The RBI cannot confuse de facto operational independence with de jure policy independence.

It may be a good idea for the BJP to dwell on policy failures and solutions before they draft the manifesto for 2019.

An old adage preaches rather piously that you cannot escape responsibility for tomorrow by evading it today.

Shankkar Aiyar, Visiting Senior Fellow, writes on the recently tabled, Budget 2018 in his New Indian Express article. He opines that the anger of the middle class is about the relief that was expected and which is not in the budget....

A budget of promises and missed economic opportunities

India is the only large country in the world that is experiencing subnational income divergence

Why the number tax payers in India has been low historically and how this is a result of structural flaws in the system.

Five major reforms that should ideally be a part of the Budget but will not due to political compulsions. They must wait to be propelled by a crisis.

Will Budget 2017 leverage resources to fix the parade of daily deaths that are really the consequence of dead policy walking?

IDFC Institute Visiting Fellow Renuka Sane writes in Indian Express: "Pension reform is important. But next time, Centre must put in more rigour."