Monday, May 27, 2024

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economics

Is CBDC kicking out the crypto?

If all private bank deposits were transferred to CBDCs, conventional banks would be forced to act as "loanable funds intermediaries" under the control of the central bank.

Indian economy: Do you understand

We attributed economic success to the price of the everyday commodity. It not only made wrong economic judgments but invented freebie policies.

India’s penchant for Gold and its economic impacts

Nearly 10% of our import bill is spent every year on purchasing gold which results in a huge outflow of foreign exchange from India.

GST reforms: Recent issues and reforms required

GST was a huge bargain when States gave up their rights to collect sales tax while the Centre gave up excise and service tax. Australia also shares the GST anniversary with us where the rates have been constant at 10%. Thus, a single rate in India can be a huge reform, and a matter of discussion too! But there is an urgent need for structural reforms in GST, in order to be a leading economy.

Countering emotivism in economics

All economies should focus on self-sufficiency where they can provide for all without any dependence on external sources. This change in priorities of the neoliberal order will remove all the internal fractures in it like poverty, over exploitation of the environments, unemployment, disease and other internal conflicts over scarce resources.

Economics as it stands today

We will have to understand economics in right perspective as Arthshastra which originated in India. The primary focus of which was human happiness index and was largely successful for many centuries without huge recession.

Unprecedented Covid-19 health crisis: The trial and tribulations of the Global Economy

The policymakers have to play a significant part in relaxing the restrictions in such a manner that at the one end, steepness of crisis is brought to baseline while on the other end; economic functions are alleviated with proper credit security by the government.

Fight or flight: Should India join the big 3 in their repeated efforts to call out and penalize China?

India needs to join the US, Australia, and Japan to call out and penalize China for transparency in handling the outbreak.

Is Covid-19 the end of Kerala model?

With slump in tourism and locals coming back to state, will Kerala model be able to survive?

Economic future of India

Many countries are waking up to the realization that dependence on China is unreliable, and not in the interest of them and thus should reduce.

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