Month: July 2019
Subhash Chandra Garg VRS: What Could Be Reasons And Implications
Subhash Chandra Garg, the blue-eyed boy of Narendra Modi Government was unceremoniously shunted out as Finance Secretary. He was the person responsible for Urjit Patel’s ouster. Viral Acharya left because of him. He was promoted as Finance Secretary as recently as March 2019, just 4 months earlier. What could be the reasons for the sudden […]
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Decision Makers in Narendra Modi Government 2.0
Who would you think would be the decision makers in the Narendra Modi Government? The usual answer would be the powerful ministers in charge of the key ministries. Let us see ministry by ministry and check who could be the real decision makers. Home Ministry Amit Shah is the Union Home Minister. He has handled […]
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PM-Kisan: Wrongly Targeted, Wrongly Executed, No Benefits to Farmers
The Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) was supposed to be a game-changer for the farmers in India. However, there is not going to be any perceptible change for the intended beneficiaries – the farmers. Why? Read on. Who are to benefit – Farmers / Land owners? The divergence of the benefit starts from the […]
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What Viral Acharya Resignation Tells About Him, RBI, Markets, GoI and Us
When Urjit Patel resigned in December 2018, it was a foregone conclusion that Viral Acharya will follow suit. The fact that he took six months to move on was a surprise. I suppose Viral Acharya’s resignation is the last of the lot in Modi 2.0. There are not going to be any more Raghuram Rajan, […]
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