Bibek Debroy

Articles By Bibek Debroy

136 Articles

The worship of Devi: Standardisation brought about by community Durga Pujas is erasing the other modes

Devi is worshipped in many forms, such as Nava Durga or nine forms of Durga: Shailaputri, Brahmacharini, Chandraghanta, Kushmanda, Skandamata, Katyayani, Kalaratri, Mahagauri and Siddhidhatri.

Tax Trouble: Ricky Martin and tax reforms

The big-bang cleaning up apart, and notwithstanding improvements, a lot can be done on appeals, scrutiny, refunds and dispute resolution, procedural improvements, etc

Nevertheless, such delays should not be acceptable, especially if there is no merit to a case.

75 years of Independence: Where we were in 1947, and where we are now

We must not only look back in anger at what we have not accomplished, but also should look back with wonder at what we have

The Indian economy was different then. Minoo Masani (1905-98) is all but forgotten now.

Nor any drop to drink: If water is under-priced, its use will be inefficient and excessive

There is an aggregate water crisis and there is a distribution crisis, since rainfall ranges from copious Meghalaya to arid Rajasthan.

Whether it is 4% or 5%, there is no denying India has a water crisis.

The productivity of state legislatures has been quite poor

In 2020, despite the pandemic, Parliament met for 33 days. Nineteen state legislatures met for 29 days on average in the preceding, non-pandemic years

The stipulation in the Banking Regulation Act, 1949, that no shareholder of a banking company – PSB or private sector bank – can exercise voting rights more than 26%, is also being reviewed, sources added.

Remembering Sunil Jain: A dinner waits

Sunil was just Sunil. If I continue to write for FE, that’s because of Sunil.

Remembering Sunil Jain: A dinner waits

Fighting Fakes In Pharma: The problem isn’t new

The enforcement of Good manufacturing practices is a generic issue, not something we wake up to in the midst of a pandemic

Temporary outrage over fake RT-PCR test reports is misplaced, unless we decide to clamp down on everything fake.

Indian Railways building modern engineering marvels! New bridges to be India’s heritage of the future

The bridges the Railways is building are modern engineering marvels. Decades from now, they will serve as the Railways’ heritage

Since the arch closure happened in early April, Chenab bridge has also recently been in the news. Construction wasn’t easy, given the terrain.

Manholes in India: Judging by the cover

Can manhole covers sold be a surrogate indicator of new road construction activity, as opposed to widening existing roads?

That stamping is because of rules of origin requirements for imported manhole covers.

A president preaches: What should a president write on?

With revelations to justifications, Pranab Mukherjee’s last memoir begs the question, what should a president write on?

It’s more a question of morality and ethics.

National Rail Plan: Indian Railways’ route to growth

Other than reiterating policy issues and listing operational constraints within the Railways, the primary value addition of the NRP is analysis of the existing network

But DFCs are meant to do that, aren’t they, be dedicated? In the process, they free up capacity elsewhere.

Essential commodities act: The essential and the non-essential

There is an issue of de-seasonalising prices of agricultural commodities, often subject to cycles. But ECA doesn’t solve that problem. It is solved by ensuring storage and processing, allowing markets to function, not throu

A case for pre-packs: Insolvency resolution in India could benefit from pre-packs

Pre-pack incorporates the benefits of both informal and formal insolvency proceedings. In many jurisdictions, there exists a codified framework for pre-packs

“Nevertheless, being fully aware of the need to provide commensurate NCLT capacity, government has proposed in the budget that NCLT framework will be strengthened and e-Courts system shall be implemented,” Sahoo said.

Land of syrup & honey? Traceability, technology and digitisation can help ensure purity of honey

As a consumer, when you buy multi-flora honey, you probably pay Rs 400 per kg or more. But the beekeeper’s price has crashed to Rs 75 per kg, making apiculture unviable. What’s wrong?

The plain truth: Judgements should be made easier to Comprehend, by use of simpler phrasing

The unnecessary ‘latinisation’ of legal concepts also needs to be avoided

When asking the ministry of law and justice and the Bar Council to respond, the Chief Justice of India referred to Anthony Burgess’ book (1964) Language Made Plain.

The PH factor: Why should farmers, even those in Punjab and Haryana, not have the choice?

Reforms are about choice, competition and efficiency, and those haven’t touched agriculture.

The 2015-16 Agriculture Census tells us that most operational holdings are in Uttar Pradesh, Bihar, Maharashtra and Madhya Pradesh, in that order.

National Educational Policy: Rebooting the legacy

The real issue is amnesia about our history, roots, culture, legacy and language, and production of interpreters and clerks. That is what NEP 2020 seeks to reboot

But were orientalists familiar with any of the scholars mentioned in the NEP quote?

Looking back: Breaking Through is a chatty, warm and humorous account of a full life lived well

The trigger for these articles was Isher Judge Ahluwalia, who was then working on her 1991 book on productivity and growth (for Indian manufacturing).

Isher Judge Ahluwalia with husband Montek Singh Ahluwalia (Express photo)

NEP 2020: Bibek Debroy explains philosophy behind MPhil

The NEP 2020 has done away with Mphil. it was considered an essential filter for pursuing A PhD. However, it seems to be more of an exit option

For 2018-19, we have some numbers from All-India Survey on Higher Education (AISHE).

China, quid without a quo: 1954 India-China trade agreement was one-sided affair

By any yardstick, the trade agreement was one-sided, in favour of China. Today, any negotiator who agreed to this would be hauled over the coals.

In any such trade agreement, while negotiating, negotiators try to identify products where their country has a comparative advantage, though comparative advantage is necessarily dynamic and changes over time.

Pests and Law: Drumming up support against locusts

Anything built into legislation has to be formally repealed. Consequently, an anachronism like Section 4(1)(2) remains. The ordinance should have lapsed

Indeed, locusts are efficient sources of food, far more than meat, but obviously, not when swarms have been sprayed with harmful chemicals.

Robinson Crusoe’s skills: Because of the virus, some autarky vis-à-vis the external world is inevitable

But Robinson Crusoe and The Swiss Family Robinson (published 1812) are also a metaphor for something else, that of self-reliance, which is why economists coined the expression, Robinson Crusoe economy.

But growth, productivity and employment are about society’s economic goals, not morality.

Risk, uncertainty and COVID-19: A stark choice

Risk has a known probability distribution. For uncertainty, the probability distribution is unknown. Covid-19 makes us confront uncertainty, not risk

If I mechanically divide India’s Covid-19 deaths by its total number of confirmed cases, I will get a death rate just over 3%.

Covid-19 Pandemic: Why India urgently needs a uniformed statute

The seventh schedule lists health as a state subject, and different states have provisions that aren’t necessarily uniform and harmonised.

Today, health issues are different, and broader, than what they were in 1897. (PTI Image)

Bite that beetle: Entomophagy promises smaller environment footprint, higher food conversion efficiency

Two billion people eat insects today, but for many, they are not part of mainstream diet. With global population soaring, humans will be forces to seek them out as a food source.

Distorted balance of India’s population pyramid: Ageing population creates pressing economic concern

With declining birth and death rates having distorted the balance of the population pyramid, social security for senior citizens has become a pressing economic concern

Indian Railways reforms: A single cadre for Railways management

The newly minted Indian Railways Management service can break down the silos that plague the Railways. But this will not be without its challenges

Railway reforms, Indian Railways, IRPS, Debroy Committee, UPSC, Railway Board, Group of Secretaries
Income Tax Calculator, Budget 2019, How to Calculate Income Tax


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