The writer is a former Sukhamoy Chakravarty Chair Professor, JNU
Can there be any excuse to just reproduce the interim budget figures in July when the Ministry had the data given to the CGA? Further, the data was presented in the Economic Survey, so why not in the budget?
Fri, Jul 19, 2019GST was to lead to the unification of the country and improve ease of doing business. These were all significant political slogans. But they have receded to the background in favour of a more muscular nationalism.
Sat, May 04, 2019If one does not show that the “desirable is feasible,” chances are that the promises will remain on paper, as in the past.
Tue, Apr 09, 2019Government’s claim that structural changes to the economy are paying off, and that is being used to give back to the people, is problematic.
Thu, Feb 14, 2019New GDP back series does what the government needs it to — shows that growth during its term has been higher than during the UPA regime.
Fri, Dec 21, 2018There has been only a marginal increase in the direct tax to GDP ratio after demonetisation. And the economy didn’t need to suffer for digitisation.
Mon, Nov 12, 2018Exploring the role of the black economy in political finance and how it subverts democracy.
Sat, Sep 29, 2018The problem is under-employment. It won’t be resolved if the residually-employed are notionally shifted from the informal to formal sector.
Wed, May 16, 2018There is a lot of pain, no visible gain, from demonetisation. No amount of spin can mask the fact that it has dented the economy
Fri, Sep 08, 2017The book misses the impact of corruption/scams on society — it leads to policy failure and to inefficiencies, which lower the rate of growth of the economy below its potential.
Sat, Aug 12, 2017Why is the RBI not disclosing the amount from the surrendered notes? Have more than the issued amount of notes returned?
Tue, Aug 01, 2017Forget agriculture, it is more prudent to collect taxes from the service sector where the bulk of black income is generated.
Wed, Jun 14, 2017What sustains the marketplace for ‘criminal’ politicians? This book has some good answers
Sat, Mar 18, 2017Methods to use GDP estimates cannot account for the shock caused by demonetisation.
Thu, Mar 09, 2017Is it necessary to punish all to tackle the 3 per cent who generate the big black incomes?
Fri, Nov 18, 2016The Income Declaration Scheme has garnered only a minuscule amount of black money. The big fish have got away.
Thu, Oct 06, 2016The world is uncertain so gold is held to take care of a rainy day.
Thu, Jan 07, 2016While the RBI criticises policy, it does not use its own limited authority effectively.
Thu, Jul 23, 2015It is necessary to distinguish between honest and dishonest, and correct and incorrect, decisions.
Wed, May 06, 2015Circular has come in view of certain diseases connected with tattoos: Brig. Vinod Raizada.
Wed, Dec 07, 2011