Articles: April 2019

By: Haresh Jagtiani
Category: Common citizen, Governance, Global, India politics
Facing a charge of sexual misconduct, the CJI can convene a bench of three male justices, including himself, invite the Attorney General to speak on his behalf, admonish the press for sensationalising the event, accuse politicians of fabricating the episode, not have anyone represent the victim or... read more
By:
Category: Common citizen, Governance, Health, Inequality, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
India is dealing with a serious crisis of employment despite achieving higher than global average rates of GDP growth consistently for many years. The crisis has many dimensions, some of which are low real wage growth, a proliferation of insecure jobs, high rates of unemployment among the educated... read more
By: Arun Maira
Category: Common citizen, Governance, Inequality, Taxes, China-India, Global, Jobs, India politics, Indian economy, Inclusive growth
Iconic visions of Industry 4.0 are robots and self-driving cars that will eliminate human workers, and 3-D printers that can compress the capabilities of a large factory with hundreds of skilled workers into a small machine operated by a single person. A broader view of Industry 4.0 includes the... read more
By: Ajit Ranade
Category: Common citizen, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
The latest data for March shows the inflation rate to be 2.86 percent. The average inflation during the last fiscal year which ended in March is about 3.5 percent. This has been a remarkable success story, the credit for which should go jointly to the Reserve Bank of India and the NDA government.... read more
By: Ranjit K Pattnaik
Category: Common citizen, Inequality, Taxes, Global, RBI, Jobs, India politics, Indian economy, GST
The headline retail inflation measured in terms Consumer Price Index —Combined (CPI-C) has trended downward since September 2018 and reached 2.0 per cent in January 2019 on a year-on-year basis. This is the floor for retail inflation legislatively mandated under the Flexible Inflation Targeting (... read more
By:
Category: Common citizen, Governance, Inequality, India politics, Inclusive growth
April 13 is a dark day in India’s colonial history. This year, it marks the 100th anniversary of the brutal Jallianwala Bagh massacre in Amritsar, where Brigadier General Reginald Dyer opened fire on thousands of unarmed Indians, who had peacefully congregated in the Bagh on Baisakhi day as a mark... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Taxes, Global, Jobs, India politics, Indian economy, Inclusive growth
Yet, somewhere along the heat and dust, unsaid, unmarked and unexplained, the BJP narrative has begun to falter and look tired while the Congress narrative is beginning to look decent if not good and at times even inspiring. This may or may not mean much for the Lok Sabha election results. A host... read more
By: Ranjit K Pattnaik
Category: Common citizen, Taxes, Global, RBI, Jobs, India politics, Indian economy
The Monetary Policy Committee in its first bi- monthly resolution on April 4, 2019 for the current fiscal has reduced the policy repo rate by 25 basis points. Two months earlier on February 07, 2019 the MPC made the same rate cut of 25 basis points. Thus, cumulatively, there has been a rate cut of... read more
By: Himadri Bhattacharya
Category: Common citizen, Taxes, Global, RBI, Jobs, India politics, Indian economy
There was no surprise this time. As widely expected, the MPC of the RBI cut the policy repo rate by 25 basis points to 6% in its first bi-monthly meeting this fiscal by a 4-2 vote. The policy stance has been kept unchanged at ‘neutral’. Interestingly, the two MPC members who opposed the rate cut... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
There is much debate on the Indian National Congress campaign promise of NYAY – justice in English but in Hindi an acronym for ‘Nyuntam Aay Yojana’, or the Minimum Guarantee Scheme, under which the poorest 20 per cent households would receive Rs.72,000 per annum if the proposal turns into policy.... read more
By: Ajit Ranade
Category: Common citizen, Governance, Health, Inequality, Sustainability, Taxes, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth
The Congress party announced that if elected to form the next government, it would implement a Nyuntam Aay Yojana (NYAY), which will transfer Rs 72,000 as cash income annually to the bottom fifth of the poorest families. The acronym NYAY means justice. The implication is that this “injustice”... read more
By: Ranjit K Pattnaik
Category: Blackmoney, Common citizen, Governance, Taxes, Global, RBI, Jobs, India politics, Indian economy, GST
One of the important objectives of demonetisation was to discourage the use of cash and to check the amount of “currency in circulation” and thus reduce the flow of black money in the system. “Currency in circulation” is an important measure in that sense and has been used by the government to... read more
By: Hormuz P. Mama
Category: Common citizen, Sustainability, Taxes, Global, Jobs, India politics, Indian economy
When Boeing developed their latest-generation B737MAX, to keep their half-century old best-selling single-aisle airliner contemporary, they introduced new technology that was not available on earlier variants, in order to further enhance its air safety. It was called the Manoeuvring Characteristics... read more