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 […]
Tag Archives: RBI
28
Dec
Dec
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 […]
07
Oct
Oct
In our second episode we sit down with Mr. Jayant Bhandari to discuss Indian economy, society and culture. Mr. Bhandari throws light on the underlying cultural factors that are necessary prerequisite for the progress of India. He also analyzes the economic policies of Modi and all other past governments while discussing the future of the […]
23
Aug
Aug
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 […]
10
Dec
Dec
As I opined in my previous article, the RBI governor Dr. Urjit Patel has today resigned finally after a long tussle with the Narendra Modi government. As I discussed earlier, Modi government is under intense pressure to boost the growth and employment figures in the run-up of its reelection next year. The only way in […]