The most important point, which the RBI should explain to the country - but doesn't - is that government gold and RBI gold are very different when it comes to using it for getting foreign exchange
The government has to generate a huge amount of employment without giving an upward push to inflation, while keeping subsistence spending intact
A govt employee is invulnerable. The chances of being dismissed for non-performance are the same as the chance of being caught for travelling without a ticket on the Bombay suburban trains
Robin Hoodism - robbing the rich to pay the poor - isn't consistent with either democratic ideals or trust in government
It has always been slow and often erratic, but now issues of personal loyalty to political bosses have also begun to deface it.
No government has the right to ask these platforms or intermediaries to disclose the identities and other details of their customers. That's like asking postmaster to open your mail. It just won't do
What better way is there to empower states than for them to have their own income tax and have a greater degree of financial independence?
Government's side lacks three things that matter most, namely, the ability to comprehend, communication skills, and the tricks needed for good articulation
Publishing has come to a virtual halt because the retail shops are shut and, as result, so are the large distributors
Many govts think they can recover from serious reverses. In fact, however, they almost never do. In such situations, the most important national task becomes to restore their credibility and authority
A quick survey of history shows that a combination of governmental/bureaucratic stupidity, intelligence failure and simple arrogance has always led to monumental disasters.
The Modi government had ample time for reforms but in spite several warnings and suggestions it has failed to do so.
In 1977, the Janata government asked him to leave and made Narasimham governor for five months
Since 1990, women comprise "only 11 per cent of all authors published in top economic journals" even though they make up between 20-30 per cent of the total number of economists
Mundell was an intellectual's intellectual and he was exactly what the BJP needs today to legitimise its economic policies.