Tag Archives: India

RBI Should Make the Cash Crunch Permanent

Many states of India are again experiencing situation like demonetization of 2016. ATMs all across India are running dry and we are seeing long lines outside banks. The finance minister Mr. Arun Jaitley said that this shortage of cash is because of unusual sudden spike in the demand for money. Newspapers are citing causes related […]

India’s Population: Asset or Liability?

After the recent fire at a pub in Mumbai that killed 14 young girls, Hema Malini, a Member of Parliament, in an interview complained of excessive population growth, non-stop expansion of urban areas, lack of planning, failure of citizens to adhere to rules, and corruption among public servant. Her statements—particularly the ones related with increasing […]

India is Not an Investment Haven

Decades old investment treaty with foreign governments was scrapped last year by the Modi government. The new treaty, which is offered by the Modi government to foreign investors, is having terms and conditions that give no protection to foreign investors, which is the reason why they are now reluctant to enter the Indian market: Negotiators […]

Indian Culture and Economic Development

Which factors determine country’s economic development? Development scholars have looked into this question for more than a century and they came up with different explanations like the theory of colonial victimization, dependency theory, geography and climate, institutions, culture etc. Out of these explanations the cultural explanation is fundamental. I strongly think that culture is the […]

India’s Border Problems

India has border disputes with Pakistan, Bangladesh, China, Nepal, Bhutan, and Myanmar. Are India’s neighbours particularly unfriendly? Is India necessarily so honest that we must trust the map that the Indian government provides us? In reality, any line on the world-map—depending on the scale of the map and the kind of the pen used—represents a […]