Raghuram Rajan conveniently ignored the fact that of increment in saving doesn’t guarantee more purchasing power. And this is what exactly happened during his regime.
Opposition doesn’t utter a word about inflation as it has remained always under control, even when interest rates have slashed and fuel prices hiked.
A Chartered Accountancy final level student has some ideas for the Prime Minister.
One needs to do some talking/walking together to get to know the reality.
There is a considerable demand of revamping the operating system of municipal governance of Mumbai. It is possible when the ‘democratic’ politicians stop treating the governance structure as their private property.
One simple ride of Mumbai Local teaches complex lessons of economics, like monopoly, oligopoly, ethics, opportunity cost and individual social responsibility.
The recent demonetization has bound us all in a moral endeavour to forge for ourselves a more transparent, fair and equitable system apart from its obvious effects like bringing down the drug trade, trafficking, terrorism, etc.