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Arvind Kumar

  • Globalisation has turned India into a coolie economy

    he thought process of India’s ruling class is shaped by British and American universities and should be termed the coolie mindset.

    Monday, 16 March 2015 - 5:00am
  • Focus on productivity and stability instead of growth and investments

    The government must move away from targeting investments and economic growth in the interest of creating a stable environment for productive activities while allowing people to save enough money to tide over bad times. A stable system can be achieved by reining in inflation, removing hurdles that...

    Monday, 15 September 2014 - 9:09am
  • RBI must not be a puppet of international powers

    Finance Minister P Chidambaram's statement that Raghuram Rajan should continue to head the Reserve Bank of India under any new government, and Raghuram Rajan's call for a global financial system, give away the fact that those who want to control the Indian economy view RBI as a suitable tool for...

    Wednesday, 11 June 2014 - 6:00am
  • Banking transaction tax is a dangerous idea

    The idea of taxing every bank transaction has recently gained ground in India as it has been advocated by both political and religious leaders. This idea gained traction in recent years after European Union countries suffering from an economic crisis proposed a global transaction tax with the hope...

    Wednesday, 5 February 2014 - 9:39am
  • Are GMOs killing off bees all over the world?

    Tuesday, 26 November 2013 - 8:48am
  • India needs neither Amartya Sen nor Jagdish Bhagwati

    A public spat has erupted between the economists Jagdish Bhagwati and Amartya Sen. Bhagwati has highlighted the ill-effects of Sen’s policies that focus on wealth redistribution while ignoring economic growth. Bhagwati’s assessment is correct and the reasons for the deteriorating economy under...

    Thursday, 1 August 2013 - 11:05am
  • Beware of Americans who bear aid

    India should treat US Secretary of State John Kerry’s announcement of aid for the victims of the Uttarakhand disaster and other programmes with trepidation. American aid agencies have a reputation of fomenting civil strife and being conduits for bribes to be paid in exchange for advancing the...

    Friday, 12 July 2013 - 11:12am
  • Scrap Aakash to save the government from embarrassment

    A year ago, many newspapers reported that Aakash, Kapil Sibal’s low-cost tablet computer, was a failure but the government was launching Aakash 2. Now, the government has announced its plan to launch Aakash 3 despite the failure of the production of Aakash 2. After repeatedly promising for more...

    Thursday, 16 May 2013 - 11:00am
  • It's govt interference that drives up prices

    Not long ago, a Cuban student pointed out to the president of the National Assembly that they needed to work for two or three days just to buy a toothbrush.

    Wednesday, 20 March 2013 - 3:14am
  • Beware! The govt wants your gold

    Those who control the economy describe gold as a “dead investment”, oppose its import, and talk of putting the “gold to work”.

    Thursday, 3 January 2013 - 9:30am