Bharat Jhunjhunwala

Stories By Bharat Jhunjhunwala

Take a leaf out of US’ fiscal book

Take a leaf out of US’ fiscal book

The Government is following the policy of “balanced budget” which means that the expenditures will be reduced to match with the income. T...Read More

How banks are deceived by companies

How banks are deceived by companies

Two types of frauds take place in our banks. One takes place with the connivance of the bank officials. The Punjab and Maharashtra Co-ope...Read More

Corporate tax cut may have an unintented flip side

Corporate tax cut may have an unintented flip side

But will this be made in India or abroad? Most companies today have global contacts, and even rich individuals are investing a large part...Read More

The cow needs help, not just reverence

The cow needs help, not just reverence

The farmers used to rear cattle with pleasure until a few decades ago. Today they are abandoning them on the streets. These abandoned cat...Read More

Stairway to recession free economy

Stairway to recession free economy

The Government has recently merged 10 Public Sector Banks (PSBs) into four larger PSBs in order to improve their efficiency. This step is...Read More

Debate on transfer of 1.76 lakh crores during a crisis

Debate on transfer of 1.76 lakh crores during a crisis

A businessperson puts a part of his earnings in Fixed Deposits in banks, buys gold or holds it in some other form of “reserves”. These se...Read More

Chief Economic Advisor  K. Subramanian

Investment, consumption secondary

Chief Economist K Subramanian has exhorted Indian businessmen to increase investment to break the present recession. We need to understan...Read More

Claims, proofs galore; shift focus to Rama’s teachings

Claims, proofs galore; shift focus to Rama’s teachings

Five places claim to be the location of the Valmiki Ashrama where Mother Sita stayed after being exiled from Ayodhya. These are Sita Bari...Read More

Limits to debt-led growth

Limits to debt-led growth

A mad race for reducing interest rates is afoot these days. United States’ President Trump has persuaded the US Federal Reserve Board to ...Read More

Flood Control is leading to Flood Increase

Flood Control is leading to Flood Increase

The entire country, be it Gujarat or Assam, is facing floods. In the times to come, this is only likely to get worse. One reason is that ...Read More

Demographic dividend or demographic disaster?

Demographic dividend or demographic disaster?

The population of a country can be divided into “working” and “dependent” categories. Those in the age of 15 to 65 are considered to be ...Read More

Trillion dollar economy, yes, but not this way

Trillion dollar economy, yes, but not this way

The Prime Minister has set the target of making India a Five Trillion Dollar economy. The task is achievable, but not with the policies b...Read More

Finance Minister Nirmala Sitharaman

Good because it shifts from free trade to protectionism

Finance Minister, Nirmala Sitharaman, has tried to make a fundamental change in the direction of the economy. She has increased the custo...Read More

Utilising rain water should be the main goal

Utilising rain water should be the main goal

The recent water crisis in Tamil Nadu requires attention in the Budget. First let us consider how to increase the supply of water. The an...Read More

New strategy needed for river rejig

New strategy needed for river rejig

The task of cleaning our rivers has been handed over from the Ministry of Environment to the Ministry of Jal Shakti (MJS), which was know...Read More

A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012. The Reserve Bank of India cut interest rates on Tuesday for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth but warned that there is limited scope for further rate cuts. REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS)

The futility of lowering interest rates

The Reserve Bank of India (RBI) has recently lowered the rate of interest that it pays to the banks on the amounts deposited by them with...Read More

Missed Opportunities and the Way Forward

Missed Opportunities and the Way Forward

NDA’s win appears to be anchored on Pulwama and strong administration. The alliance has won despite many missed opportunities. The only e...Read More

How we are whipping democracy

How we are whipping democracy

French philosopher Jean-Jacques Rousseau laid the foundations of modern democracy. He said that persons elected by the people had a right...Read More

Ideological bankruptcy of NDA and UPA

Ideological bankruptcy of NDA and UPA

The basic problem of governance is how to make the rulers act in the interests of the people, not in their own. At the same time it is al...Read More

Public funding for elections should be inculcated in India

Public funding for elections should be inculcated in India

The role of money—whether black or white—in elections cannot be eliminated. But it certainly can be reduced. The makers of our Constituti...Read More

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