, While in early 2020 green shoots and revival signs of the economy were visible, it was upset with the pandemic setting in. the government has taken several of measures to support the economy […]
Category Archives: Commentary
12
Oct
Oct
The next batch of reform accompanying recent farm bills by the Modi government has arrived in the form of Swamitva Yojana for the rural people. Why did I say ‘reform accompanying recent farm bills’? Because combined with those bills and looking at the intentions of this scheme, it looks like the Modi government is readying […]
26
Aug
Aug
The Indian central bank RBI recently said that, Indian government consumption key to growth in economy amid pandemic. Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic recovery once the coronavirus threat eases. Is it so? Is government spending and consumption key to growth? […]
25
Apr
Apr
The original social contract which was prepared by political philosophers like Thomas Hobbes, John Locke and, especially, Jean Jacques Rousseau has expired. 300 years history of the world has proved that that contract hasn’t worked. It has failed. That contract was designed to bring the institution of Leviathan i.e., the State into existence so that […]
10
Apr
Apr
After 17 days of lock down in India, the official figures for total infections and deaths due to Coronavirus are 6,600 and 228 people respectively. At the beginning of this lock down the same numbers were 614 and 9 people respectively. Despite the lock down, infection cases in India have gone up 10 times and […]