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Friday, August 14, 2020

P Vaidyanathan Iyer

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Mehbooba Mufti still held under PSA, some raise questions
Sat, Aug 01, 2020

Mehbooba Mufti, 61, was arrested on August 5 last year, the day the Central government abrogated the special status of Jammu and Kashmir and downgraded the state into two Union Territories. While Mufti was lodged under preventive detention for six months, she was booked under PSA in February this year.

Security paradox: Dip in violence, locals in militant ranks and LoC heating up
Fri, Jul 31, 2020

After 21-year old Burhan Wani was killed by security forces, thousands thronged the streets in protest, pelted stones, snatched weapons of police, overturned and burnt their vehicles, and damaged property of security forces.

Omar Abdullah: I will fight, will not engineer protests to score a point
Wed, Jul 29, 2020

Won’t stand up for them tomorrow, says NC Vice president, on Opposition ‘betrayal’ over Centre’s August 5 move

‘I will raise my voice, I will fight, but I will not give somebody in a uniform with a gun an excuse or a reason to kill one of us’
Wed, Jul 29, 2020

In his first interview to The Indian Express since the abrogation of the special status of Jammu & Kashmir and his release from detention, Omar Abdullah speaks about a range of issues, from the Gupkar Declaration to “disappointment” by the reaction of India’s political leaders post August 5, 2019, to the future as he sees it.

Change in stand: 4G won’t be a problem, J&K to Home Ministry
Sun, Jul 26, 2020

Media policy will be ‘re-checked’, Information Dept can’t decide what content is fake, anti-national, says Lieutenant Governor G C Murmu

Sanctions by India alone will hardly sting China. There’s a need to think beyond trade barriers
Wed, Jul 08, 2020

The ongoing crisis opens a window for New Delhi to reset relations with China. New Delhi’s trade policy needs to be alive to the imperative of higher growth, which can be achieved only through more, not less, globalisation.

Apps ban: Retaliatory step signals intent, blocks China access to growing youth market
Thu, Jul 02, 2020

Banning 59 mobile apps that have Chinese overhang is both a statement of intent and a strong signal. This may not hurt India given the alternatives in the app space but for China, the Indian app market is growing and valuable.

Rathin Roy: ‘Need to settle NREGA the moment work is executed… pay by end of working day’
Mon, Jun 29, 2020

In this E-Xplained held a few weeks before he quit as Director, National Institute of Public Finance and Policy, Rathin Roy, ex-member of PM’s Economic Advisory Council, discusses challenges and options in a likely recessionary year.

Manish Sabharwal: ‘India is inadequately industrialised, skilled… Covid-19 leaves no choice but to change’
Fri, Jun 19, 2020

In this E-Xplained event on Zoom, Manish Sabharwal, chairman & co-founder of the staffing and human capital firm Teamlease Services, and Director, RBI Central Board, discusses lockdown, unlockdown and jobs.

As Delhi plans next steps, on the table: Chinese stakes in Indian tech
Fri, Jun 19, 2020

While China may not be a big investor in the traditional sense, and business relations are viewed more in terms of the trade deficit that India suffers, it is the new economy and start-up space where China has increased its influence.

Last thing we want at time of health crisis is to do something that creates a financial crisis: Uday Kotak
Mon, Jun 08, 2020

Uday Kotak said that there is an opportunity to rebalance rural and urban and that the state needs to work towards the aspect of providing a social security net to not only migrants but also businesses across the board.

ACs made in India but costlier: experts red-flag return to ’70s
Thu, Jun 04, 2020

Indeed, addressing the CII annual session Tuesday, Prime Minister Narendra Modi cited ACs as a priority sector, besides furniture, leather and footwear, for the government’s Make in India push to generate jobs.

Industry chorus: Package not much help, govt must do the heavy lifting
Fri, May 29, 2020

The survey was conducted after the latest round of easing, and the respondents included large companies, regional trade bodies, and also some small and medium enterprises across the manufacturing and services sectors.

Nilesh Shah: ‘Until a medical solution emerges, markets will keep swinging from fear to hope’
Thu, May 21, 2020

In this edition of E-Xplained before a country-wide Zoom audience last week, Nilesh Shah discussed the impact of the Covid-19 pandemic on the economy, and ways to contain the damage.

Nirmala Sitharaman: ‘Too many unknowns, I have to be ready, I can’t finish my story with these announcements’
Wed, May 20, 2020

Finance Minister Nirmala Sitharaman says she is open to deficit monetisation, won't hazard a guess on where growth is headed.

FM Nirmala Sitharaman interview: ‘Thought about it (bigger cash transfers), but grant for how many, of how much?’
Wed, May 20, 2020

Finance Minister Nirmala Sitharaman says all suggestions were heard till the level of the Prime Minister before the package was finalised.

Tight fist and fingers crossed: Fiscal relief this year is 1.1 per cent of GDP
Mon, May 18, 2020

In her fifth and final tranche of the AtmaNirbhar package announced on Sunday, Finance Minister Nirmala Sitharaman allocated a chunk of the Centre’s fiscal relief — Rs 40,000 crore or 0.2 per cent of GDP — as additional allocation to MGNREGA over and above the Budget Estimate of Rs 61,500 crore.

Explained: Breaking down Centre’s Atmanirbhar package
Wed, May 20, 2020

Covid-19 India Economic Package: Much of the May 12 Atmanirbhar package of Prime Minister Narendra Modi totaling Rs 20 lakh crore and elaborated over the last five days by Sitharaman has been liquidity driven, with little burden on the exchequer.

Why govt’s cost this year for Rs 5.94 lakh crore MSME package is Rs 25,500 crore
Thu, May 14, 2020

The government’s skin in the game is limited to credit guarantees. For loans to MSMEs, it amounts to guarantees on credit worth Rs 3 lakh crore on collateral free loans.

Math behind Rs 20-lakh crore economic package: It is 10% of GDP but about half is already factored in
Fri, May 15, 2020

Message still hunker down and tide over, additional fiscal outgo this year may not be more than Rs 4.2 lakh crore.

Economy headed for contraction, less fiscal space for big stimulus
Wed, Apr 22, 2020

If that happens, it won’t be unique to India — the IMF expects the Covid pandemic to severely impact growth across regions in its latest World Economic Outlook. It expects the US economy to shrink 5.9 per cent and the global economy to decelerate 3 per cent.

Explained: Why the word ‘fiscal’ means a lot when MPC members talk about it
Wed, Apr 15, 2020

As far as the monetary policy is concerned, the RBI did what it could. But what were the expectations of the MPC members from the government?

Chief Ministers will take up with PM today: Shortage of funds to next steps
Thu, Apr 02, 2020

While most states have written letters to Prime Minister Narendra Modi asking that the Centre clear their pending dues, they are likely to press these demands at a video conference he has scheduled on Thursday.

Rathin Roy: ‘Govt needs to protect national wealth and … alleviate loss of national income as far as possible’
Thu, Apr 02, 2020

He talks about the priorities, pain points, and fiscal needs of what he calls a “warlike economy”.

‘In warlike economy, money needs to be directed to fight, deal with pandemic consequences’
Wed, Apr 01, 2020

In an interview to P Vaidyanathan Iyer, Director at the National Institute of Public Finance and Policy Rathin Roy talks about the priorities, pain points, and fiscal needs of what he calls a "warlike economy".

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