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Yearly Archives: 2015

Home 2015

Prof. Bhagwati has Got it Wrong

  • January 12, 2015
  • Rohit Azad
  • Political Economy, Trade and balance of payments
  • 0 Comments

Prof. Jagdish Bhagwati has written an invited article on the front page of Economic Times on January 9. He has made a strong case for Narendra Modi’s Make in India (and sell abroad) campaign and has urged the Prime Minister…

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Rural Diversity and Diversification

  • January 5, 2015
  • C. P. Chandrasekhar
  • Poverty
  • 0 Comments

Economic diversification in rural India, involving the emergence and growth of non-agricultural activities, is considered an important means of increasing employment and per capita incomes, and improving standards of living. However, non-agricultural activities themselves are of various kinds differing in…

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Asian Banks in Trouble

  • January 2, 2015
  • C. P. Chandrasekhar
  • Finance, Monetary Policy, World Economy
  • 0 Comments

Emerging Asia, analysts argue, is all wrapped up in debt. For some time now they have warned about the dangers involved in the rising volume of private debt—both corporate and household—in Asia, as a result of a reversal of the…

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The RBI Governor’s Unwarranted Remarks

  • January 2, 2015
  • Prabhat Patnaik
  • Finance, Political Economy
  • 0 Comments

The Governor of the Reserve Bank of India, Dr. Raghuram Rajan, while inaugurating the annual conference of the Indian Economic Association at Udaipur on the 27th of December, questioned the wisdom of the debt-waiver scheme for agriculturists, which the UPA…

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