Under the given circumstances, both domestic and global, the Budget was the best possible. It has opted for a capex push, with revenue expenditures scaled back. Whether…
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By Ajit Ranade |
Economic reforms must urgently address these twin challenges: that the country’s demographic ratio has peaked and the growth dividend must be quickly encashed. And the…
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It is not at all clear as to how enmeshing the Railway Budget and discontinuing plan and non-plan expenditure would facilitate optimal allocation of resources. Another…
The perception that the predominance of cash in the economy makes it possible for the people to evade their taxes does not hold much water. There are many gaps between…
By Rupa Rege Nitsure |
In line with our expectations, the Union Budget-2017-18 has focused on active economic stabilisation, given the backdrop of economic slowdown intensified by…
By Usha Thorat |
Last year the Budget used CSO’s advance estimate that is not yet available for 2017-18. Moreover, the CSO has revised upward the GDP growth for last year. In light of…
The long term impacts of demonetisation are sugarcoated with many ifs here. Such an analysis, claims and statements are neither expected nor appropriate in a prestigious…
The irony is that the two sides now locked in the dispute –Tata and Mistry – are both honorable leaders who no doubt want to do good and build value for the Tata group…
By Vappala Balachandran |
The demonetisation, however laudable its objective might have been, has “left out” millions of migratory labour, daily wage earners, pensioners and educated people like…
By Ajit Ranade |
No country can unilaterally oppose the fever of protectionism. India too should be pragmatic about protecting the interests of domestic jobs and industry. But along with…
By Arun Maira |
A good ‘industrial policy’ for an economy must be an ongoing process of systematic stakeholder collaboration, to continuously self-adapt and produce outcomes desired by…
Given that consumption is down, small and medium enterprises are impacted by a shortage of cash in the economy and the GDP growth will slip, what should be the broad…
Due to the emphasis of the banking system on the cleaning up of the balance sheets, there is likelihood that the capital position of the banks could be inadequate to…
By Ajit Ranade |
There are several areas where the Trump administration is likely to deviate substantially from preceding policies. Some of these are retraction from global climate…
By Lekha Rattanani |
The Nov.8 decision to withdraw currency notes of Rs.1,000 and Rs.500 has turned into a full-fledged political battle which will run on and attract headlines well into…