Keyword : Economic Survey

How to make in India

The prime minister’s pre-election exhortation or invitation, as the case may be, “Make in India”, made headlines then, and has remained in the news. The Economic Survey, tabled in

Delhi is a capital of contradictions: Highest per capita income & fall in taxes

The national capital is a cradle of contradictions. Consider these numbers and the paradox hits you squarely. Delhi registered an all-time high per capita income of Rs.2.41 lakh in 2014-15, an incr

Indian economy to grow over 7 percent: Economic Survey 2015-16

The Indian economy may grow in the range of 7 to 7.75 percent, acc

External debt in safe limits, export slowdown to continue

The economic survey 2015-16 shows that the prudent external debt policy of the government has resulted in external debt remaining within safe and comfortable limits and in containing its rise. Indi

Horticulture growth outpace food grain in India

The country has witnessed a massive growth in horticulture produce &ndash

Hunger, starvation still persist: Economic survey

“Though India’s GDP growth has been impressive and the

Addition of record power generation, focus on renewable energy development

In view of the sweeping changes made in the power sector in the la

Uneven distribution of subsidies, requires rectification of anomalies

Economic survey 2015-16 finds uneven distribution of Rs 100,000 crore s

How basic should basic income be?

Before one takes a call on whether or not India should go down the universal basic income (UBI) route, some myths about the UBI need to be addressed. A universal basic income is an unconditional, r

Universal Basic Income an alternative to state subsidies: Economic Survey

The Universal Basic Income as an alternative to the various social welfare schemes to reduce poverty was advocated in the

Post DeMo, GDP growth in 2017-18 projected at 6.75 to 7.5 percent

Finance minister Arun Jaitley on Tuesday said that post demonetisation, once

Labour migration in India increasing

New estimates of labour migration in India have revealed that inter-state labour mobility is significantly higher than previous estimates, said the

“J&K could be an experimental ground for UBI”

In the Jammu and Kashmir budget, you have announced a basic income for construction workers, and also mentioned the concept of universal basic income. What was your rationale behind it?

GST a bold new experiment in governance: Economic Survey

The Goods and Services Tax (GST) will create a common Indian market, improve tax compliance and governance, and boost investment and growth; it is also a bold new experiment in the governance of In

Universal Basic Income: The big idea takes tiny steps

Sarath Davala has a strong opinion about public welfare. “The public welfare regime in India,” he says, “is an exercise in futility.” Some $20 billion (or about Rs 1.3 trill

Free money? Seriously?

From Mahatma Gandhi’s Sabarmati Ashram to corporate talkshop Davos, it’s creating a buzz everywhere. If nothing is stronger than an idea whose time has come, then people in more and mor

“Basic income should have maximum inclusion”

SEWA Bharat had initiated a unique pilot project on cash-for-food (that is, cash replacing PDS goods) in Delhi some time ago. However, the basic income pilot project in Madhya Pradesh goes

Economic Survey quotes Governance Now

The direct benefits transfer (DBT) was supposed to be the original ‘game-changer’ – in the words of the then finance minister P Chidambaram when it was announced in late 2012. DBT

Universal Basic Income: The way forward

9.44 The irresistible force of even as powerful an idea as UBI will run into the immovable object of a resistant, pesky reality. So, what is the way forward, always remembering t

Universal Basic Income: The way forward

9.44 The irresistible force of even as powerful an idea as UBI will run into the immovable object of a resistant, pesky reality. So, what is the way forward, always remembering t

World’s biggest UBI experiment in Kenya

The biggest ever universal basic income exercise is taking place in Kenya, and if it works, it may be replicated in other parts of the world. India too is looking closely at UBI, with pilot project

World’s biggest UBI experiment in Kenya

The biggest ever universal basic income exercise is taking place in Kenya, and if it works, it may be replicated in other parts of the world. India too is looking closely at UBI, with pilot project

Minimum income schemes needed for job loss due to automation: Study

With the Indian IT and other industries facing daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a case for government –ind

Minimum income schemes needed for job loss due to automation: Study

With the Indian IT and other industries facing daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a case for government –ind

‘India has 7 taxpayers for every 1,000 voters’

The country is misallocating funds for the welfare of the poor; there has been an increase in the numbers of work-related migration; for every 1,000 voters’ there are only seven taxpayers &nd

CEA’s campaign against ‘poor standards’ finds some success

Chief economic advisor Arvind Subramanian’s campaign for some sense in country ratings has finally found some success. Global rating agency Moody`s Investors Service has downgraded China`s lo

How you can have the best seat in a dream course in economics

If you want to learn more about the Indian economy, you can’t get a better chance than this. Arvind Subramanian, the chief economic advisor to the government of India and otherwise a teache

The missing links

At its most basic level the union budget is a laundry list of the government’s projected receipts and expenditure – just like a typical household budget. But it is a document which all

A world free from nukes, making budget more meaningful and, role of CVC

UN recently adopted the first-ever treaty to ban nuclear weapons. The ten-page treat is encompassing in its prescriptions: it prohibits a full range of nuclear-weapon-related activities, such as

Immediate impact of demonetisation on tax collections was muted

The tax base did expand after demonetisation, said the Economic Survey 2016-17 volume 2, which added: “It is, however, interesting that the average income reported of the new taxpayers-Rs.

Real GDP growth to reach 6.75 percent this fiscal

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, said the Economic Survey 2017-18

GST: 50 percent increase in indirect taxpayers

A preliminary analysis of the Goods and Services Tax (GST) data reveals that there has been a 50 percent increase in the number of indirect taxpayers, besides a large increase in voluntary registra

Ten new facts on Indian economy, according to Economic Survey

Did you know that there has been a large increase in registered taxpayers, exports of readymade garments is on a high and the Indian society exhibits a strong son ‘meta’ preference? The

Indian stock market is different, says Economic Survey

Over the past two fiscal years, the Indian stock market has soared, outperforming many other major markets. Since end-December 2015, the S&P index has surged 45 percent, while the Sensex has su

What ails the latest Economic Survey?

The preface of the current Economic Survey concludes with the words of TS Eliot: “For last year’s words belong to last year’s language. And next year’s words await another v

Why not offer basic income to all?

Universal basic income (UBI) has been the buzz in policy circles since global downturn. Arvind Subramanian, former chief economic adviser to the finance ministry, championed the idea and devoted a



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