Pocket Money
Briefs on what they kept from you about your money this week!
Should we save the Adani investors?
Share trade resembles a local market auction -the anxious traders,their tricks and hacks and the adrenaline raising rounds of bid. Two decades back it was literally so with share traders jumping around most of...
Critically evaluating the proposed amendments to the Insolvency and Bankruptcy Code
Recently the Ministry of Corporate Affairs had sought public comments on changes being considered in the Insolvency and Bankruptcy Code 2016. In consultation with experts and civil society we submitted our responses to the...
States cessed out
Cesses collected in early independent India were intended to aid the development of specific sectors. The different finance commissions from the Fourth Finance Commission disallowed the inclusion of cesses to the devolution pool as...
Budget of the decade; will she remember the common people — for a change! THE MONEY TRAIL
The Money Trail Will our Finance Minister align with the common people this time? Will she accept that the economic slowdown is predominantly a demand crisis and not because corporates are not motivated enough?...
‘Car economics’ to explain India’s skewed growth model
Somewhat like ‘thalinomics’ of Economic Survey of 2019-20 which measured household incomes and “dosa economics” of Raghuram Rajan in 2016 to explain inflation, ‘car economics’ explains the higher-growth-higher-inequality paradigm
Did the Supreme Court really vindicate the Modi government’s demonetisation decision?
The BJP is projecting this judgement as an endorsement of its move. But the court only commented on narrow point of the legality of demonetisation.
Time to press the panic button: Job loss is widespread and galloping
India has officially acknowledged that 62.5% of its population or 813.5 million people are extremely poor and need to be fed
RBI, Artificial Intelligence, Machine Learning and MNCs – Dangerous proposal – Must be dropped
When RBI is refusing to disclose details of borrowers whose loans are written off except in the case..
Trade deficits hit $111 billion in November 2022 – up by 135%
Import barriers are self-inflicted wounds which is not only disabling the fourth growth engine – exports – but also increasing forex outflows
The Fiscal Challenges of the Realization of Workers’ Rights: Do They Exist?
For the past 36 years, banks' pensions have not been upgraded. No social security, like universal basic income, is considered. The vast majority of unorganised sector workers (94%) do not have access to provident...
When less than 4% of Indian dollar millionaires pay income tax
In FY18, the last year for which disaggregated income tax data is available, only 29,002 ITRs declared income above Rs 5 crore, while Credit Suisse said India had 7.25 lakh dollar millionaires (the wealth...
20ची टोळी – एक चित्रकथा
प्रकाशन का नाम: 20ची टोळी – एक चित्रकथा रचनाकार: ऑरिजित सेन, समर्थ, सोनल रघुवंशी मराठी अनुवाद: अनिल आठलेकर प्रकाशन: ऑक्टोबर 2022 उपलब्ध भाषा: अंग्रेजी, हिंदी, मराठी, बंगाली उपलब्ध स्वरूप: प्रिंट, Epub, PDF *हेन्रिच बॉल...
No escape from the lower-middle income trap, at least not yet
A 17% credit growth in the first quarter of November 2022 means little since personal loans continue to dominate over loans to industry, particularly large industry. In September 2022, the CFA explained how India’s...
PM-Kisan: Who and how many are getting income support of Rs 6,000?
Surely, the Center doesn’t know; had that not been the case, it wouldn’t be giving multiple sets of data, all of which contradict each other. One true “master stroke” that helped the Modi government...
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