Category Archives: Musings in Economics

Aren’t Rajan and Jaitley on the same side?

Rumour had it that there was a split between the RBI and the Finance Ministry till January 15 when the RBI decided to announce a cut in the interest rates. Well, not rumours quite as they were fuelled publicly by … Continue reading

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Prof. Bhagwati has got it wrong

Prof. Jagdish Bhagwati has written an invited article on the front page of Economic Times today (Jan. 9). He has made a strong case for Narendra Modi’s Make in India (and sell abroad) campaign and has urged the Prime Minister … Continue reading

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Union Budget 2012: Goodbye Aam Admi

Continuing with the iniquitous agenda of the last budget, the Finance Minister has presented a budget which increases indirect taxes, which will be passed on to all sections of the population through price rise. This is a classic case of … Continue reading

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Is the IMF ‘bailing out’ Greece?

Even as we were hearing the news of tapering off of the Great Recession, as the current economic crisis is now popularly known, Europe started witnessing an increased share of the crisis. While it is true that we see Greece … Continue reading

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