Bharat’s Economy


Can Bharat become a global manufacturing hub?

The share of secondary sector in GDP and employment of workforce in 2019 compared to 1951 is as under. Sector Share in GDP (1951) Share in GDP (2019) Secondary sector…


GDP vs Human Development Index

With a nominal GDP of $2.94 trillion, Bharat has become the fifth-largest economy in 2019, overtaking the United Kingdom and France. The country ranks third when GDP is compared in…


GST

Galvanizing Simple Transparent Tax

GST was introduced in Bharat on 1st July, 2017 as a tax reform measure for unification of all indirect taxes across the country. The items that are kept outside the…



Lessons from China in Global Trade

China is Bharat’s biggest trading partner after the USA. China accounted for over 5% of Bharat’s total exports in financial year 2019-20 and more than 14% of imports. Bharat has…




Fiscal and Monetary Policies at X-Roads

While some leaders, particularly the politicians cutting across party lines, have been advocating that RBI should monetize the fiscal deficit of the government in order to pump in more liquidity…


‘न टैलेंट की कमी, न टेक्नोलॉजी की और न पूँजी की’ : आत्मनिर्भर भारत

‘देश में न टैलेंट की कमी है, न टेक्नोलॉजी की और ना ही पूँजी की | हमारे पास बैंकिंग, फार्मा, ऑटो सेक्टर में वर्ल्ड- क्लास कम्पनीज़ हैं, जिनका  बड़ा  लाभ…