Modi Pushes for Population Control

Population control is back on the agenda of the present Indian government of Narendra Modi. In his 15th August Indian Independence Day speech prime minister Modi put his government’s focus back on population issue, and he went as far as to say that, But there is a vigilant section of the public which stops to […]

CEA Blaming Businesses and Market Economy for Slowdown is Hypocritical

The Indian, and world economy, is entering in one of the worst phases of modern day recession right now. The warning signs of rapidly slowing Indian economy are everywhere. Auto companies are firing workers at a rapid pace and halting production. Even age old manufacturing company like Parle, which makes famous Parle-G biscuits, is firing […]

Will Consumption Boost India’s Economic Growth?

India’s new and first female finance minister Nirmala Sitharaman in an interview recently said , At this stage, what we are looking at is making sure that consumption is encouraged through various steps that we’re taking, actually get the money into the hands of people, rural, particularly. This whole DBT-based transfer of entitlements to those […]

The Real Athenian Democracy

Democracy is our present world’s political religion. India supposedly is world’s largest democracy. We are being bombarded everyday by politicians, media pundits, academicians and other intellectuals about the virtues of democracy. In his second term’s first Mann ki Baat program prime minister Modi termed democracy as a part of India’s culture and heritage while on […]

Behavioral Economics: New Excuse for Government Tyranny

Chapter 2, Vol I of the Economic Survey of India 2018-19 begins with this title: Policy for Homo Sapiens, Not Homo Economicus: Leveraging the Behavioural Economics of “Nudge”. It starts with the following Sanskrit stanza: We cannot rely totally on rational thinking to gain information, as it is not without its bias. The following is […]