Will debt spur India’s GDP growth this time despite textiles languishing?
RN Bhaskar
On 31 October, 2023, the RBI governor, Shaktikanta Das, stated that the growth momentum in the economy continues to be strong, and that the GDP number for the...
http://www.freepressjournal.in/analysis/r-n-bhaskar-the-government-gets-richer-while-people-become-poorer/1004973
Demonetisation and the shrinking bank credit
The finance minister is exultant. He proudly points to the surge in tax collections. He then uses these numbers to deny that demonetisation has led to any serious slowdown in the Indian economy. His...
https://www.freepressjournal.in/analysis/a-shrinking-middle-class-could-roil-india-badly
Shrinking middle class, warped policies, could hurt India badly
RN Bhaskar
The writing was on the wall. Poverty is on the march. All the slogans about a resurgent India, self-reliance had begun to sound a bit stale, irrelevant, even distasteful.
Poverty triumphs...
http://www.freepressjournal.in/npa-albatross-around-banks-neck-rn-bhaskar/857767
The scourge of NPAs
The markets are still reeling. They are trying to cope with the NPA burden. Estimated at Rs.4 lakh crore, NPAs threaten to become almost 1.5 times the cumulative market capitalization of these banks. Some of these...
http://www.freepressjournal.in/indias-expensive-solar-power-birth-pangs/
Oct 01, 2015 12:19 am
Amidst all the euphoria about India’s tremendous progress in incremental solar power addition, there is a sudden realisation that all is not picture perfect. Not yet.
The most painful part is the cost at which...
https://www.freepressjournal.in/analysis/policy-watch-does-anyone-even-know-how-many-deaths-take-place-in-india
The worrisome tale of unknown deaths in India
RN Bhaskar – 23 April 2020
Death is a serious subject. It becomes a looming grim reality when a pandemic is around. Unfortunately, India does not even know how many have died.
The seriousness...
http://www.freepressjournal.in/analysis/india-harms-its-demographic-dividend/1217369
India ignores its demographic dividend
— By RN Bhaskar | Feb 08, 2018 07:53 am
One would have thought that any government that was keen on improving the lot of its people would have focussed on two critical areas – education and...
https://www.freepressjournal.in/analysis/when-the-inr-falls-it-is-easy-to-blame-gold-writes-rn-bhaskar
A weak INR and growing CAD are a result of poor gold policies
By RN Bhaskar
The RBI in its recent report (https://www.rbi.org.in/Scripts/BS_ViewBulletin.aspx?Id=21137#FN14) states “Gold imports at US$ 2.6 billion in June 2022 were almost half the level of US$ 6.0...
Policy watch
India excelled in the art of earning its wealth, not plundering it
By RN Bhaskar
This is a story not just for historians, but for India’s policymakers. It tells of how Indian entrepreneurship can be truly unlocked if they are...
Much of India is poorer than the sub-Saharan region
By RN Bhaskar
After all the talk about Viksit Bharat, last fortnight’s developments have highlighted the hollowness of such claims. What is ironic is that instead of focussing on the key economic...
