Udit Misra
Udit Misra is Deputy Associate Editor
Articles By Udit Misra
Explained: The pros and cons of an income tax cut
An income tax cut would provide more disposable income in the hands of the taxpayers and the government's hope would be that this extra money would be spent by taxpayers – thus providing a boost to the economy.
Explained: Why interest rates aren’t falling
Since February, RBI has cut its interest rate by 135 basis points. Yet, bank lending rates for new loans have not fallen by much while interest rates on many existing loans have actually gone up. What explains this?
Explained: Why China’s growth has slowed to a record low
China's growth statistics have been seen with suspicion for a long time. Many analysts tend to knock off 2 to 3 percentage points from the official growth statistics. So, in reality, China's slowdown may be far more exaggerated than what it appears to be.
Explained: Why India trails in Global Hunger Index
In Global Hunger Index report, India has the highest percentage of children who suffer from acute undernutrition. On other parameters, where India has improved, the pace has been relatively slow.
Explained: Breaking down Nobel Laureates’ work
“The research conducted by this year’s Laureates has considerably improved our ability to fight global poverty,” the Nobel citation says. “Their new experiment-based approach has transformed development economics.”
Explained: What is IIP and why does it matter?
A sharp dip in the IIP, especially the sustained weakness in manufacturing industries, does not bode well for India’s economic growth in the near term.
Explained: Why did India fall in the Global Competitiveness Index?
The slippage this year is not just because India's score fell, albeit marginally, but also because several other close competitors surged ahead
Explained: Will hike in Dearness Allowance help the economy?
DA is provided by the government to its employees to cushion the impact of the rising cost of living. Inflation (or rate of increase in prices) eats away the buying power of money; hence the justification for DA.
Indianness underlined: What RSS chief said in his Vijayadashami address
Delivering his annual Dussehra speech at the Rashtriya Swayamsevak Sangh headquarters in Nagpur, Mohan Bhagwat said Bharat has to stand on its own strong foundation of nature and culture.
Explained: Why state budgets matter
Together the states are more important than the Centre in increasing India’s GDP. But RBI finds them cutting down expenditure and getting more indebted, which will hurt India’s growth and job creation.
Explained: How to read RBI’s monetary policy review
RBI has a tough task of managing rising inflation expectations and sharply falling demand.
Explained: Why RBI may cut interest rates tomorrow and why it may not be enough
High-frequency indicators suggest that GDP growth rate may have continued to decelerate between July and September.
Explained: Why Amit Shah wants to amend the Citizenship Act before undertaking countrywide NRC
Union Home Minister Amit Shah has reiterated that the government would first amend the existing citizenship norms – by passing the Citizenship Amendment Bill – before it implements a nationwide National Register of Citizens (NRC).
Explained: How Bangladesh’s economic growth is stealing India’s thunder
The structure of Bangladesh's economy is quite different from India's. Unlike India, where the services sector contributes overwhelmingly while industry's contribution is much lower than desired, Bangladesh has a booming industrial sector.
Explained: How to read corporate tax cut
The cut in corporate tax rate has been the biggest change; inclusive of cesses and surcharges, the rate has come down from roughly 35% to 25%, and without the cesses and surcharges, to 22% from around 30%.
‘Swachh Bharat trebled decline rate of open defecation in North India’
The study was conducted on changes in open defecation in 4 north Indian states: Bihar, Madhya Pradesh, Rajasthan, and Uttar Pradesh.
Explained: 70 years ago, here’s how the Constituent Assembly debated status of Hindi
Many of today’s assertions and apprehensions about the alleged imposition of Hindi over the rest of India were also heard in the Constituent Assembly, which discussed this question over seven decades ago.
Explained: Is India likely to have a multipurpose national ID card?
The Multipurpose National Identity Card (MPNIC) was first suggested by a 2001 report on “Reforming the National Security System” by an empowered Group of Ministers during the Atal Bihari Vajpayee government.
Explained: Can Govt meet its fiscal deficit target without reducing its spending?
While a lower corporate tax rate incentivises businesses to reinvest in existing businesses and makes new investments attractive, it also comes at the cost of lower tax revenues for the government.
Explained: How the latest corporate tax rate cut impacts the economy
A cut in personal income tax or GST slabs would have spurred the economy more in the short term but the corporate tax cut is beneficial for the economy in the long term.