ishan.bakshi@expressindia.com
Ishan Bakshi writes: India's twin deficits will only grow unless the root cause is addressed – state control
Sat, Jul 30, 2022Ishan Bakshi writes: Whichever way you slice the data, there aren't that many consumers with significant discretionary spending capacity, and those with capacity aren’t increasing their spending.
Tue, Jun 28, 2022Ishan Bakshi writes: Revenue collections have been rising. The challenge for Centre and states is to ensure that this continues
Fri, May 27, 2022Ishan Bakshi writes: It has erred on forecasts. MPC members must make public their individual projections.
Wed, Apr 27, 2022Ishan Bakshi writes: There are several uncertainties surrounding states’ revenues and expenditures. This makes it hard to assess general government fiscal boost to economy for the coming financial year.
Thu, Mar 31, 2022Ishan Bakshi writes: Several considerations, including the underlying technological architecture and impact on cash circulation and banks, will determine how it is designed
Fri, Feb 18, 2022Union Budget 2022-23 Explained: Finance Minister Nirmala Sitharaman Tuesday presented the Union Budget 2022-23 in Parliament. Here are the highlights from Sitharaman’s Budget speech, and an explanation and analysis of it.
Wed, Feb 23, 2022🔴 Ishan Bakshi writes: Between April 2020 and September 2021, 23 per cent of India’s formal labour force availed of an advance from EPFO to meet Covid-19 expenses
Fri, Jan 21, 2022🔴 Ishan Bakshi writes: It has adversely affected chances of social mobility. This could combine with already high levels of inequality of opportunities and precipitate greater demands for income redistribution.
Tue, Dec 14, 2021Ishan Bakshi writes: Increasing push towards solar energy, shifting of hitherto cross-subsidising private entities to renewable energy has compounded perilous position of utilities making need for reforms more urgent.
Sat, Nov 06, 2021Ishan Bakshi writes: It points towards a continuing divergence in the fortunes of the formal and informal parts of the economy.
Tue, Oct 05, 2021Ishan Bakshi writes: In a capital-deficit country, rather than welcoming capital, we seem to be creating more and more hoops for it to jump through
Thu, Jul 15, 2021Centre has routinely stepped in to rescue discoms in distress, but dues have continued to rise. Minor tinkering will no longer help.
Sat, Jun 19, 2021Amendments to the Insolvency and Bankruptcy Code framework are a step towards addressing lacuna in its original architecture. The code is transitioning away from a creditor-centric approach.
Fri, Apr 16, 2021States have spent less in this year, may focus on fiscal consolidation in the year to come. This belies hopes of a public-spending-led recovery.
Thu, Mar 18, 2021Few would have faulted governments for spending more to counterbalance the effects of a once-in-a-century crisis. There is a time for aggressive consolidation. This was not it.
Tue, Feb 09, 2021While job creation typically tends to follow economic recovery, surely, by now, given that value added by almost all sectors is around 90 per cent of last year’s levels, the distress in the labour market should also be showing signs of easing.
Fri, Dec 18, 2020Some unconventional measures may well be needed at the current juncture. But discarding the principles of sound public policy, though it sounds appealing, could end up doing more harm than good.
Sat, Sep 26, 2020The central bank must develop a clear strategy on what to do. At the one end, it is legally bound to an inflation target. Yet, at this juncture, there is a strong argument to look past the current spurt in inflation, and test the limits of both conventional and unconventional monetary policy.
Wed, Aug 19, 2020As a neutral arbiter of Centre-state relations, the Finance Commission should seek to maintain the delicate balance in deciding on contesting claims.
Mon, Jun 15, 2020Any intervention to “correct” pricing essentially involves placing a higher weightage on the assumed losses of competitors/producers than on the consumer’s apparent gains. This is not a straightforward exercise.
Fri, Mar 06, 2020Union Budget important points Explained, highlights: Here's an explanation and analysis of the Budget presented by Finance Minister Nirmala Sitharaman in Parliament today.
Sat, Feb 01, 2020Growth of GST collections has slowed since Q4FY19, in line with the fall in corporate tax collections, indicating the impact of sluggish economic growth.
Wed, Jan 15, 2020An eloquent account of how public policy needs urgent re-imagination
Mon, Dec 16, 2019The 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.
Wed, Nov 20, 2019