ECONOMIC POLICY

LOOTING THE RBI

The Reserve Bank of India (RBI) has three main areas of responsibility. It is a banker of banks and is responsible for maintaining public confidence in the banking system. It is also the government’s […]

2019-09-09T14:25:19+00:00 September 9th, 2019|

SHOULD INDIA BORROW OVERSEAS?

In the 2019 budget, the FM announced that the government would increase its borrowing in the international market. This was being done to avoid the “crowding out” effect—a phenomenon where the government borrows money […]

2019-07-28T19:38:52+00:00 July 28th, 2019|

INDIA’S LOST DECADE

Countries pass through stages on the road to economic prosperity. Economist W.W.Rostow postulated five such stages of economic development: the traditional society, pre-take-off, take -off, drive-to-maturity, and period of mass consumption.

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2018-08-11T00:44:40+00:00 August 8th, 2018|