The hype about India being the most attractive investment destination
RN Bhaskar
Suddenly, there is a rash of announcements proclaiming India to be the best investment destination in the world. Such a view has been echoed by, among others by Outlook...
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...
India’s poor record-keeping about deaths and ghost voters
RN Bhaskar
On May 22, 2023, there were news reports about the Home ministry planning to introduce a new Bill in the Parliament. The Bill would seek to link birth and death registers...
Inflated views and deflated economy
RN Bhaskar
“When India moves forward, the world moves forward”
“Today's India is leaving behind the mentality of slavery and embracing that ancient glory of art.”
Narendra Modi, Prime Minister of India, on 28 May 2023 -- https://pib.gov.in/PressReleseDetail.aspx?PRID=1927866
Leaders...
Has India eliminated poverty?
RN Bhaskar
Last week, the government proudly declared that it had reduced Multidimensional poverty during the past five years (https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1940125). It claimed that.
13.5 crore Indians escape Multidimensional Poverty in 5 years.
Steep decline in number of...
Power generation is as critical to humans as water, education, and healthcare. The government has goofed badly on all these front
At first glance, India has done quite impressively on the power generation front. Statistics from the Central Electricity...
Without economic growth, India's population bonanza means nothing
RN Bhaskar
There was almost a collective whoop of joy in India when the UN came out with its report showing that India’s population had now exceeded China’s. But the actual picture could...
Derivatives, USA and Armageddon
By RN Bhaskar
In a way, the world has been too gentle with the US. It has allowed that country to play around with other people’s money, to create and abrogate treaties at will, to stoutly deny...
Behind India’s hoopla about GST and GDP is a grim reality
By RN Bhaskar
Lately, there has been a great deal of excitement over India’s GST (Goods and Services Tax) collections climbing by another 13% on a year-on-year basis. And people...
Policy Watch
Financial traps through Aadhaar and NPCI
RN Bhaskar
In the last week of September, government officials were rudely shaken by questions raised by Moody's Investors Service regarding the reliability of Aadhaar, specifically concerning biometric technology's effectiveness in India's hot and...
