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Monthly Archives: December 2014

Home 2014 December

Make in India

  • December 29, 2014
  • Jayati Ghosh
  • Political Economy
  • 0 Comments

The website is impressive, no doubt about it. It is sleekly designed and easy on the eye, and it appears to offer a lot of information on what is supposed to be the Modi government’s ambitious new initiative to transform…

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The Phenomenal Increase in Wealth Inequality

  • December 16, 2014
  • Prabhat Patnaik
  • Economy and Society, Political Economy
  • 0 Comments

Credit Suisse brings out a Global Wealth Report every year. The current year’s report takes up for specific discussion the issue of wealth inequality. The term “wealth” in the report covers only household wealth and refers to the value of…

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Bad News in the Good Days

  • December 16, 2014
  • C. P. Chandrasekhar
  • Monetary Policy, Political Economy
  • 0 Comments

The BJP under Narendra Modi has been by and large favoured by fortune. This is reflected not just in the fact that it managed to win 52 per cent (282) of the seats with just 31 per cent of the…

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Fiscal Correction versus Democracy in India

  • December 12, 2014
  • Jayati Ghosh
  • Fiscal Policy, Political Economy
  • 0 Comments

There is a reason why budgets have to be passed in parliament (in India certainly, but also in most other countries). There is a reason why, as per the Indian Constitution, the Finance Bill that details the revenues and expenditure…

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