Why are two Indias growing further apart?
In more recent times, it is strong rise in financial assets, aided by fiscal and monetary support to businesses in response to the pandemic crisis, which has led to a sharper rise in inequality
In more recent times, it is strong rise in financial assets, aided by fiscal and monetary support to businesses in response to the pandemic crisis, which has led to a sharper rise in inequality
Since FY20, banks are giving more personal loans than loans to industry, particularly to large industry, and the growth in personal loans is even more dramatic
Human capital development is critical for the growth and development of any economy, but that is where India remains a global outlier, in spite of having entered the âAmrit Kaalâ and becoming the fifth-largest...
In fact, Centreâs whimsical policy response to the emerging global economic scenario is an equally big threat to the economy It would be imprudent to assume that a global recessionary trend will bypass India....
In keeping with its anti-people and pro-corporate tax policy, the Central government withdrew the windfall tax on oil exports on July 19th â 19 days after it was imposed â with effect from July...
Replacing regular jobs with short-term contractual ones will not only compromise professionalism in the armed forces and national security, but it will also pose a serious threat to social order already torn asunder by...
It is the fear of providing a fresh sail to the âMandalâ (OBC) politics of the 1990s that prevents âKamandalâ (BJP) politics in power from disclosing OBC data of the SECC of 2011 or...
It is absurd for the ministry to say 5.5% inflation in FY22 didnât hurt the poor and even more so its claim that a fall in inflation from 6.2% in FY21 to 5.5% in...
Everything that can go wrong is going wrong with the big-ticket âreformâ Insolvency and Bankruptcy Code (IBC) of 2016, which was sold as the panacea for stressed asset resolutions (NPAs).
Have you ever wondered why food and fertilizer assistance to poor citizens is called âsubsidyâ but tax assistance (tax cuts, tax holidays etc.) to rich corporates is called âincentiveâ or âstimulusâ? Or why when...
A truly historic development took place in the US earlier this month which has attracted little attention in India. The workers of tech giant Amazonâs New York warehouse forced the second-largest employer in their...
The Modi governmentâs accounting jugglery and gaslighting are legendary. Yet, here is one more instance, which is a work-in-progress, and threatens to further damage the society and the economy. We are talking about the...
One of the striking factors in the BJPâs electoral win in the recently concluded election in five states is the role welfarism played in overcoming anti-incumbency. Ground reports and political analysts have reported and...
The Modi governmentâs accounting jugglery and gaslighting are legendary. Yet, here is one more instance, which is a work-in-progress, and threatens to further damage the society and the economy.
The Indian tax system has been regressive for long with direct tax contributing less than indirect tax â contrary to what happens in developed economies. It is also known that tax incentives benefit corporates...