A few days ago, economist Abhijit Banerjee said that the Indian economy had been one of the worst performing in the world. One of the main factors behind that, according to him, was inadequate fiscal stimulation in the economy which has led to no growth on the demand side or on the purch...
Economists, irrespective of schools of thought, are doubtful about the fruitfulness of the recently enacted agricultural reform laws. Even Ashok Gulati, who is one of the most prominent supporters of allowing free market dynamics in the Indian agricultural sector, is not very optimistic about the ne...
Krisnamurty Subramanian, the Chief Economic Advisor (CEA), India has recently stated that the downward economic trajectory would reverse shortly and hoped for a ‘V’ type recovery of the Indian economy. The opposition parties, particularly the Congress and the Left, are not taking the CEAâ€...
Throughout the world, festival seasons give a big boost to the economy. This is the only time in recent memory, festivals may not be able to boost growth.The Chinese New Year festival in January was impacted heavily. Japan is relatively less affected by Covid-19 but its ‘Hanami’ festival in Marc...
In the Covid-19 episode one of the important changes that go in favour of the Indian economy has been the increased opportunity of renewable energy (RE) - particularly solar energy. As of now, wind energy is the biggest producer of RE in India. However, according to domain experts,...
An economic debate that originated in the nineteenth century England and that appeals to students of economics even today is the debate over Corn Law (1815). On the eve of the Industrial Revolution in England, the efficacy of the Corn Law (1815) that banned the import of cheap food grains from...
The Goods and Services Taxes (GST) has been in operation since July 1, 2017. The GST was projected as a revolutionary indirect tax reform in the country. The purposes of implementing the GST have been many. The main projected advantages were to ensure an increase in GDP, reducing inflation, guarante...
This year, agriculture is expected to be better depending on the better than expected monsoon. It has been a great relief for the country which is grappling with the Covid-19 pandemic. Good agriculture stabilises food supply, maintains rural employment and ensures income generation. A section ...
Malnutrition refers to deficiencies, excess or imbalances in a person’s intake of energy and/or nutrients. There are two broad categories here: the first includes undernutrition. Undernutrition includes stunting, that is low height for age and wasting or low weight for height. There are othe...