Journalism of Courage
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Surjit S Bhalla
The writer is Contributing Editor at The Indian Express, and Consulting Editor at Network 18
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Goebbels and fake news — spot the differenceSubscriber Only
March 31,2018 00:00:23 AM
The Opposition is trying to create an alternate narrative about the political and economic reality under the Modi government.
Sat, Mar 31, 2018
The little-revenue taxSubscriber Only
February 17,2018 02:12:44 AM
LTCG is a bad idea. The best policy for the taxman is one that maximises revenue, not one that maximises his morality, or his employment, or discretionary powers
Sat, Feb 17, 2018
Revolution and regressionSubscriber Only
February 10,2018 01:00:59 AM
Tax buoyancy has helped the government to budget for schemes that make transfer of revenues to the bottom third of the population possible. There was no reason for the long-term capital gains tax
Sat, Feb 10, 2018
Smart policies for redistributionSubscriber Only
January 27,2018 01:36:00 AM
India can, and must, reform its welfare system. More efficient redistribution is desirable for ethical and political reasons
Sat, Jan 27, 2018
Piketty has got it wrongSubscriber Only
January 20,2018 00:07:49 AM
The implied savings estimates for India, derived from his calculations of income distribution, do not conform to any known model of savings behaviour
Sat, Jan 20, 2018
Tax-fruits of demonetisationSubscriber Only
January 17,2018 00:00:49 AM
A direct outcome of demonetisation is a sharp increase in 2017-18 in tax buoyancy (revenues per unit of growth). Given this ‘unexpected’ result, will the knee-jerk critics of demonetisation please stand down?
Wed, Jan 17, 2018
World economy: Looking upSubscriber Only
January 01,2018 00:37:42 AM
It is on course for high growth, low inflation, lower taxation, increased income support for the needy. And declining inequality.
Mon, Jan 01, 2018
No proof required: Gujarat 2017, lessons for allSubscriber Only
December 23,2017 00:00:17 AM
This election was the first since slow economic growth was apparent and in the data. A slow economy, however, was not the only factor — after all, in Himachal Pradesh (HP), the BJP won by a large margin.
Sat, Dec 23, 2017
No Proof Required: Gujarat 2017- A turning point?Subscriber Only
December 14,2017 00:01:06 AM
For whom will the election bells toll -- a confident BJP or a reviving Congress? The opinion polls suggest that this may not be a Rahul Gandhi moment.
Thu, Dec 14, 2017
Give accountability a chanceSubscriber Only
December 02,2017 00:10:29 AM
Here is a modest proposal to bring about much-needed accountability to the decisions of the RBI (and MPC): Let the RBI governor be questioned by Parliament twice a year
Sat, Dec 02, 2017
No proof required: Making RBI accountableSubscriber Only
November 25,2017 00:00:39 AM
The first year of operation of the Monetary Policy Committee has imposed considerable costs on the economy with very few benefits. What explains its decisions?
Sat, Nov 25, 2017
Dead parrots tell no talesSubscriber Only
November 11,2017 00:24:02 AM
A forthcoming book explains that inflation, which haunted the world in the Seventies and the Eighties, is now only a windmill to be tilted at
Sat, Nov 11, 2017
No Proof Required: Demonetisation and its contentsSubscriber Only
November 08,2017 00:30:44 AM
It was about both politics and economics. It is an acknowledged political success and early ‘returns’ indicate an economic success story as well.
Wed, Nov 08, 2017
Hungry for publicitySubscriber Only
October 21,2017 00:02:48 AM
Surveys on hunger suggest that like poverty, it is more a relative, than absolute, concept. The best policy to increase nutrition is via sanitation and clean water
Sat, Oct 21, 2017
Looking for honesty in the wrong placesSubscriber Only
October 14,2017 00:05:48 AM
We all have a choice — we can either debate evidence, or manufacture conclusions
Sat, Oct 14, 2017
Data vs gossip: Who should win?Subscriber Only
September 30,2017 00:02:55 AM
The incomes of the poorest are rising at a faster pace than any time since January 2015. That could be the reason for Modi winning elections and why the growth slowdown will soon reverse.
Sat, Sep 30, 2017
No Proof Required: It’s interest rates, stupidSubscriber Only
September 19,2017 00:00:44 AM
Inflation is down by 700 bp since 2013, and policy rates have declined by 200bp — and you are still wondering why GDP growth is slow?
Tue, Sep 19, 2017
No proof required: Madness in monetary policySubscriber Only
August 19,2017 00:21:29 AM
In India we have a monetary authority that admits to not understanding inflation — but persists in damaging an already weak economy because it does not understand it
Sat, Aug 19, 2017
No proof required: Leave your ego at homeSubscriber Only
August 01,2017 00:10:31 AM
Average CPI inflation for eight months since September 2016 has been 3.7 per cent. How long are you going to wait and watch, MPC, before you admit that you were wrong in your assessment?
Tue, Aug 01, 2017
No proof required: Battle of the elitesSubscriber Only
June 17,2017 00:00:15 AM
The old elite — politicians, corporates, left-intellectuals, academics — won’t give up their privileges easily. They will try to derail the structural transformation happening in India and object at every turn
Sat, Jun 17, 2017
No proof required: Just why are farmers rioting?Subscriber Only
June 10,2017 00:02:32 AM
It is politics that best explains the phenomena of farmer riots amidst growing prosperity.
Sat, Jun 10, 2017
No proof required: MPC — you are not in D-School any moreSubscriber Only
June 06,2017 00:05:15 AM
One logical way for the MPC to change course and lower rates is by being Keynesian at the June 7 meeting — the facts have changed, so we have changed our mind
Tue, Jun 06, 2017
The good, the uglySubscriber Only
June 03,2017 01:04:47 AM
Narendra Modi’s tenure thus far has brought about significant structural change in the economy. But the nation needs to be careful about false morality and cow vigilantism
Sat, Jun 03, 2017
No Proof Required: RBI, enough of elevator economicsSubscriber Only
April 29,2017 00:06:03 AM
The inflation forecast is the most important aspect of the most crucial economic decision that the RBI makes — it needs to be more in tune with reality.
Sat, Apr 29, 2017
Cow vigilantism — or minority hunting?Subscriber Only
April 12,2017 00:02:56 AM
PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.
Wed, Apr 12, 2017Journalism of Courage
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