January 30, 2019
Guaranteed basic income is not a solution to mass poverty
Let economic growth work for the top eight income deciles, and government welfare spending focus on the bottom two.
January 25, 2019
Pending bills and cost to Indians
The cost of pendency is the price paid by the public in terms of governance and increased taxes.
January 24, 2019
India now faces its own version of Soviet Union’s scissors crisis
Managing relative price of food in terms of industrial goods will be one of the biggest policy challenges for the government.
January 22, 2019
Budget 2019 must focus on diversifying sources of govt revenue; over-reliance on taxes is axing benefits of welfare schemes
Usually, governments around the world have a wide array of revenue generating options at their disposal. However, the nature of the economy and administrative capacity may constrain, either by choice or compulsion, the government's revenue generating...
January 16, 2019
The US-China trade war is an opportunity for India
With a large labour force, India is well positioned to capture the market of larger firms exiting China for more economic pastures. While the government must offer a strong commitment and support, the Shenzhen-type special governance zones should hav...
January 15, 2019
Indian economy in a better place under Arun Jaitley but challenges remain
Although the Indian economy is more stable now, some structural challenges to economic growth are still staring us in the face
January 15, 2019
Finance ministry has a poor forecasting record
Given the over-optimistic revenue estimates and under-budgeted expenditure, the FinMin’s budget projections should be taken with a pinch of salt
January 13, 2019
Quota policies, placebo politics
When Members of Parliament voted this week, they also, in a sense, certified the true state of the political economy.
January 12, 2019
India’s a Land of Cities, Not Villages
A prosperous future for India depends crucially on promoting well-planned urbanisation.
January 11, 2019
Moving from chaos to order: The overdue step to a simpler GST
The next government should plan to eventually move to a lower standard rate.