I don't think that's due to 'freedom of press'; I think it's probably more due to 'lack of intellect'. Don't worry this affects every other part of the world.
... of course low credit rate means money has a tendency to go into unproductive sectors (ala Japan's Bubble heydays). (I'm glad to see Economist reflect my understanding.)
Indeed, I suspect demonetization was in part a scheme to replenish the reserves of the state banks.
I'm not sure who the planned intervention is for, but it looks very much like it's for the corporate sectors. The MSME sector, which is touted to employ 92% of India's labour has widely been reported as having taken a…
It's really not clear what's going on in the Indian state. IL&FS apparently has funded quite a large number of infrastructure projects, which unlike Lehman have tangible value. NHAI, the state highways agency is said to…
I don't think that's due to 'freedom of press'; I think it's probably more due to 'lack of intellect'. Don't worry this affects every other part of the world.
... of course low credit rate means money has a tendency to go into unproductive sectors (ala Japan's Bubble heydays). (I'm glad to see Economist reflect my understanding.)
Indeed, I suspect demonetization was in part a scheme to replenish the reserves of the state banks.
I'm not sure who the planned intervention is for, but it looks very much like it's for the corporate sectors. The MSME sector, which is touted to employ 92% of India's labour has widely been reported as having taken a…
It's really not clear what's going on in the Indian state. IL&FS apparently has funded quite a large number of infrastructure projects, which unlike Lehman have tangible value. NHAI, the state highways agency is said to…