It is extremely heartening to have the economy growing at a relatively healthy pace
View More Need to triangulate GDP data with other indicatorsAuthor: AJIT RANADE
Budget will show spending restraint
The incoming Parliament will have the prerogative to examine and pass a more detailed budget presented by the new government
View More Budget will show spending restraintGovernment’s advance estimates
Expect a mild slowing down of the economy in the coming year
View More Government’s advance estimatesHeed the warning about the mounting debt burden
Much work is needed to increase India’s tax collection to GDP ratio which is currently around 17 percent of the GDP
View More Heed the warning about the mounting debt burdenSustaining Higher Growth Needs Consumer Spending Push
If you correct for inflation then consumer spending is rising only at around 3 percent, and this makes up 60 percent of GDP
View More Sustaining Higher Growth Needs Consumer Spending PushSustaining growth needs higher savings
It is a truism that reduction in poverty needs higher economic growth, which can create jobs and incomes. India’s per-capita income at 3000 dollars, or…
View More Sustaining growth needs higher savingsTales of Shackles on Agriculture
The central government announced that it will procure an additional two lakh tonnes of onions this year. This will take the buffer stock target this…
View More Tales of Shackles on AgricultureAdam Smith still relevant at 300
June marks the three hundredth birth anniversary of Adam Smith, the Scottish philosopher considered to be the father of modern economic thinking. His most famous…
View More Adam Smith still relevant at 300Celebrating India’s Constitution
Indians got freedom on 15 August 1947, and responsibility on 26 January 1950. Freedom and responsibility go together and are two sides of the same…
View More Celebrating India’s ConstitutionWhat is wrong and right with Public Sector Banks
The third week of July marks two anniversaries of events in 1969, one national and the other international. The latter was the first human landing…
View More What is wrong and right with Public Sector Banks