Why Stock Markets are Booming Despite Economic Decline
Inequalities of income and wealth have widened sharply in India in recent times.
Inequalities of income and wealth have widened sharply in India in recent times. As large segments of the economy have become less competitive, crony capitalist oligarchs have prospered, supported by a corrupt nexus among capitalists, bankers, and the government, says Pranab Bardhan, who recently retired as professor of economics at the University of California, Berkeley, in the US, in this exclusive interview with NewsClick.
Get the latest reports & analysis with people's perspective on Protests, movements & deep analytical videos, discussions of the current affairs in your Telegram app. Subscribe to NewsClick's Telegram channel & get Real-Time updates on stories, as they get published on our website.
