Chapter 3- Pro-Business versus Pro-Crony- Economic Survey 2020 Analysis

  F1:          The diversity of sectors in the sensex steadily increased over time following market reforms. It shoes less concentration of wealth in few firms and diversification of firms post liberalisation.   F2:    Benefit of liberalisation can be gauged from the democratisation of the firms. Now the ratio of size of Biggest/ smallest firm is … Read more

Economic Survey- Chapter IV- Undermining Markets: When Government Intervention Hurts More Than It Helps

Undermining Markets: When Government Intervention Hurts More Than It Helps   Fact:  Index of economic freedom is brought out by the heritage foundation. India wascategorized as ‘mostly unfree’ with a scoreof 55.2 in 2019 ranking the Indian economy129th among 186 countries, i.e., in thebottom 30 per cent of countries. Fact: the Global Economic Freedom Index, … Read more