Tag Archives: Modi

On the Relationship of Inflation with Jobs, Equitable Wealth Distribution and Economic Growth

India’s Finance Minister Nirmala Sitharaman at the US-India Business Council’s India Ideas Summit said, Instead of inflation, red-lettered priorities for the country would of course be jobs, equitable wealth distribution and making sure India is moving on the path of growth.  In this essay I am going to discuss the relationship of inflation with jobs, […]

Nationalism is Death

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 […]

The Manufactured Unemployment Crisis of India

Before the mindless covid lockdown was imposed by the Modi government in March 2020 the unemployment rate in India was already at a 45 year high. Post lockdown the unemployment rate has sky rocketed and last April it was 7.83%. The latest CMIE report presents a very grim scenario of the Indian labor market. It […]

The Myth of the Fastest Growing Economy

While addressing a post-Budget interaction with industry body FICCI, the Finance Minister Sitharaman said,  India’s economic recovery is going to place it as the fastest growing economy amongst others. It’s time now for us as Team India to rise. We are at such a juncture where the revival of the economy is very clear…this recovery […]

Modi is a Second Nehru

Modi Nehru

As I have pointed out in the past, the present government of Narendra Modi in New Delhi is nothing more than a shadow of the past Nehru government as far as it comes to the matter of economic policy. Let me point out the similarities between both governments.  Nehruvian economic policies  Planned economic development Modern […]