• Associate Sponsor
P Chidambaram

P Chidambaram

P Chidambaram is former Finance minister of India.

Across the aisle: More voices against Budget provisions
Sun, Feb 18, 2018

Is there a re-think under pressure from the so-called swadeshi lobbies? Just before the Budget, and in the Budget, the government announced a number of measures that seem to suggest that the protectionist (and taxation) lobbies have gained strength

Across the aisle: For healthcare, Budget gifts a jumla
Sun, Feb 11, 2018

It is an insult to the people’s intelligence to announce a grand scheme without forethought or preparation or money in the last year of the term of the government.

Across The Aisle: Good doctor, bad patient
Sun, Feb 04, 2018

Dr Arvind Subramanian has been a good doctor since his appointment as the CEA in October 2014. The NDA government has been a terrible patient. The uneasy relationship between a good doctor and a bad patient is best illustrated by the divergence between the Economic Survey (ES) and the Budget

Courage fails, rhetoric remains
Fri, Feb 02, 2018

Budget 2018-19 has the announcement, the jumla. It has no goal or focus.

New jobs: The 70 lakh boast
Sun, Jan 28, 2018

If industries/businesses in the organised sector that employed 20 or more persons can generate 55 lakh new jobs in a year that qualified for enrolment under the EPFO, then we can declare that India has, truly and comprehensively, slain the demon of unemployment!

Across the aisle: Celebrating gods, neglecting children – 2
Sun, Jan 21, 2018

There is another acclaimed report published every year. It is the Annual Status of Education Report (ASER). We have a new report (2017) on the status of education in rural India and it was published on January 16, 2018.

Across the aisle: Truth, post-truth and again the truth
Sun, Jan 14, 2018

Twenty-seven days before the Budget, it was an awkward time to speak extensively on the state of the economy or to give any assurances.

Across the aisle: Revisiting Jammu and Kashmir
Sun, Jan 07, 2018

We cannot allow ourselves to be caught between a hard place and a hard place. If we do, the losers will be the people of J&K and India will lose the opportunity to find a political solution.

Bid goodbye to a bizarre year
Sun, Dec 31, 2017

The year 2017, to which we bid goodbye today, was replete with bizarre statements.

Across the aisle: Gujarat winner and economy are limping
Sun, Dec 24, 2017

The BJP’s leadership has reason to be despondent that it lost 16 seats (from the 115 seats it had held) and was nowhere near its declared goal of 150 seats. The Congress’s leadership has reason to be disappointed because it came so near (80 seats) but couldn’t cross the finish line (92 seats)

Across the aisle: Now, return to governance
Sun, Dec 17, 2017

The new normal is that every rule will be bent to influence the election.

Across the aisle: Gujarat after 22 years of BJP rule
Sun, Dec 10, 2017

I shall readily admit that the issues of development and jobs and price rise are common to all states. In the past too, ruling parties attempted to side-step the real issues, but wise voters changed the government.

Across the aisle: The sons of the soil of Gujarat
Sun, Dec 03, 2017

Mr Modi should speak on matters that concern all of India such as farmers’ distress, oppression of Dalits, discrimination against minorities,.. Even during a state election, Mr Narendra Modi should speak as the Prime Minister of India

Across the aisle: She put the poor on the agenda
Sun, Nov 26, 2017

The people should never let any government forget that nearly 22 per cent of India’s population is still poor and they also have the right to a life of dignity — a truth that Indira Gandhi had acknowledged and defended in her lifetime.

Across the aisle: Development, and those left behind
Sun, Nov 19, 2017

A similar sense of disappointment prevails in Gujarat which goes to election in December. The much-touted ‘Gujarat Model’ is being dissected and examined. Even before 1995, Gujarat’s growth rate was higher than the national average and Gujarat has maintained that edge

Across the Aisle: Do good; else, do no harm
Sun, Nov 12, 2017

Demonetisation was a thoughtless and rash decision that turned out to be a colossal mistake and imposed a huge cost in terms of denting economic growth and heaping misery on millions of ordinary people.

Across the aisle: GST unravels, quick fixes not answer
Sun, Nov 05, 2017

Given the BJP’s penchant for inventing acronyms, it could have given the tax a name other than GST, because what we have got is not a true GST nor a ‘good and simple tax’.

Across the aisle: Ignore Thiruvalluvar at your peril
Sun, Oct 29, 2017

Recapitalisation is a half-reform done three years late, as pointed out by the Chief Economic Adviser on October 25. According to the CEA, it has to be accompanied by — I would say preceded by — banking reforms and tough governance standards. There is no word from the government on these concomitant reforms

Hunger is a shame
Sun, Oct 22, 2017

'I cannot recall the Prime Minister making food security a mission, nor did the government propose an alternative to the NFSA.'

