Post Tagged with: "Indian Economy"

Hindutva Hindrance to Economic Growth and Development in India

Hindutva Hindrance to Economic Growth and Development in India

The perils of Indian economy are products of directionless economic policies of Modi government. It is led by ignorant leadership and arrogance of Hindutva politics based on exclusionary ideology, which is inspired by European Nazism and fascism. There is a method madness in the reactionary politics of BJP and RSS. It intends to convert multicultural India into a monolithic India[Read More…]

by 16/11/2020 Comments are Disabled India
A peacock, divine providence and we

A peacock, divine providence and we

At that time, the peacock was eating the grain given by its lord in the bungalow of Lok Kalyan Marg. And by that time, the number of coronavirus affected people has reached 30 lakhs 30 thousand and 752. And 57 thousand 524 people have died. Exactly four days later, the finance minister of the country had discharged her duties by[Read More…]

by 23/09/2020 Comments are Disabled India
 India’s corporate tax cuts fail to deliver on its promises: Is there a way out?   

 India’s corporate tax cuts fail to deliver on its promises: Is there a way out?   

Coronavirus could have sounded the death knell for capitalism. The Economic Times called it a time of “ethical reboot,” while New Statesman invoked “the need for an entirely new economic system” of governance. This could have become our new reality, if not for the governments all over the world swooping in to rescue their most beloved—The Corporates. Our current business-centric,[Read More…]

by 05/09/2020 Comments are Disabled India
Nirmala Sitharaman’s economics as an act of god in India

Nirmala Sitharaman’s economics as an act of god in India

The Finance Minister of India, Ms Nirmala Sitharaman in Mr Narendra Modi led BJP government has attributed the pandemic led economic downturn as an act of god. She is not alone in this ‘act of god’ bandwagon. The theological reasoning gives temporary relief to the ruling classes but failed to provide long term hiding ground in history.  The extra ordinary[Read More…]

by 29/08/2020 1 comment India
Predicting the Indian Economy’s Rate of Growth in 2020-21

Predicting the Indian Economy’s Rate of Growth in 2020-21

  What will Indian Economy’s rate of growth be in 2020-21 given the present lockdown? Evidence of a stalled economy are all around –unemployed workers, closed shops, factories and offices, empty roads, etc. Only essential goods are being produced and that too with some difficulty due to supply chain bottlenecks. Agriculture can function but there too, operations have been hampered[Read More…]

by 07/06/2020 1 comment India
Coronavirus pandemic will contract India’s economy in 2020-21, warns central bank

Coronavirus pandemic will contract India’s economy in 2020-21, warns central bank

The Reserve Bank of India (RBI) has slashed its growth forecast for this financial year and warned of inflation uncertainties as India’s economy suffers due to the Covid-19, pandemic. While the country’s GDP growth is set to “remain in the negative territory with some pick up in second half” of the 2020-21 fiscal year, RBI Governor Shaktikanta Das did not[Read More…]

by 22/05/2020 1 comment India
COVID-19 Crisis: Understanding the State of Economy during and after the Lockdown

COVID-19 Crisis: Understanding the State of Economy during and after the Lockdown

Nothing could have brought the global economy to a grinding halt like the COVID-19 pandemic in recent history. Barring essential goods, the production, sale, and consumption of all goods and services have been affected. This article offers a low-down on the stalled economy, and also makes projections for India’s post-pandemic economy. At the time of writing this article, the Government[Read More…]

by 17/05/2020 Comments are Disabled India