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Browsing Category
Finance and Economics
The Bankers Bag The Nobel Prize in Economics
The Nobel Prize in Economics was the last to be instituted in 1968 by Sweden’s Central Bank to commemorate the bank’s 300 th anniversary. Herbert Simon was the first non-economist to win the prize in 1978 and Daniel Kahneman, the…
The Production Linked Incentive Scheme: A Boon or Bane
Professor Raghuram Rajan has stirred a hornet’s nest by calling the grandiose Production Linked Incentive (PLI) scheme which aims at making manufacturing in India globally competitive; myopic and policy shortcut, by overlooking the…
Soaring Fiscal Deficit- Is it roaring on employment?
The uninvited guest Pandemic COVID-19, which has spread its tentacles in every corner of economy, will it led towards the worst-ever recession, India can face? Disruption of economic activities has made the future projection of India in…
Revival of Economic Activities after Gradual Relaxation Under the Lockdown: Concern of our Economic…
It is heartening to note the resumption of economic activities with the gradual relaxation under lockdown owing to the COVID-19 pandemic. A third of NSE manufacturing companies are at work; nearly 30% of the textile industry in Surat have…
The Dovish policy of RBI- Has it transmitted what it desired?
On 27th March the Reserve Bank of India (RBI) announced a series of steps to manage financial markets and support the economy amid the COVID-19 outbreak. Unprecedented measures were announced to ensure ample liquidity in the banking system…
Key Revival Approach for MSMEs – A Missed Opportunity
Pandemic Covid-19 has led global economy towards a recessionary downfall. The fifth largest, Indian economy in terms of nominal GDP although managed to maintain lowest human capital loss (approx 3%) by its precautionary measures in the…
Atmanirbhar Bharat: An Opportunity to Build a Vibrant Economic System
The Central Government has unveiled the details of an economic package worth Rs. 20 lakh crore or 10% of India’s GDP in 2019-20, aimed towards achieving the mission- Atmanirbhar Bharat Abhiyan. What possibilities it can bring for the…
India After 25 Years of Liberalization
At the stroke of
mid night of 14th August 1947, Pandit Jawaharlal Nehru in his iconic
speech “Tryst with Destiny” invoked the dreams of Gandhiji, “to wipe away tears
from every eye”. Nehru said “that may be beyond us but as long as there…
Financial Cul-de-sac
Eighty years back,
John Maynard Keynes wrote “The boom and not the slump is the right time for
austerity at the treasury”. As Indian economy gropes in recession, with GDP
numbers plummeting to 6.1% and 5.7%, during the last quarters, the…