School of Economics | Current Position of an Indian Economy
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Prabhat Patnaik June 4, 2018 The Modi government is celebrating four years in office with great fanfare. The fact that these four years have unleashed an unparallelled process of social and political retrogression in the country is well-known and need not detain us here. Our purpose...

Turn the Economic Ship Around   Context: Nobel Laureate Muhammad Yunus launched Grameen Bank in Bangladesh, which made capital available to the poor, especially women. His new book- A World of Three Zeros: The New Economics of Zero Poverty, Zero Unemployment, and Zero Net Carbon Emissions, the impact of...

Introduction A black economy is also known as an underground economy, hidden economy, illegal economy and shadow economy.In black economy is an economy which involves the illegal transaction or some form of irregular activities against the set of rules.If the rules specify that if the sale...