MARKET PERSPECTIVE
By J Mulraj
May 17-23, 2025
Greed for tax revenue leads to bad decisions
Image created using Bing
India’s tax/GDP ratio seems, on surface, to be low, at 11.7% (direct taxes 6.1% of GDP and indirect 5.6%). The ratio is higher in...
http://www.freepressjournal.in/business/contract-farming-now-has-to-take-roots-in-mp-rajnikant-rai-ceo-itc-agri-business-division/1290275
Contract farming now has to take roots in Madhya Pradesh: Rajnikant Rai, CEO, ITC Agri Business Division
— By Pankaj Joshi and R N Bhaskar | Jun 05, 2018
The state of Madhya Pradesh has made rapid progress in the agricultural sector....
How to give India's gold a better glow yet make it part of a "Make in India" movement
You can download the full report from here:
Gold is one of the oldest industries in India employing almost 3.5 million people.
But its...
http://www.firstpost.com/business/the-great-indian-irony-farmers-starve-while-politicians-agriculture-income-continue-to-rise-3360212.html
Loan waivers, farmer suicides, private wealth and public starvation
RN BhaskarMar, 30 2017 16:56:33 IST
There is something horrible, almost Kafka-esque, that is taking place in Maharashtra.
Politicians across the spectrum have been demanding loan waivers. When a banker cautions against erosion...
http://www.moneycontrol.com/news/trends/current-affairs-trends/how-saving-the-cow-comes-with-collateral-damage-jobs-exports-freedoms-votes-2307153.html
Milk, meat, cattle, people – II
Cutting one’s nose to spite one’s face
R.N.Bhaskar, Jun 19, 2017 11:27 AM IST
The first part can be viewed at http://www.asiaconverge.com/2017/06/why-the-cattle-slaughter-ban-is-a-bad-idea-mirrors-another-fundamentalist-streak/
Hopefully, the assurances on the cattle slaughter ban by the government before the SC on...
https://www.moneycontrol.com/news/business/india-needs-to-re-think-at-least-five-policies-in-respect-of-waste-management-4510371.html
India is wrong about waste management in at least five ways
RN Bhaskar -- 9 October, 2019
For the last few years, Indian politicians like to rail and rant against the use of plastic. Some states have even gone to the...
https://www.freepressjournal.in/business/budget-2022-focus-on-agriculture-to-revive-indias-economy
Budget-22 ought to focus on agriculture
RN Bhaskar
The finance minister will be announcing her budget-22 measures soon. Once again, you can expect her to assure the country that all-is-well. This is a song we have heard for the past several...
How India was plundered, again and again
Part I – http://www.asiaconverge.com/2020/08/government-plunder-productive-states-in-india/
Part II – http://www.asiaconverge.com/2020/09/india-plundered-again-by-tweaking-rules-against-prosperous-states-and-encouraging-profloigacy-irresponsibility/
Part III — http://www.asiaconverge.com/2020/09/india-plundered-iii-through-tax-devolution-and-transfgers/
Part IV — http://www.asiaconverge.com/2020/09/indian-governments-outdid-aurangzeb-they-emasculated-hindu-temples/
Part V : http://www.asiaconverge.com/2020/09/india-plundered-v-many-ways-plundering-india/
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http://www.firstpost.com/business/demonetisation-impact-chidambaram-is-wrong-indias-gdp-will-soar-even-without-new-jobs-3243304.html
Epayment spells boom-times for financial intermediaries
RN BhaskarFeb, 02 2017 13:59:54 IST
Critics of demonetisation (and epayment) are quick to point out that the de-legalisation of high value notes could lead to a slowdown of the economy.
Maybe, it will.
But even then...
MARKET PERSPECTIVE
By: J Mulraj
AUG 5-11, 2023
Can the former innovate fast enough?
Some 2400 years ago, Hippocrates, the father of modern medicine, said ‘there are, in fact, two things. Science and opinion. The former begets knowledge. The latter begets ignorance.’
Read the...
