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…
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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…
By Himadri Bhattacharya |
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…
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…
By Ajit Ranade |
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…
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…
By Arun Maira |
Participative and well conducted multi-stakeholder processes increase social solidarity, which makes good societies. The expertise that is required is the expertise to…
By Ajit Ranade |
The full impact of tax reform and attendant benefits are only possible when we implement both direct and indirect tax reform. The principle of optimal taxes requires…
By Sudarshan Iyengar |
As Gandhiji’s grandson Gopalkrishna Gandhi has rightly remarked, Amit Shah’s remark that he was a clever bania was tasteless and has mischief hidden in it. The use of the
The response to the loan waivers has been along predictable lines. A loan, after all, is meant to be paid back and the indiscipline of waiving the outstanding leads to…
By Vappala Balachandran |
It would be advisable for India to keep contingency plans to protect the interests of 6,50,000 Indian workers who constitute one quarter of the 26 lakh Qatari…
By Ajit Ranade |
Setting of interest rates is a key component of the monetary policy. This responsibility is now with the Monetary Policy Committee (MPC). The MPC has six members,…
The overleveraged corporate sector, lack of better alignment of administered interest rates on small savings with market rates and stress in banks balance sheets remain…
To some extent remonetisation could take care of the slowdown in growth. However, the sustainable solution is an elevated level of investment with fiscal rectitude of…