What can Sitharaman do to present a Big-Bang Budget? Here is a six-point solution: 1. Forget fiscal consolidation for the time being To start with
Month: January 2020
Country could be passing through recession: Abhijit Banerjee – The Economic Times
KOLKATA: Nobel laureate and economist Abhijit Banerjee on Monday said the country could be passing through a phase of recession, and there is “nothing in
Piyush Goyal asks traders to promote swadeshi by selling, consuming local goods – The Financial Express
Commerce and Industry Minister Piyush Goyal on Monday asked the traders to promote swadeshi by selling and consuming local products, saying it will help in
Your company’s GST refund might be blocked; operations may be investigated – The Financial Express
More than 2,000 companies are under the Income Tax Department scanner for reporting inaccurate GST returns. Prime Minister Narendra Modi’s Sabka Vikas Yojana is received
NCLT extends immunity to new board-appointed members at IL&FS firms | Business Standard News
This immunity will now be applicable to all directors and nominees appointed by the new board In a development that could help the IL&FS group,
Gifts from abroad facing Centre’s ire | Business Standard Column
In a baffling move, the central government has, in a clumsy and strange manner, removed the duty exemption up to Rs 5,000 given hitherto on
‘SMEs must brand themselves, build presence on Net to attract top talent’ – The Hindu BusinessLine
While jobs are aplenty, small and medium businesses often say they are unable to attract the top talent. And the job seeker, according to educational
Unease of doing business with China – The Hindu BusinessLine
A valuable book explains how Indian industry and the foreign office have not seized opportunities In business relations at least, India has submitted to the
Does Amazon do more harm than good? | Deccan Herald
Amid CEO Jeff Bezos’s recent visit to India, Amazon’s India website displayed a full-page letter highlighting how Amazon was committed to its small and medium
Banking sector is stressed, govt in no position to bail it out: Abhijit Banerjee – The Economic Times
Answering to a question – how will economic policies work if people have a lack of trust in the data, he said the government “should
Backlog in judicial system–An Innocuous Draft Blurs a Vital Line–Economic Times
The Supreme Court’s proactive effort to unclog the judicial system is commendable. The apex court has identified giving legal sanctity to disputes settled through mediation
What can macro policy do? | Business Standard Column
We are in a business cycle downturn and in a decline of trend growth. The tools of macro policy can address the business cycle, but
GST arrest provisions: Need for an urgent review | Business Standard Column
In case of cognizable offences (magistrate’s warrant not required) under central excise and service tax laws, competent officers were empowered to cause arrest, while in
Unitech takeover: Despite IBC and RERA, homebuyers find no relief | Business Standard Column
The recent Supreme Court judgment allowing the Centre to take over the management of the beleaguered real estate firm Unitech has once again put the
P Chidambaram on Budget 2020, Indian economy–Indian Express
Another year has started, another Budget is round the corner, and another fateful year for the Indian economy. Since 2016-17, every year has brought surprises
Budget 2020: Bold fiscal measures needed to boost real estate sector–Business Today
Budget 2020: There is an urgent need to address the challenge of liquidity faced by the real estate sector, especially after the NBFC crisis Given
Budget 2020: Want to fix the slowing economy? FM Nirmala Sitharaman should begin with agriculture–Business Today
Budget 2020: The government has outlined its intention to make India a $5 trillion sized-economy and for achieving this target, growth of agriculture sector is
FM Nirmala Sitharaman must use budget speech to signal moves that place economy on firmer foundation | Deccan Herald
In June 1991, the Indian economy was teetering on the brink of a precipice. Albeit reluctantly, the P.V. Narasimha Rao government responded by freeing up
Economic slowdown: 2012-13, 2013-14 slowdowns were a lot worse than the present one: Arvind Panagariya – The Economic Times
Arvind Panagariya, Former VC, Niti Aayog, says in FY20-21, we should get to above 6% growth rate and then we could jump back to about
Fiscal Deficit | India Budget: Go for growth! It’s time to stop obsessing over fiscal deficit and deliver growth–Economic Times
Any attempt to cut back on govt expenditure in the false belief that we must somehow stick to an arbitrarily-determined number of three percent for