Good numbers, greater challenges!

Antyodaya combined with family centric approach and spiritual odyssey may provide holistic solution to war against poverty K.A.Badarinath It’s heartening that socio-economic development agenda pursued by Prime Minister Narendra Modi has begun to pay off rich dividends. On twelve development indicators that denote poverty levels, there has been substantive progress in the way 1.4 billion … Continue reading Good numbers, greater challenges!

De-risking to defanging currency, trade deals

Rupee, UPI, desi currency trade has taken world by storm. Prime Minister Modi thrust in France, UAE paying handsome dividends K.A. Badarinath Defanging to de-risking global trade and currency deals for India is what Prime Minister Narendra Modi achieved in his visit to France and United Arab Emirates (UAE) last week. Agreements concluded during Prime … Continue reading De-risking to defanging currency, trade deals

Chinese Loan Apps: A Debt Trap to Death Trap

Rohan Chinese loan apps, which offer quick loans with minimal paperwork, have become increasingly popular among Indian borrowers. However, these apps have also been associated with incidents involving threats to borrowers and compromising their privacy. One distressing case occurred in Bangalore involving Tejas, a 22-year-old engineering student. Tejas faced severe torture from an agent due … Continue reading Chinese Loan Apps: A Debt Trap to Death Trap

Basking under the Sun!

India to hit a hat-trick as fastest growing economy, unparalleled transformation in nine years, per capita incomes to be $ 5200 by 2032. K.A.Badarinath For second year in continuum, India is the fastest growing economy globally with impressive 9.1 per cent and 7.2 per cent clocked in 2021-22 and 2022-23 respectively. Even with projected 6.5 … Continue reading Basking under the Sun!

Mid-course correction is what the good doctor prescribed!

Even if US revises debt ceiling of $ 31.4 trillion, its risk ridden economy may precipitate a larger global crisis of larger magnitude K.A.Badarinath Looming debt crisis in United States with potential to default, showdown between Republicans that control the House and Democratic White House may not augur well for the global economy and developing … Continue reading Mid-course correction is what the good doctor prescribed!

Bhutan, Bharat, bhai bhai !

China’s intrusive prevarication may not turn New Delhi – Thimphu relations sour. Trying dirty tricks as in Nepal may not work to Beijing’s advantage Rohan Giri  / New Delhi As of now China has emerged as minor distraction in India and Bhutanese relations that span over millennia, civilizational ties with strong bonds of friendship and … Continue reading Bhutan, Bharat, bhai bhai !

Ajay Banga, right man for the moment

Climate finance, funding private entrepreneurship, rebuilding war-torn Ukraine apart from democratizing World Bank should be priority K.A.Badarinath Ajaypal Singh Banga, nominee of US President Joe Biden to head the multi-lateral World Bank, has his task cut out. Banga may not turn out to be a traditional banker in the sense like many of his predecessors. … Continue reading Ajay Banga, right man for the moment

Make the best with change in mind-set

Cooperatives can deliver $ one trillion economic expansion; provide work opportunities to millions and fuel boom in grassroots firms K.A.Badarinath Fourth pillar of Indian economy is on the resurrection mode. From state-owned public undertakings, private and foreign companies, cooperative enterprises considered as fourth engine of economic growth are in for a big makeover. Taking cooperatives … Continue reading Make the best with change in mind-set

A responsible budget sans fiscal profligacy!

All inclusive growth strategy is the foundation to an independent developed economy and ready Bharat to play a larger global role K.A.Badarinath Bharat’s finance minister Nirmala Sitharaman presented a responsible budget on behalf of the BJP-led government on Wednesday. It is on expected lines. Conservative in content and spirit, but the budget for 2023 – … Continue reading A responsible budget sans fiscal profligacy!