Bhaskar Dutta

The writer is professor, Department of Economics, University of Warwick, UK

Articles By Bhaskar Dutta

How Jaitley squared the circle

There were complex and conflicting demands on the budget. It resisted the temptation to take the blatantly populist route.

By the states, for the states

The Planning Commission has increasingly become an anachronistic behemoth, although it did play a crucial role in the initial years.

What the budget didn’t say

The PPP approach, for instance, hasn’t taken off in India so far. How can that be remedied?

It’s not the nuclear deal

The UPA has done well to bring rights-based social welfare schemes to the forefront.

Thinking backwards

Using the Rajan index to fix allocations will distort states’ incentives

A domestic problem

New RBI governor must change policy. Government must also get its act together.

What the poverty numbers don’t say

What caused the steep fall in poverty reported by the Planning Commission? The evidence is mixed

We shale overcome

A shale oil and gas revolution will lower energy costs,rearrange global geopolitical equations

Why higher education is sinking

An insistence on uniformity and a mechanical imposition of rules are weakening the university system

Talking back to the Centre

As regional parties demand radical changes for greater fiscal decentralisation

Dull is good

In this economic,political climate,the budget couldn’t have announced big bang reforms