Tag Archives: RBI

Economic Impact of the Lock down on India

Covid GDP

Mises India Institute President Dr. Madhusudan Raj was recently interviewed by Mr. Yohan Tengra of Anarchy for Freedom India to discuss the economic fallout of the Covid-19 lock down that the Indian government has imposed since last couple of months. They discussed the following topics: Economic condition of India before the lock down, The main […]

A New Self Reliant India

Self Reliant India

Amidst the ongoing Covid-19 lock down in India, yesterday the prime minister announced continuation of the lock down in its fourth phase in little less restricted mode. More importantly, he also announced an economic stimulus package worth 20 trillion rupees i.e., some 10% of India’s GDP. This package will also include already announced measures as […]

Coronavirus and the State

Coronavirus in India

Covid-19 Pandemic The world is in an unprecedented lock down over a threat of a flu virus’s new strain called SARS-Cov-2 that causes a respiratory disease called Covid-19. All the data so far coming suggest that the only group most vulnerable to this disease are very old people with underlying health issues like diabetes, heart […]

How RBI caused the Yes Bank and PMC Bank Collapse

Banking crisis

Recently Mises India Institute President Dr. Madhusudan Raj was interviewed by Mr. Yohan Tengra of Anarchy for Freedom about the on-going banking crisis in India. After the collapse of PMC bank few months ago, recently another big bank Yes Bank has also collapsed. Depositors have lost their everything; some have lost their lives also. Who […]

RBI is Trying to Do Something Impossible

recession

Amidst the on-going severe recession in the Indian economy, the Indian central bank RBI is trying to do something impossible. Driven by its Keynesian logic of lack of aggregate demand as the root cause of the recession, RBI is trying to boost both consumption and investment at the same time. In its recently published bi-annual […]