Indian Economy is in the Grips of Stagflation

Stagflation

With the slowing GDP, the rising prices – the retail inflation rose to its highest since Modi came to power in 2014 of level of 7.35% in December – of various goods like onion, garlic, milk etc., is raising a specter of stagflation in India. Modi government is pushing RBI, which it owns, to lower […]

Arvind Kejriwal: Another Delusion in the Making

The Indian political scene, just like any other country’s political scene, is full of leaders who are good at the art of leadership of humbuggery and manipulation. Today many people in India are worrying about Narendra Modi government, just like any other past governments, as it also did not fulfill its election campaign promises. Narendra […]

India Descending into Dark Abyss

Society and Polity India is descending into a dark abyss. It is becoming a lawless and barbaric nation state. The evidence of this is everywhere e.g., recently in Hyderabad four boys allegedly raped a veterinarian doctor and burned and killed her. Such rape cases have become a daily occurrence in India and public anger was […]

Making Sense of JNU Fee Hike

Delhi and with it India is again rocked by protests by JNU, Jawaharlal Nehru University, students who are opposing a so-called steep hike in their hostel fees. As reported by newspapers, Under the new hostel charges, students have to pay a service charge of Rs 1,700 per month. This charge did not exist earlier. Rent […]

Mises Interviews, Episode 2, Mr. Jayant Bhandari

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 […]

Is Corporate Tax Cut a Win-Win for Indians?

As we all know, the Indian economy is going through one of the worst economic recessions it has ever witnessed in modern history. Starting from auto and realty sector, manufacturing, FMCG (Fast Moving Consumer Goods), agriculture and even underwear industry are facing big sale drops and inventory pile ups. All these symptoms are of a […]

Modi Pushes for Population Control

Population control is back on the agenda of the present Indian government of Narendra Modi. In his 15th August Indian Independence Day speech prime minister Modi put his government’s focus back on population issue, and he went as far as to say that, But there is a vigilant section of the public which stops to […]

CEA Blaming Businesses and Market Economy for Slowdown is Hypocritical

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 […]

The Real Athenian Democracy

Democracy is our present world’s political religion. India supposedly is world’s largest democracy. We are being bombarded everyday by politicians, media pundits, academicians and other intellectuals about the virtues of democracy. In his second term’s first Mann ki Baat program prime minister Modi termed democracy as a part of India’s culture and heritage while on […]

Modi’s Central Planning Folly

Modi government, since again coming to power with even bigger majority than in 2014, is centralizing the economy and the society at a rapid pace. It is bringing out one central plan after another one. It is trying to dictate every little thing that is going on in India. For example, apart from the flurry […]