Last evening I stepped out of home wearing my face-mask braving Omicron in the streets of Chennai to go to the above meeting to listen to the economics guru and dashingly photogenic ex-RBI Governor. I wanted to get a feel of his ideas —- new, fresh and profound if any he had to offer —-Continue reading “An evening listening to Dr. Raghuram Rajan told me little about Indian Economics and even less about Constitutionalism”
Category Archives: india economics
Dear Government of India, please make law or policy to make Big Farming in India earn their MSP entitlement through CSR 🙏
The policy of CSR …. Corporate Social Responsibility …. was ushered in to the country only recently. Today the Indian corporate sector is engaged actively in many good CSR initiatives and activities across the country thanks to the Tax-incentives under the Indian Income Tax Law that have been made available to all eligible corporates whoContinue reading “Dear Government of India, please make law or policy to make Big Farming in India earn their MSP entitlement through CSR 🙏”
Holy Cow!
For a country where, at the drop of every religiously sentimental hat, a furious public outcry is often raised over “go-Hathya” or “cow slaughter” , I wonder how India has managed to rank 3rd on the top-10 list of global exporters of beef! I wonder which countries of the world import beef from India ?Continue reading “Holy Cow!”
INDIA’s BURGEONING RESERVES OF FOREX : To what purpose?
https://in.news.yahoo.com/indias-forex-exchange-reserves-surge-030850560.html US $ 608 billion … as on date .. in gold bullion and a basket of foreign “hard currency” and Special Drawing Rights(SDRs) all stashed away in the safe vaults and on the books of accounts of the Reserve Bank of India! The purpose for which individuals and nations accumulate Reserves is mainly toContinue reading “INDIA’s BURGEONING RESERVES OF FOREX : To what purpose?”
THE FINANCIAL TRIUMVIRATE OF INDIA DESERVES CREDIT AND GRATITUDE
The chart above is a bill of health for the state of the world economy and its finances. Nothing looks good for several countries of the world … even the so-called “advanced economies”. In comparative terms , the chart tells me that India is doing no better or no worse than many of the advancedContinue reading “THE FINANCIAL TRIUMVIRATE OF INDIA DESERVES CREDIT AND GRATITUDE”