Category Archives: Susmit Kumar

The Hidden Cost of Imported Items and The Need to Redefine the Modi Administration’s “Make in India” Policy

By Susmit Kumar, PhD
susmitkumar.net

If you live in India and purchase a "Made in China" commodity instead of "Made-in-India" commodity, then your home country loses not only a factory job but also indirectly associated jobs such as in schools, hospitals, and auto sector. Instead your purchase of the imported commodity creates such lost jobs in China."

There are two major …

Stop Taxcuts-fueled Consumer-driven Economy Which has Led the US to the Brink of Impending Bankruptcy

By Dr. Susmit Kumar, Ph.D.
susmitkumar.net​

The Modi government needs to stop listening to the US-educated economists’ mantra of trickle-down economy, i.e. to use taxcuts to fuel a consumer-driven economy. The same mantra has led the US to the brink of impending bankruptcy. It should not increase the income-tax exemption limit from 2.5 lac rupees. Instead it should use the …

Ananda Marga – Victim of Communist Conspiracy During 1969-77        

By Dr. Susmit Kumar

From Dr. Susmit Kumar’s book Ananda Marga - Victim of Communist Conspiracy During 1969-77.

Ananda Marga is a worldwide socio-spiritual organization with centers and various social service operations in every region on all continents. At present it is active in more than 130 countries, running 1200 schools only in India (2013) and renders disaster relief …

“I’M Finished”

By Dr. Susmit Kumar

During economic recessions the United States reduces it interest rate. At the moment it stands at near zero in order to spur growth and reduce unemployment.

On the other hand, having to swallow the bitter pills of IMF, aid recipients are required to increase their interest rates by double digits, which leads to an increase in …