The writer is Contributing Editor at The Indian Express, and Consulting Editor at Network 18
December 26,2020 04:14:30 AM
Surjit S Bhalla writes: Some authors are explicit, others indulge in nudge-nudge, wink-wink — these four years were also the first four years of the changing political order in India — the beginning of Narendra Modi as Prime Minister.
Sat, Dec 26, 2020December 12,2020 03:30:21 AM
Surjit S Bhalla writes: A minuscule minority of farmers is protesting against the farm laws. They don’t want an end to the system that has benefited them.
Sat, Dec 12, 2020October 24,2020 04:10:32 AM
Surjit S Bhalla writes: Lockdowns were an unnatural experiment and, around the world, they have not worked in achieving their major health objective of less infections or slower pace of infections.
Sat, Oct 24, 2020June 01,2020 04:01:41 AM
No matter how the calculation is done, India is a positive fiscal stimulus outlier; by IMF-PT calculations, the stimulus is close to the largest among major emerging market economies.
Mon, Jun 01, 2020February 08,2020 03:50:02 AM
Forecast of most experts was that the bold corporate tax cut of September 2019 would lead to a decline in tax collections, would not help economic growth. The opposite seems to have happened.
Sat, Feb 08, 2020January 25,2020 00:39:26 AM
Our very conservative estimate is that absolute poverty in 2017-18 was in the low to mid-single digits — a decline of 6-8 percentage points from the 14 per cent level in 2011-12. This is indeed a happy note as we celebrate 70 years of the creation of the Indian Republic.
Sat, Jan 25, 2020November 27,2019 01:33:17 AM
Not every government report should be accepted. Sometimes institutions fail to produce a credible report. Sometimes a nation has to recognise that its statistical institution is failing the most basic of ‘smell’ tests and is in need of reform.
Wed, Nov 27, 2019September 28,2019 04:00:27 AM
Modi Econ 2.0 has started with a big bang — the largest corporate tax cut in world history for new manufacturing firms. Surely this is just the beginning.
Sat, Sep 28, 2019August 31,2019 00:45:15 AM
Arun Jaitley will be missed for his friendships across political camps, and contribution to policymaking. Above all, he was a man of ideas
Sat, Aug 31, 2019August 10,2019 03:00:55 AM
Is India as different as claimed by “experts”? My own experience, and interpretation, is that India is very different because the experts (perhaps including those at the central bank) look at monetary policy very differently.
Sat, Aug 10, 2019August 03,2019 01:00:20 AM
Cross-country evidence supports the conclusion that the sooner India engages in foreign currency borrowing, the quicker it can profit from this market imperfection
Sat, Aug 03, 2019July 27,2019 00:56:36 AM
India was a pioneer in data collection some 70 years ago. It should be recalled that GDP data in the first 30- odd years was based on the consumption data collected by the NSSO. Poverty rates, and policies, were based on NSSO data.
Sat, Jul 27, 2019July 13,2019 00:11:11 AM
India has just one policy option to advance private investment and become a $5 trillion economy — reduce corporate tax rate for all firms to 22 per cent, reduce misguided rates of personal income tax.
Sat, Jul 13, 2019July 06,2019 00:40:42 AM
Nirmala Sitharaman’s budget speech was what budget speeches ought to be. A vision statement of what the government plans to do. She set the tone of her speech in an honest and direct manner.
Sat, Jul 06, 2019June 29,2019 00:32:55 AM
Given the estimated poverty decline in India between 2011-12 and 2016-17, time has come to change our economic policies — concentrate on what causes growth, not what causes poverty to decline
Sat, Jun 29, 2019June 22,2019 01:21:52 AM
Arvind Subramanian’s method of estimating GDP suggests that Germany over-estimates and Brazil under-estimates it the most. India is only a mild outlier.
Sat, Jun 22, 2019June 15,2019 00:30:57 AM
Is it possible that growth was over-estimated by a large 250 bps a year for five years and no one knew about it, including economists in government?
Sat, Jun 15, 2019June 01,2019 00:30:17 AM
All indicators lead to the same conclusion: Modi’s BJP recorded a spectacular victory in 2019 due to its provision of inclusive growth — very close to the best in the world in 2014-18
Sat, Jun 01, 2019May 25,2019 01:40:04 AM
The stage has been well and truly set for the next generation of economic reforms. There is no going bacK and the people believe Modi and trust Modi to deliver. That is why this election was about the delivery, and promise, of the Modi government.
Sat, May 25, 2019May 21,2019 02:31:22 AM
The most unfortunate event to befall the Congress was that the party won three states in December 2018. This lulled them into thinking that they had a good chance of making a come back in these states, and therefore, across India.
Tue, May 21, 2019May 11,2019 00:24:33 AM
Scholars have derived the conclusion that Modi was a minority winner (only 31 per cent vote), that he did not win a popular mandate, that 2014 was a Black Swan (very unusual event) election and, therefore, unlikely to be repeated again.
Sat, May 11, 2019May 04,2019 01:30:08 AM
Well, Election 2019 is turning out to be Rashomonesque. Everybody is seeing the same “facts” yet each has a different description of the reality, and its effect on the election.
Sat, May 04, 2019April 13,2019 00:34:35 AM
Data claiming 45-year peak in unemployment is misleading. Indian institutions are still operating with the technology and outlook of 70 years ago.
Sat, Apr 13, 2019April 04,2019 01:30:40 AM
Congress’s programme of poverty elimination is so flawed that its advocacy before an election is akin to political suicide.
Thu, Apr 04, 2019March 28,2019 02:41:39 AM
Very likely, and I am speculating, it was because of the opposition of Congress’s economic consultants that there were glaring and obvious contradictions in the Congress’s Minimum Income Guarantee (MIG) income, and the contradiction between survival and poverty line income.
Thu, Mar 28, 2019