In every large and diverse country, federalism matters not just for political stability but also for economic development. The decentralisation of ....Read More
Key priorities for employment policy Measures that generate income for the poor are more important than tweaking the applicability threshold for la....Read More
MYOPIC MICROMANAGEMENT by NITIN DESAI The Union Government must not try and micro-manage what corporate managem....Read More
THE POST-COVID ECONOMY by NITIN DESAI The Indian economy has clearly fallen behind by several years if one look....Read More
THE GREAT DIVIDE by NITIN DESAI The Covid epidermic has widened the great divide that separates the living cond....Read More
The fiscal conservatism of the finance ministry means growth revival is going to take longer and may not be seen till late i....Read More
The Economic Survey and the budget speech have both focused attention on the need to boost the growth rate beyond its c....Read More
Less than a month from now the new Finance Minister, Ms.Nirmala Sitharaman, will present the first budget of the reelec....Read More
Are coalition governments bad for the economy? This, question has arisen because of the high probability that the comin....Read More
On February 1, 2019 the finance minister will present the final budget of this administration. It should be an interim ....Read More
The deteriorating trends in the current account deficit have been known for some time. But the government reacted only ....Read More
The recent IMF Report on the Indian economy projects a gradual acceleration of growth but also draws attention to sever....Read More
The presentation of the union budget to Parliament is fast changing from the Constitutional requirement which speaks on....Read More
Has the economy turned around and is the growth process back on track? The government’s statisticians are now pro....Read More
A little over forty years ago, when I joined the Planning Commission, Prof. Chakravarthi asked me to formulate a model ....Read More
Today marks the end of Samvat 2073 and the beginning of Samvat 2074 in some parts of India. The turn of the year is a t....Read More
The farmer’s agitation in Madhya Pradesh and several other States has raised concerns about the health of the agr....Read More
The GDP numbers that have come out recently show a continuing decline in the rate of investment, reflected also in the ....Read More
One month of the Trump presidency has confirmed the fears that were expressed after his surprise victory. His acts are ....Read More
The Finance Minister will present the budget for 2017-18 in an economy reeling under the hammer blows of the demonetisa....Read More
Is the tax reform agenda running aground? That is the impression one gathers from the Centre's proposals on GST....Read More
The Government has made a wise choice for the Reserve Bank Governor in Urjit Patel who has the domain knowledge, experi....Read More
Raghuram Rajan's imminent departure from the RBI has been regretted by many who value competence in the making and impl....Read More
The finance minister faces an unenviable challenge. He has to find resources for higher public investment and a quantum....Read More
The Finance Minister faces a difficult problem in choosing between two sets of advisers. Both factions accept that the ....Read More
Two recent events have provoked this reflection on the role of large corporates in our economy.....Read More
Storm clouds are gathering and our polity and economy are going to face rough weather in the months ahead.....Read More
The only period of very high growth that India has known, from 2003-04 to 2010-11, was driven by a corporate investment....Read More
We now have a successor to the Planning Commission with a carefully contrived acronym as its name, perhaps to signal wh....Read More
Many years ago there was popular song from an American musical which said "Anything you can do I can do I can do better....Read More
The first budget of the new Government is eagerly awaited by stock market punters and corporate managers who have been ....Read More
There is a certain euphoria in business circles in anticipation of a big victory for the business friendly Narendra Mod....Read More
The verdict of the recent State elections is clear – the Congress and UPA II are in trouble. Yes they involved on....Read More
Mr. Chidambaram must be a worried man. A week from now he will present a budget which is expected to revive growth, con....Read More
The Governments budget is generally formulated as a cash-in cash-out budget more or less comparable to a housewife&rsqu....Read More
In the wake of the 31 July blackout a lot has been said and written about the policy failures in the power sector. The ....Read More
A new team of the Prime Minister and two trusted lieutenants, Dr. Rangarajan and Montek Ahluwalia has taken charge of t....Read More
The next Prime Minister of India will wield even less authority over his cabinet colleagues than Dr. Manmohan Singh. Th....Read More
Tomorrow the Finance Minister has to present a budget that will revive investor confidence, restore fiscal balance and ....Read More
The central goal of the budget which the Finance Minister will present in March must be to restore confidence in the pr....Read More
Jairam Ramesh’s departure from the environment ministry is being seen as a victory by some industrialists and com....Read More
A few weeks ago the Reserve Bank raised its policy rate by 50 basis points mainly with the intention of containing infl....Read More
This column has been provoked by a current dispute between two publicly listed companies that has been linked to a fami....Read More
The spectre of a runaway price rise is haunting the corridors of power in this pre-election year. Memories of earlier e....Read More
Next week the Finance Minister will present what may be the last substantive budget of this administration.....Read More
January is a month when, with the change of the year, journalists and columnists suffer from an uncontrollable urge to ....Read More
Two months ago when global stock markets were booming this column asked whether the party would continue and suggested ....Read More
The stock market boom continues apace and has now lasted for four years from the time the Sensex started rising in mid ....Read More
Yesterday the Committee on Technology Innovation and Venture Capital presented its report to the Planning Commission.....Read More
The Prime Minister, Dr. Manmohan Singh, has been talking lately about the possibility of India aiming at a growth rate ....Read More