Category: Indian Economy

India vs. Bharat

Very worrying article about how the rural-urban divide seems to be widening in India/ Bharat. The other notable point is how rural, backward, under-developed parts of the country are now routinely labelled as “Bharat”....

Specious Arguments and False Propoganda

Chanced on this article a few days back, “Banks have no faith in Muslims” It is so blantantly propagandist, I am surprised that someone like IBN found it fit to go in print and...

India in the 1820s…

I first came across this graph on Greg Mankiw’s blog. Greg is a Professor of Economics at Harvard and he was referring an article written by Michael Milken (the former junk-bond king who fell into disgrace) in a recent...

Loot – in search of East India Co. (excerpts)

Several months ago, I wrote this essay on the Economic Exploitation and Drain of Wealth During the British “Raj”. The essay relied�heavily�on research by Western historians to make the point about economic exploitation during...

Newsweek cover story on India…

The latest issue (Mar 6 ’06) of Newsweek has a cover story on India by Fareed Zakaria. Some interesting excerpts from the article: …Over the past 15 years, India has been the second fastest-growing...