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
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
The Indian economy may grow in the range of 7 to 7.75 percent, acc
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
The country has witnessed a massive growth in horticulture produce &ndash
“Though India’s GDP growth has been impressive and the
In view of the sweeping changes made in the power sector in the la
Economic survey 2015-16 finds uneven distribution of Rs 100,000 crore s
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
The Universal Basic Income as an alternative to the various social welfare schemes to reduce poverty was advocated in the
Finance minister Arun Jaitley on Tuesday said that post demonetisation, once
New estimates of labour migration in India have revealed that inter-state labour mobility is significantly higher than previous estimates, said the
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?
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
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
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
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
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
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
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
For more than three-fourths of known economic history, India has been the dominant financial power globally. During much of this dominance, the economy relied on the invisible hand of the market fo
The Economic Survey, tabled in parliament Friday by minister for finance and corporate affairs Nirmala Sitharaman, devotes a section on what it calls Thalinomics – an attempt to quantify what
The Indian economy is estimated to grow by 9.2 percent in real terms in 2021-22 (as per first advanced estimates) subsequent to a contraction of 7.3 percent in 2020-21. Next year, GDP is projected
As the Indian concept of welfare transforms into empowerment, India is transitioning from women’s development to women-led development, highlights the Economic Survey 2023-2024.
India’s real GDP is projected to grow 6.5–7 per cent in 2024-25. The Indian economy recovered swiftly from the pandemic, with its real GDP in FY24 being 20 per cent higher than the pre-
