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Saturday, March 06, 2021

Vijay Kelkar

Vijay Kelkar is former Finance Secretary.

Permitting industrial houses to own banks could undermine economic growth and democracy
Fri, Nov 27, 2020

Indian capitalism has long been stigmatised because of the murky two-way relationship between the state and industrial capital. If the line between industrial and financial capital is erased, this stigma will only become worse.

Goods & Services Tax: Fantastic idea, work must begin today
Wed, Mar 01, 2006

In the Budget speech, Finance Minister P Chidambaram has set a 2010 date for the introduction of the Goods and Services Tax (GST). This is f...

Good Service to Taxation
Wed, Feb 22, 2006

The most memorable budget speeches are those that are animated by a single big idea. Manmohan Singh did that with economic reforms. Chidamba...

Budget for securities
Mon, Feb 28, 2005

Where do we go next in Indian finance? We have been converting 23 per cent investment into 6 per cent growth. A better financial sector will...

Globalisation involves us all
Sat, Nov 20, 2004

One slogan of the Internet age is, the Internet changes everything. A similar dictum applies in economics: globalisation changes everything....

Reforms can bridge, is bridging, the two Indias
Thu, Jul 08, 2004

A major problem that India faces is the large cross-sectional dispersion in economic development. There is a roughly 3:1 ratio in the per ca...