Nationalism is rising in India under the relentless propaganda from the Indian government and its leaders. Such nationalism for India is nothing new. The Congress party under the leadership of Nehru used nationalism against the British colonial rule to win power for themselves. All the policies like import substitution or inward looking of the Nehruvian […]
Tag Archives: Make in India
20
Dec
Dec
Recently the government of India raised import duty on electronic items including cellphones and TVs to allegedly boost its Swadeshi campaign of Make in India as well as government revenues (sic). Let us analyze this protectionist policy of government using sound economic laws and see if it is capable of achieving its stated goals. […]
17
Dec
Dec
Until a couple of decades back, Indian politicians were restricted to using only Indian cars, the now extinct Ambassador or Premier Padmini. The cars of the President and the Prime Minister, however, except for the facade, contained engines and other mechanisms imported from Germany, etc. Both companies have since gone the way of the […]
07
May
May
The Finance Minister of India, Mr. Arun Jaitley, who is attending ‘Asia’s Economic Outlook: Talking Trade’ in Japan right now, recently said that, Protectionism can blunt US firms’ efficiency … US firms may become sluggish if cheaper products and efficient services are cut off to them due to protectionist policies … India has so far […]