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Category: Economy

11 June 2022

Towards Prudent Fiscal Management in Assam

Economy
Despite the state government’s claim on fast growth in recent years, Assam’s per capita income is just 65.9% of all States average per capita income, or 70.9% of Northeast hill states (NEHS) average income in 2018-19, not to speak...
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Economy Assam, fiscal policy, Health, Income, rural development
12 February 2022

Lessons from a tale of two reforms

Economy
The Modi government at last climbed down to repeal the three farm laws on November 29, 2021 that provoked more than a year-long farmers’ protest starting from August 9, 2020. The protest allegedly took a toll of 600 human...
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Economy Agriculture, GST, Indian Economy, reforms, VAT
09 November 2021

Will asset monetisation work?

Economy
Its implementation is fraught with operational challenges The Central Government has proposed to mobilise about ₹6 trillion by way of monetising 20-plus brownfield asset classes, with the top three sectors in terms of value being roads (27 per cent),...
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Economy Asset, infrastructure, IRCTC, railways
01 October 2021

Asset Monetisation as Instrument for creation of Greenfield Assets

Economy
As is well known, India is hugely deficient in its infrastructure both in terms of quantity as well as quality, which not only impedes efficient functioning of the economy but also raises cost of production. In this context, the...
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Economy Asset Monetisation, COVID, GDP, Greenfield, infrastructure
04 July 2021

Centre must spend to help economic revival

Economy
In an interview around the release of the fourth-quarter growth figures for 2020-21 by the NSO, the Finance Minister asserted that all that needs to be done to restore growth has already been done in terms of the proposals...
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Economy COVID, economy, GDP, MSME, World Inequality Database
29 June 2021

Six ways India could revive its Covid-hit economy

Economy
In an interview around the time the National Statistical Office said that the economy had grown at only 1.6% in January-March quarter, Finance Minister Nirmala Sitharaman asserted that all that sufficient measures had already been taken to restore growth in the...
Read More about Six ways India could revive its Covid-hit economy
Economy budget, COVID, GDP, Health, Indian Economy, Tourism
26 June 2021

On Restoring Growth of Indian Economy

Economy
In one of her interviews with the media around the release of the fourth quarter growth of 2020-21 at 1.6% by the NSO, the Finance Minister asserted that all that need to be done for restoring growth has already...
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Economy Atmanirbhar Bharat, budget, corporate tax, COVID, demand, economy, GDP
15 February 2021

Some ‘missing’ pillars in the Budget

Economy
More funds could have been allocated to MGNREGA and PM Garib Kalyan Yojana to spur short-term demand Budget 2021-22, presented in the backdrop of Covid-19, has three major challenges: Containment of the pandemic; Budget 2021-22, presented in the backdrop...
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Economy budget, Covid-19, fund allocation, Garib Kalyan Yojana, job loss, MGNREGA, missing, pandemic, pillars, short term demand
29 January 2021

Budget should focus on demand stimulus

Economy
It should set aside the fiscal deficit for now, while raising revenue through wealth tax and monetising idle PSU assets An annual budget is a short-term instrument with a longer-term perspective. Rapid inclusive growth is a widely acceptable goal....
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Economy budget, demand, fiscal deficit, indian government, revenue, wealth tax
14 October 2020

GST tussle: Cooperative federalism at crossroads?

Economy
The current tussle between the Centre and States on the issue of GST compensation could be briefly put as follows: While bringing into operation the GST regime, there has been a statutory commitment that the Central Government would compensate...
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Economy annual growth, Covid-19, GST, Indian Economy, Parliament
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