How India Is Abolishing The Reservation And Backward Castes System
India has long had a series of reservations and quotas for varied classes. Dalits - formerly the untouchables - have long had privileges in...
Political Incentives – Modi’s Indian Election Bribes Will Have To Be Paid By Next...
We can, if we wish, tut and mutter about how India's government is lashing out spending and tax reliefs as the election approaches but...
Of Course India Needs More Currency – The Economy Is Growing
It might not be all that common to find a general agreement between Milton Friedman and Karl Marx but here is one - of...
India’s Weird Decision To Ban Vertical Integration In E-Commerce
There's near no useful economic explanation for what India is doing in the field of e-commerce - online selling of goods and products. There's...
Modi’s Wrong, Farm Loan Waivers Aren’t Lollypops, They’re Electoral Bribes
India's Prime Minister, Narendra Modi, has hit out at the practice of granting farm loan waivers calling them lollypops (for English readers, lollipops). This...
The Modi Jacket Is Not The Nehru Jacket – Although Both Solve The Problem...
Not that anyone is ever going to hire us here as couturiers - or even models - but we do know a bit about...
Today’s Indian Misunderstanding Of Economics – India Won’t Have Driverless Cars Because Jobs
Economics isn't all that difficult - after all, as the man said it's all obvious or trivial except Ricardo on comparative advantage. This does...
India’s Bad Idea – More E-Commerce Restrictions To Hit Flipkart And Amazon
We know why this is being done of course, these new restrictions upon e-commerce in India, it's to stop Flipkart and Amazon from competing...
Modi’s Indian Demonetisation Worked – Dependent Upon Your Meaning Of Worked Of Course
Narendra Modi suddenly upped and announced that all Indian banknotes worth above a pittance were invalid. New notes would be issued at some point,...
Extremely Sensible – Jaitley Says India Will Move To Single GST Rate
Arun Jaitley has intimated that India will try to move to a single GST rate - somewhere between 12 and 18% - which is...