Let us not mistake today’s economic crisis in India for a purely Covid-related one. The Indian economy has been in slowdown mode since 2015. The past 5 years have been marred by one economic blunder after another, causing untold hardship and misery to millions of Indians. I won’t go into the details of those bad… Continue reading What Can Help the Blundering, Comatose Indian Economy?
I am sure nobody was surprised when news of India’s Q2 GDP trickled in a few days ago. It was anticipated that the slowdown will be worse than the previous quarter. In fact, I was surprised to hear business news channels breathing a sigh of relief that GDP growth rate hadn’t come in at 4%… Continue reading Made-in-India Slowdown Made to Benefit the Haves