RBI, by keeping real interest rates very high in 2017, attracted hot money into the debt market, causing problems in…
One of the signature reforms of PM Modi, announced from the ramparts of the Red Fort on August 15, 2014,…
Is it too much to expect that, in this data-dependent world, one should discuss hard evidence rather than soft opinions?
The level of GDP in the new base year (2011-12) was lower by about 2% than the previous estimate for…
Crony capitalism notwithstanding, there is NO evidence that India has experienced an above average increase in income inequality
At a minimum, the consolidated Centre-plus-state deficit for FY18 would be about 0.5% of GDP less than now assumed by…
2018 is the year for which the maximum number of claims of jobless growth have been made—it may well be…
Let us debate facts, and causes. Leave fake analysis to the trolls. Let Twitter, and newspaper discussion, rise above the…
When the findings of NSSO-CE 2017-18 are released, they will (likely) mark an important departure of India from an absolute…
One mistake has fed into another to yield madness at every corner. The children of the poorest of the poor,…
Pronouncing the rebirth, or even a significant acceleration in Indian inflation, maybe a trifle premature
High stakes for the Congress: If the Congress wins in Karnataka, it can rightfully claim that the 2014 national election,…
The best macro-economic performance ever in India was obtained in 2014-18; Modi’s challenge remains the reining in of the enemies…
the World Bank is guilty of the “not so scholarly” traditions of Western scholars to ignore scholarship from elsewhere, even…
National elections are scheduled for May 2019, and may happen sooner. I have often said, to anyone willing to listen,…
A constructive debate has opened up with regard to the imposition of the long-term capital gains (LTCG) tax (goo.gl/CyXAE7). In…
The LTCG formulation is not only flawed in design, but also likely to yield very little tax revenue. At the…
Budget 2018: Budget 2019 can best be described as one made possible by an ongoing revolution in tax collection. This…
