Dr Mitra called the Pandara Road crowd a 'cheerful collective of young dreamers,' united in its 'love and pride for the newly Independent India,' despite 'sharp disparities in background, temperament and attitude.' Dr Shreekant Sambrani recalls his encounters with the legendary economist who passed into the ages.
Eminent economist and noted author Ashok Mitra, who served as the finance minister of West Bengal in 1977 and 1982, worked closely with Jyoti Basu. In his autobiography Apila-Chapila, Mitra fondly recalls his bitter-sweet association with Basu, and the latter's penchant for clipped sentences, good food and note-taking.
'We are today back in the morass India was in the early 20th century. In spite of liberalization, the Indian economy has to rely on rains,' says Ashok Mitra
The Indian economy is sinking but everyone's busy leading the high life, no one's worried, says veteran economist Ashok Mitra, in an interview to Rediff.com's Indrani Roy.
They have warned against linking such demarcations on poverty with basic entitlements.
'Look at the number of billionaires, the number of new billionaires in India.' 'Adani and Ambani are not the only ones.' 'What's wrong with people making money as long as it benefits us?'
Economists who get too close to prime ministers eventually come to grief after their boss is defeated
'If my understanding is correct, one has to file not less than 37 returns per year for every ordinary business, and that too per state.' 'If you are doing businesses in Chennai, Bangalore and Hyderabad, you have to file 37x3 returns every year!' 'The consequence of GST will be chaos, confusion and possibly economic crisis.'
'As a governor, I have every right to speak my mind if I feel the security of my country is at stake.' 'Why is it that we would have to shed tears when Muslims are killed or tortured, but have to keep mum when the Hindus receive the same treatment?'