Articles: December 2018

By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Global, India politics, Indian economy
The ministry of Home Affairs issued an order that authorised security and intelligence agencies to intercept, monitor and decrypt any information generated, transmitted, received or stored in any computer resource under the Information Technology Act, 2000 and the Information Technology (Procedure... read more
By: Arun Maira
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, China-India, Global, Jobs, India politics, Indian economy, Inclusive growth, GST
The chapter on smart cities says, “Smart cities is an approach to urban development characterised by area-based development, efficient delivery of basic services in an equitable manner, and citizen’s participation.” The chapter on governance says transformation of cities will require “opportunities... read more
By: Ajit Ranade
Category: Common citizen, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, GST
The year began with great optimism about economic growth. The previous year i.e. 2017 had concluded with actual growth beating earlier estimates of the International Monetary Fund. In the previous six years, the IMF’s usual optimistic forecasts given out at the beginning of the year had to be... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
Just when lakhs of farmers marched to the nation’s capital demanding relief for their distress, another smaller set had assembled in Shirdi, Maharashtra. This was for the annual national conference of the Shetkari Sanghatana, founded by the late Sharad Joshi. The three-day conference coincided with... read more
By: Y.V. Reddy
Category: Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
The Balance of Payments crisis in 1991 prompted economic reforms in India. The reforms included fiscal stabilisation, according a degree of autonomy in conduct of monetary policy, and deregulation of financial sector. They also included marketisation of government borrowing programme, adoption of... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
After every election, one of the commonest remarks of the teams and the leaders that lose is that they would introspect, study the results and make course corrections. In the case of the Assembly elections, Union Minister Arun Jaitley said the same: "We have done reasonably well. We have to... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Global, RBI, India politics, Indian economy
It is not that everything the Reserve Bank of India has done or is doing is right. There is a lot to be said about the way in which the central bank has functioned and it is fair to criticise, even attack, it over lack of transparency, poor bank supervision and of course the wonky management of... read more
By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
This December 12 is the third death anniversary of Sharad Joshi, founder of the Shetkari Sanghatana, the farmers’ organisation. At a time when lakhs of farmers are marching into the capital, and agrarian distress is visible in many parts of the country, it is appropriate that we recollect the... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Global, Jobs, India politics, Indian economy, Inclusive growth
This column appears on the morning a lot of us will be glued to our television screens, watching the results of elections to the Assemblies of the States of Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram. There is no doubt that these are a very important set of results. They will... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Global, Jobs, Indian economy, Inclusive growth
Fund managers and shareholders work with a different agenda governed more by higher profits and rising stock prices in the near term, not necessarily the long-term view that Polman brought into fashion at Unilever.
By: Dr. M A Kalam
Category: Common citizen, Governance, Health, Inequality, Sustainability, Global, Jobs, India politics, Inclusive growth
If the American national, John Allen Chau, has been killed in the North Sentinel island, in the Andaman and Nicobar Islands, as alleged, then it is indeed tragic. A young person in his twenties did not deserve to die this way. But equally, the illegal adventure of Chau and the push by the... read more
By: Ranjit K Pattnaik
Category: Governance, Taxes, Global, RBI, India politics, Indian economy
The RBI Governor Urjit Patel has reiterated before a Parliamentary panel the central bank’s well-known position that its reserves are "for periods of stress and not for meeting normal needs." A committee is set to go into the issue of an “economic capital framework” (ECF), or the reserves... read more
By: Ranjit K Pattnaik
Category: Common citizen, Global, RBI, India politics, Indian economy
The penultimate monetary policy for fiscal 2018-19 has maintained status quo on the policy repo rate at 6.5 per cent but what stands out is the clarity with which the MPC resolution and the RBI leadership has spoken this time on critical areas like liquidity, volatility in retail inflation, growth... read more
By: Himadri Bhattacharya
Category: Common citizen, Governance, Global, RBI, India politics, Indian economy
The fifth bi-monthly meeting of the MPC of the RBI in the current fiscal was billed to be a non-event since just about everyone was certain that the policy repo rate would be kept unchanged at 6.50%. It turned out to be not exactly a non-event although the MPC kept both the policy rate as also the... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
In his own strident way, never giving an inch and always straining to milk dry the argument for his side, Finance Minister Arun Jaitley has summed up the frivolousness of the debate on GDP growth rates. The Minister wrote in his blog: “Data based on facts and on the best global practices is... read more