Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
This is such lazy economics from ninan that it’s not even funny. Firstly India does not have 750m odd workers , it is around 550m workers as most adult women don’t work. So that household income straight away comes down to 32,000. And in the last 4 years , how did he inflate it 50%. At best it went up 25%. So we arrive at 40,000. So pikettys math of 10% is accurate. Nothing to suggest that middle class ends after the 1st 30m (10-12%) households
This is such lazy economics from ninan that it’s not even funny. Firstly India does not have 750m odd workers , it is around 550m workers as most adult women don’t work. So that household income straight away comes down to 32,000. And in the last 4 years , how did he inflate it 50%. At best it went up 25%. So we arrive at 40,000. So pikettys math of 10% is accurate. Nothing to suggest that middle class ends after the 1st 30m (10-12%) households