The RBI’s relentless high interest rates are killing the new entrepreneurial class and has forced India’s growth rate to fall below the average of the past 30 years.
The Censor Board in Kolkata has stalled the release of a documentary on the Nobel laureate because the director has refused to beep out Sen saying ‘Gujarat’, ‘cow’, ‘Hindu India’ or ‘Hindutva view of India’.
He made original contributions to social choice theory, general equilibrium, growth theory, the analysis of discrimination against groups and healthcare, and remains the youngest economist to win the Nobel Prize.
For the last few days the world is watching the bizarre spectacle of millions of Indians waiting in long, unending queues to recover their own money from banks, post offices and ATMs even as the government at the Centre remains firmly in denial about the untold hardship to […]
Policy makers should conduct deeper analysis of how many subtle factors shape inflation and its effects on the Indian economy.
An inability to think out of the box has cost India years in terms of industrial growth and jobs
The Modi government needs to take swift action to bring down interest rates drastically if it wants to kick start an economic recovery
RBI governor Raghuram Rajan needs to halve India’s lending rates and allow companies to get out of debt in order to revive growth and undo five years of flawed policymaking.