The Approach Paper to the 11th Plan proposes an 8.5% target for GDP growth over the period 2007-08 to 2012-13.…
Should a government spend as much as it likes without worrying about the size of its deficits? Kerala?s new finance…
Much as the UPA would like to believe that its social security programmes would eradicate poverty, there seems to be…
The Eleventh Plan approach paper correctly notes that rural health care in most states in India is marked by absenteeism…
Media reports about price rise pinching consumer pockets far beyond the 4.7% official inflation rate have questioned the integrity of…
Are Indian equity markets driven by FIIs? What is the share of FII ownership in Indian companies? How do FII?s…
Last week?s fall in stock markets in India was part of a global story in which these markets fell all…
The political class is well aware of the ?revolution of rising expectations.? There is increasing empirical evidence that high-growth states…
YV Reddy got a lot of praise when he did not raise rates in credit policy 2006-07. Ironically, the credit…
From April 1, 2006, the FRBM Act prohibits the Reserve Bank of India (RBI) from participating in the primary debt…
In the euphoria about the headline data on the sharp rise in the gross savings rate in India, one fine…
Despite 15 years of liberalisation, despite high growth in every sector in which FDI came and despite no Indian industry…
The most important characteristic of Budget 2005 would be whether it incorporates a long-term view of fiscal policy or not.…
When Budget 2004 was presented in July, the finance minister had had very little time to prepare. The public has…
What part of India?s foreign exchange reserves does the RBI hold in US dollars, a declining currency? How does it…
Protests by textile exporters on the withdrawal of the Duty Entitlement Passbook scheme should not pressurise the government into bringing…
