Posts and Op-Eds

Budget 2023: Will boost short term growth; short on long term vision

There is no other policy announcement in India, and maybe even globally, from which so much is expected other than the annual budget...

Freebies

An important ongoing public debate in India right now is about providing “freebies.” Initiated by the Prime Minister, several political...

Budget 2022 - Needed a balancing act

The 2022 budget needed to do a balancing act. While the economy is back on the growth path, it has been uneven. The aggregate GDP number...

Can manufacturing be the messiah?

The spate of downgrades for India’s projected growth rate continues, the latest being IMF that reduced India’s expected growth in 2021-22...

Why India is losing its grip over Covid

India is in the firm grip of the second wave of COVID-19. A pall of gloom has descended across the nation. Daily infections are at a...

Question of Existence: Liquidity, Solvency and Policy response for MSMEs

That the Indian economy is in bad shape was known, the extent was revealed by the announcement that Indian GDP contracted by 23.9% in Q1...

Lives and Livelihood: An Exit Strategy from Lockdown for India

India has been one of the countries to start a nationwide lockdown at a very early stage of the spread of COVID - 19 in the country....

Fuelling Economic Growth

Published in the Business Today While not quite an article, but my views on the Government of India Budget 2020 are part of the anchor...

Economic Downturn in India: Need for Clarity in Policymaking

Published in The Economic Times Emerging market business cycles differ from business cycles in developed countries in one significant way...

Economic Downturn, Policy Making and Recovery in India

Published in the Economic Times In the last two decades, we have made some progress in understanding business cycles, both in emerging as...

GST and the differential effects across states

Published in The Economic Times India made the biggest tax system reform in its history when it transitioned to the goods and service tax...

NPAs and Bad Debt in Indian Banks

Published in The Indian Economist. One economics and business related news that has shocked the nation in recent times is that of the...