At the end of 2020-21, market capitalisation on the Indian stock exchange stood at almost 100 per cent of the GDP for the year. During a financial year abbreviated to nine months because of a change in accounting formats, India received a net portfolio inflow of ₹2.8 trillion ($37 billion), against an outflow of ₹62 billion ($830 million) the previous year. “Quantitative easing” or QE, was first devised to combat the 2008 financial meltdown and has now been extended beyond imaginable bounds to deal with the pandemic-induced crisis. Since free market economics established its dominance in the 1980s, inequality has been a topic passed over in silence.