Articles: September 2016

By: Anil K.Rajvanshi
Category: Jobs, Indian economy, Inclusive growth
Research and teaching go hand-in-hand because the excitement of new research is then passed on to the students. Most of the engineering colleges do not do any research and even in IITs, it is much below world standards; the teachers are hence not able to inspire students to do research.
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Common citizen, RBI, Indian economy
The institution of the Monetary Policy Committee (MPC) in many ways signals a monumental change in the process of decision-making at the RBI. For the first time, the committee rather than one person, who until now was the RBI governor, will decide the policy interest rates in the economy.
By: DN Ghosh
Category: Global, RBI, Indian economy
If we are to grapple with the recurring problem of non-performing assets and continue uninterruptedly with pushing social sector lending and infrastructure development, the polity has to act innovatively: there has to be a partnership, so to speak, between the state and the financial system.
By: Ajit Ranade
Category: India politics, Indian economy, Blackmoney
The government announced the Income Declaration Scheme (IDS) earlier this year to unearth black money in the country. It is an amnesty scheme, and allows people to declare undisclosed income or assets. They will pay 45% tax on the disclosed income, and will not attract any further action.
By: Ajit Ranade
Category: Blackmoney, Common citizen, India politics
The high value note can be withdrawn gradually over a period of two years so as to cause minimal inconvenience to legitimate users. During this period, we will also see an explosion of digital transactions, making it easier to retire the big note. As such, we are moving to a less-cash society.
By: Himadri Bhattacharya
Category: RBI, Indian economy
This unprecedented dividend policy has gone on for three years, and is ostensibly justified on the basis of a determination made by its Board that the RBI's capital position remains robust and adequate vis-a-vis risks. Hence the RBI has seen no need for ploughing back any portion of its... read more
By: Sudarshan Iyengar
Category: Common citizen, India politics
A person in public life has to be a person of character exercising self-restraint all the time. Gandhiji believed in self-imposed internal ethical control as against institutional restraints imposed from the outside by society on one’s behaviour, especially when in public life.
Category: Common citizen, India politics
The nation continues to be subjected to an unseemly tug-of-war between the government and judiciary, taking relations between the two constitutional pillars to a new low. Never before in independent India’s history, right from the day the Supreme Court was inaugurated, have we reached such a pass.
By: Ajit Ranade
Category: Common citizen, India politics, Inclusive growth
The key difference between advanced and emerging economies is in their educational attainment. This was the observation made recently by the visiting Deputy Prime Minister Tharman Shanmugaratnam of Singapore. He said that the biggest gap between India and East Asia was the state of education.
By: Arun Maira
Category: Jobs
Large, formal, organised enterprises use more capital, and more energy, and less people. The thrust of policy must not be to mindlessly bring micro enterprises into prevalent forms of formality and organisation. It must be to reframe the concept of productive enterprises—even in the large sector.