Articles: July 2017
Publish Date: 23rd July, 2017
Category: Common citizen, Indian economy, Inclusive growth
A great transformation awaits digital India in the next five years, and it is all centered around a resource called “data”. Unlike oil, data is an infinite resource which will never deplete. The modern economy is throwing up so much data, which itself has become the raw material for new businesses.
Publish Date: 17th July, 2017
Category: Blackmoney, Common citizen, Governance, Global, Jobs, India politics, Indian economy, Inclusive growth
Earlier, where some businesses manipulated the system, today we have liberalised and opened the floodgates so that there are more violations, big and small, straddling the corporate ladder. It is pointless to discuss which is worse. What is important is today the average manager is caught in a trap.
Publish Date: 14th July, 2017
Category: RBI, India politics, Indian economy
The memoir of Dr. Reddy is immensely readable for both lay readers and policy- practitioners. It contains a wealth of information and is a trove of anecdotes. Its lasting value will be in enhancing and enriching RBI's institutional memory of an era replete with important and watershed events.
Publish Date: 11th July, 2017
Category: RBI, Indian economy
Given the predominance of this twin balance sheet problem manifested in the surfacing of a leveraged corporate sector and stressed banking sector, the move to a higher growth trajectory apparently looks difficult. This financial imbalance thus poses a big question mark on financial stability.
Publish Date: 9th July, 2017
Category: Common citizen, India politics, Inclusive growth
The recent episode of farm loan waivers once again brings the farm sector woes in focus. It is hoped that in these waivers, genuine cases get adequate relief. Unless we undertake the reforms of truly unshackling agriculture, we are simply biding time till the next crisis looms large again.
Publish Date: 3rd July, 2017
Category: India politics, Indian economy, GST
To get the basics right, there is no question that the GST is a desirable reform that opens the gates to a system that will widen the tax net and set the stage for truly integrated, connected and formalised business practices that can be tracked and taxed to the last stage of consumption.