Across the aisle: The real world beckons the PM
Sun, Oct 15, 2017

What the Prime Minister’s researchers and speech writers failed to tell him was that if all sectors of the economy were not growing, the economy will witness a recession, not a slowdown

Across the aisle: The killed and the killers
Sun, Oct 08, 2017

It is not difficult to construct a picture of the person or persons who probably committed these despicable murders. Almost certainly, they belong to right-wing groups. They question free speech and India’s diversity.

Across the aisle: Summer of 2014 to autumn of 2017
Sun, Oct 01, 2017

How did we go from the great expectations of the summer of 2014 to the disappointing autumn of 2017?

Against consumer and good economics
Sun, Sep 24, 2017

In my view, "organised loot and legalised plunder" aptly describe the NDA government’s policy of taxation of petrol and diesel.

Across the aisle: Clueless in New Delhi
Sun, Sep 17, 2017

Every economist is agreed that India’s economic growth has slowed down. The Chief Economic Adviser has candidly admitted the fact, only his government is in denial! If a government is in denial about the slowdown, it is fair to conclude that it is also clueless about the causes of the slowdown.

Across the Aisle: Privacy is the core of personal liberty
Sun, Sep 10, 2017

Justice K S Puttaswamy has enlarged and enriched the freedom that we won in 1947. Today, we will celebrate. Tomorrow, there will be other challenges and those too we shall overcome

Across the aisle: Demonetisation, a proof of the pudding
Sun, Sep 03, 2017

Since demonetisation, quarterly growth (and hence annual growth) has settled at between 6 and 7%. The CSO numbers for Q1 of 2017-18 are worse: GDP 5.7%, GVA 5.6% and manufacturing GDP 1.2%. Is that not a catastrophic blow to the economy?

Across the aisle- India at 70: The curse of caste
Sun, Aug 27, 2017

How and why the caste system has survived through the centuries is a puzzle. Why did the Kshatriyas and Vaishyas, who had power and money, accept the Brahmin as their superior? Why was the guru invariably a Brahmin?

Across the aisle: India at 70 – The Economy (continued)
Sun, Aug 20, 2017

The RBI’s monetary policy statement has confirmed many of the conclusions. According to the RBI, business sentiment reflects expectations of moderation of activity in Q2 of 2017-18 (read slower growth).

Across the Aisle: India at 70 – The Economy
Sun, Aug 13, 2017

It is time to do a health-check of the economy as free India completes 70 years.

Across the aisle: A counter-narrative will emerge 
Sun, Aug 06, 2017

In the post-truth world, more and more people are believing what is not necessarily true. They believe that ideology is dead. The only ‘thing’ you have to believe in is ‘What’s in it for me?’ asks P Chidambaram

Across the Aisle: Ping pong of words, or worse?
Sun, Jul 30, 2017

I believe the Government of India when it said: “India has conveyed to the Chinese government that such construction would represent a significant change of status quo with serious security implications for India.” However, that is not enough. The government owes a duty to the people to explain what has changed and why. Such a statement can come only from the PM

Across the Aisle: The poor shall not dream
Sun, Jul 23, 2017

Wherever I go, I hear that education loans have dried up. The average growth rate in the last years is just 5.3 per cent. When a programme winds down, the worst affected will be the poor who do not have any influence or connections.

Across the Aisle: Pushing each other to the brink
Sun, Jul 16, 2017

Just as the militants have taken a maximalist position that has to be rejected out of hand, the Central government has taken a maximalist position that has aggravated the problem. The people of the Kashmir Valley are caught between the two maximalist positions.

Across the aisle: ‘Shall not let anyone eat’
Sun, Jul 09, 2017

The popular belief is that the BJP is pulling the strings that hold the four factions (of the AIADMK). It could be part of the BJP’s political strategy to carve out a space for itself in Tamil Nadu politics.

GST rollout: Get Set for Turbulence
Sun, Jul 02, 2017

The worst tendencies of the Indian State and politics and business have found their way into the design of the GST that was launched yesterday. Many of the flaws in the design were the result of forced political compromise, writes P Chidambaram

A tryst with destination tax
Sun, Jun 25, 2017

We are inheritors of a sound economy, on the verge of higher growth, and we have to live up to the high standard of a few years ago. We cannot encourage high tax rates or high handed tax administration, for no nation can have a vibrant economy whose tax laws and tax administration are narrow in thought or application.