Burgeoning Debt of the States, a Cause for Concern
Debt burden of various states of the union is worrisome and is a manifestation of the reckless expenditure and lack of fiscal prudence. The CAG (Comptroller & Auditor General) in…
Economy
Himachal Pradesh – A Tiny State With Insurmountable Debt
Himachal Pradesh’s debt has been mounting by leaps and bounds and this tiny hill State has a whopping Rs. 46,502 crore debt as per the statement of the current CM…
Bharat Provides Petroleum Pipeline and Railways to Nepal
These days bonhomie is in the air of Nepal as the Bharatiya Government is expediting its development assistance to its neighbor nation Nepal. Earlier Nepalese government complained that although Bharat…
Bank Frauds in Bharat- Issues and Challenges
According to statistics given in the RTI query filed by economist Prasenjit Bose, total value of bank frauds where the amount involved was more than Rs. 1 Lakh in each…
Making a Hapless Citizen a Criminal – Giving Bribe in Bharat
Recently Parliament cleared the Prevention of Corruption (Amendment) Bill, 2018, which has enhanced the punishment to the bribe giver. While it has other provisions, the ones that I will deal…
Automated Scavenging- A Technological Solution For Eliminating the Death Trap
Since the times human beings have settled in colonies, they have benefited from the economies of scale offered by these settlements. For example, buyers and sellers could exchange a variety…
PV Narasimha Rao- Architect of Bharat’s Liberal Economy, An Underestimated Leader
A freedom fighter, a highly intellectual person, ‘Chanakya of Modern Bharat’, ex Prime Minister of Bharat who shaped the liberal economy of Bharat- Pamulaparti Venkata Narasimha Rao, aka, PV Narasimha Rao. He…
Can Bharat rise to the Xi Jinping challenge?
As a student of global politics and power structures, I feel disappointed at the absence of meaningful debates on the rise and rise of Xi Jinping and what it means…
Banks with Liability Limited by Deposits – FRDI Act
The government’s proposal to introduce the FRDI Act (Financial Resolution and Deposit Insurance Act) by including the bail in clause has led to an apprehension about the status of the…
UP Investors Summit 2018 – Another Step in Setting UP Right
The picture was loaded with meaning. In response to the PM’s directive, the UP CM was holding a single flower, wrapped in plain paper, to welcome PM Narendra Modi to…