Ishan Bakshi

ishan.bakshi@expressindia.com

GST may not have been revenue-neutral

Wed, Jan 15, 2020

Growth of GST collections has slowed since Q4FY19, in line with the fall in corporate tax collections, indicating the impact of sluggish economic growth.

Rules of Engagement

Mon, Dec 16, 2019

An eloquent account of how public policy needs urgent re-imagination

Insolvency and Bankruptcy Code should be the preferred option for resolution of bad loans, not the last resort

Wed, Nov 20, 2019

The introduction of the IBC marked a structural change in the resolution architecture in India. The shift to a time-bound resolution process was a tool to help tackle the bad loan problem.

Rising Influence

Sat, Sep 21, 2019

The journey of economists from university campuses to the White House

RBI’s presses print more notes than in pre-demonetisation period

Fri, Aug 30, 2019

In other words, despite the Modi government’s emphasis on digital payments and a less-cash economy, the official printing presses are churning out more currency notes than before, both in volume and value terms.

Explained: The new debate on defence funding

Thu, Aug 01, 2019

The Centre has asked the 15th Finance Commission to examine whether a separate mechanism for funding of defence and internal security should be set up. What are the implications for the finances of the states?

Explained: Behind the decline in fiscal deficit

Mon, Jul 08, 2019

FM surprised all by announcing a marginal decline from 3.4% to 3.3%. How will it be achieved? Will it affect the flow of funds between Centre and states? Will it come at the cost of capital expenditure by PSUs?

Union Budget 2019: Govt to meet part of its borrowings from abroad — a departure

Sat, Jul 06, 2019

Union Budget 2019: The bond markets has reason to cheer given the huge borrowing programme of the government. The relief was reflected in the10 year bond yields which fell below 6.6 per cent and closed finally at 6.69 per cent.

Explained: Unpacking the Budget

Sat, Jul 06, 2019

How has the first-time finance minister, Nirmala Sitharaman, scored on her debut? Has the first Budget of PM Narendra Modi’s second term laid the foundation for achieving the goal of making India a $5-trillion economy by 2025? Will the Budget address the pressing concerns of the Indian economy? The Indian Express cuts through the clutter.

Economic Survey 2019 big ideas: Rationalise minimum wages architecture

Thu, Jul 04, 2019

The Survey's recommendations, in line with the revised code, entail fixing minimum wages based on either the level of skill — different wages for the unskilled, semi-skilled, skilled and highly skilled — or the geographical region, or both.