Category Archives: Susmit Kumar

The Modi Administration Needs to Stop Shareholder First Policy to Save India from Disaster

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

As discussed in this article, the Modi administration needs to stop the shareholder first policy, the prime accused in the impending collapse of the US economy, to save the Indian economy from disaster. As discussed in my several papers, the US economy is surviving for the last three decades mainly by printing its currency, which …

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 …