In a grand statement Tuesday, Congress leader Rahul Gandhi said the emergency imposed by his grandmother and former Prime Minister Indira Gandhi was a “mistake.” During a virtual conversation with Professor Kaushik Basu of Cornwell University in the United States, the deputy of Congress said that what happened during that …
Read More »Rahul Gandhi, GDP Growth: How to Destroy an Economy
Rahul Gandhi tweeted again a data table originally shared by renowned economist Kaushik Basu (Archive) New Delhi: Congressman Rahul Gandhi this afternoon cited figures compiled by renowned economist Kaushik Basu, which project that India’s GDP is the fastest shrinking among a selection of 11 Asian nations, including China, to deal …
Read More »Red flag for India as China’s GDP data is out, don’t be in data denial
The IMF’s forecast for India is a big downward revision from its previous forecast in June. New Delhi: On a day when data on China’s growth was released, with its economy growing at 4.9% year-on-year in the third quarter, economists highlighted projections for other Asian economies. China recovered from the …
Read More »Covid-19: I need to move forward now to protect vulnerable sections: Kaushik Basu
[ad_1] MUMBAI: Old world bank economist Kaushik Basu He said the financial package announced by the prime minister is necessary but not sufficient given the dark clouds of recession and unemployment. Basu said that while government spending would create inflationary pressures within six months, it was necessary to move forward …
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