After demonetisation, the NDA government needs to get its affairs in order: starting from reviving private investment to delivering on social programmes.
The first step should encouraging an innovation culture that encourages people to solve mundane and everyday problems in a decentralised way.
Long term trends suggest India’s growth story is kept alive through higher government expenditure: GDP from public administration has now surpassed the GDP from the agriculture sector.
The best way to protect a presidential device is to keep it off the internet altogether. If that’s not going to happen, how else can it be kept safe?
The consultation process surrounding the new license failed to help protect accountability, privacy and user rights.
A common, unified market will benefit buyers far more than farmers unless logistical and procedural issues are quickly fixed.
The political economist answers a range of questions on the note ban – painting a comprehensive picture of what demonetisation has done to democracy, agriculture, the ‘black economy’ and society.
In the 2017 Budget, the government has the opportunity to correct its misguided approach to spending and focus more on the social progress side of development.
Demands are growing in coastal Karnataka for the revival of kambala, the buffalo race which has feudalism stamped all over.
In a major setback to the opposition, the Supreme Court’s decision comes in response to a PIL that was concerned that the budget might skew election results
While the president’s office has been quick to clamp down on any unauthorised usage of images, the prime minister’s office has stonewalled RTIs while refusing to take remedial action against Reliance Jio or Paytm.
As the agrarian distress mounts in Punjab, political parties have failed to address the issue in their campaigns even as they trade blame.
Far from the UBI schemes proposed in advanced economies, in India it’s a question of whether the Centre can juggle its finances and find a better way of delivering welfare.
In conversation with BJD MP Jay Panda.
Despite the success of some Indian industries since the 1990s, we are now seeing a major productivity gap circumscribing the prospects of industrial growth.
Are banks expecting that some kind of restriction on cash withdrawals could become a more permanent feature of our system?
The RBI governor also stated that Rs 9.2 lakh crore has been introduced into the economy in the form of new notes since November 8.
The Shekatkar committee report represents a starting point and makes a valuable suggestion – non-combat organisations must be reviewed and restructured.
A shift away from cash reliance will come only when the urban middle class finds plastic money more convenient, not with forceful government intervention.
Using tax collection numbers as signifiers of robust economic activity may be highly optimistic.
The finance minister needs to begin to think of strategies to counter the negative impact of a tax war on business taxation.
After demonetisation, investors and those within the BJP intellectual community are confused: Will Modi take a socialist path or will he stick to being a market-friendly prime minister?
In a report titled ‘An economy for the 99%’, Oxfam said that the richest 1% of the world has owned more wealth than the rest of the planet put together since 2015.
The cut was “due to the temporary negative consumption shock induced by cash shortages and payment disruptions associated with the recent currency note withdrawal and exchange initiative”.
An informal survey of local shop owners and workers in the city’s Company Bagh and Lawrence road areas reveals most people’s ambivalence about the policy.
Proponents of demonetisation say it was required for market correction. However, given the magnitude of government interference involved, it is likely to disrupt markets rather than correct them.
The report, released by Oxfam said that the richest 1% of the world has owned more wealth than the rest of the planet put together since 2015.
With the Regional Comprehensive Economic Partnership agreement, China has an opportunity to be an agenda-setter and demonstrate leadership on global trade.
In a series of tweets, the economic affairs secretary warned that Amazon’s intolerance would come “at its own peril.”
Out of the 144 recorded farmer suicides, over 40 were from outside the Cauvery delta region. Observers and farmers directly attribute demonetisation as one major factor behind the suicides.
In an interview with The Wire, the former central banker talks on the infeasibility of executing demonetisation while raising concerns over re-starting the working capital cycle of small and medium businesses.
Demonetisation was meant to widen India’s tax base and increase our abysmally low tax-GDP ratio. The government could further this aim in more concrete ways through the Budget.
Objects of almost any shape or geometry can be produced by 3D printing. The technology could seriously disrupt not just manufacturing but related national plans for economic development.
The deal between the Gujarat state government and ONGC did not get the required approval from minority shareholders.
Partha and Rekha, who left their city jobs to become organic farmers, are now working to spread awareness on organic produce and make it accessible for all.
Rising non-performing assets and sluggish economic growth have led to a decline in corporate borrowing, inhibiting the anticipated lending bonanza to companies from banks after demonetisation.
Deputy governor R. Gandhi’s claims on the quantity of low-value notes pumped into circulation are false. The giant release of small change is just another attempt at spin.
To tackle black money that originates in the process of electing MPs and MLAs, the legal provision that freezes the number of Lok Sabha and state assembly states must be revisited.
Factoring in demonetisation, the World Bank lowered the growth rate of the country to 7%, recognising that many sectors have taken a hit.
While Arun Jaitley talks of increased tax collection, banks are battling historically-low credit growth and small and medium businesses are staring at drastically decreased revenues.