Clipped from: https://www.thehindu.com/opinion/op-ed/should-the-government-loosen-its-purse-strings/article38299823.ece As inflation is driven by supply-side factors, tax policy can be used to cushion its impact With the Union Budget 10 days away,
Category: Economy
Across the Aisle by P Chidambaram: No political price yet – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/across-the-aisle-by-p-chidambaram-no-political-price-yet/2413392/ Mr Narendra Modi is eager to enter into politico-defence multilateral pacts (GSOMIA, COMCASA, QUAD, the Second QUAD, RELOS), he is averse to trade
Don’t sacrifice economic growth at the altar of fiscal consolidation, say top economists – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/dont-sacrifice-economic-growth-at-the-altar-of-fiscal-consolidation-say-top-economists/article64928160.ece Need for govt to push capex given the uneven economic recovery With the economy seeing an “uneven recovery” from pandemic, the Central government
A Budget for consolidation? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/a-budget-for-consolidation/article64928329.ece There is little room for any kind of largesse, and sector-specific demands are unlikely to be part of the Budget as there would
Investment deficit | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/investment-deficit-122012001749_1.html Govt should not hold back capital expenditure The Ministry of Finance has asked other departments and ministries to restrict their expenses within the
What is Fiscal Deficit? | Business Standard News
Clipped from: https://www.business-standard.com/podcast/finance/what-is-fiscal-deficit-122012000074_1.html Equity markets will have a reason to cheer if the government reins in its fiscal deficit target at 6.25% of gross domestic product,
RBI holds repo auction as GST outflow tightens liquidity – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/money-and-banking/rbi-holds-repo-auction-as-gst-outflow-tightens-liquidity/article64927410.ece Conducts one-day variable rate repo auction for ₹50,000 crore to cool overnight call money market rates In a bid to rebalance liquidity in
Has India lost its demographic sweet spot? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/has-india-lost-its-demographic-sweet-spot/article64926406.ece In the developed world this caused economic growth to fall. India needs to act now to avoid a similar fate Acclaimed author and
Modi govt must spend as much as possible to support those at lower end of pyramid – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/modi-govt-must-spend-as-much-as-possible-to-support-those-at-lower-end-of-pyramid/2409912/ Employment-generating schemes must be given some priority, need more taxes on the well-off More taxes on the rich, especially the corporate sector, could
Towards fuller capital convertibility – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/towards-fuller-capital-convertibility/2409931/ The path to full convertibility will not be linear and India looks set to continue moving gradually The process of capital account convertibility
Inflation conundrum – The Hindu
Clipped from: https://www.thehindu.com/opinion/editorial/inflation-conundrum/article38288505.ece High price rise trends could continue in 2022, compounding the challenge for policy makers While North Block mandarins seek to conjure up policy
india unemployment: India has 53 million unemployed people as of Dec 2021: CMIE – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/india-has-53-million-unemployed-people-as-of-dec-2021-cmie/articleshow/89016043.cmsSynopsis Of these, 35 million are the unemployed who are actively seeking work while 17 million are those who, though willing to work, are
Budget 2022: Why FM should continue to focus on growth and unleash optimism – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/budget-2022-why-fm-should-continue-to-focus-on-growth-and-unleash-optimism/articleshow/89003511.cmsSynopsis India needs the economy to grow at a sustained rate of 8-9% over a decade, and more to catapult us to a middle-income
Globalisation: Slowing down or mutating? – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/opinion/globalisation-slowing-down-or-mutating/article64910221.ece The experience of two decades of hyper-globalisation hasn’t been gratifying. The forces that drove and halted earlier waves of globalisation are now changing
Informal sector has taken a big hit, says Gopal Krishna Agarwal, BJP’s Economic Affairs Spokesperson – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/informal-sector-has-taken-a-big-hit-demand-needs-a-boost-and-the-fiscal-consolidation-path-should-not-be-very-steep/article64910460.ece Says its recovery is the govt’s prime concern, also speaks on steps needed to be taken to boost demand Guiding the contours of
US yield surge keeps indices in the red; Sensex falls 656 points | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/us-yield-surge-keeps-indices-in-the-red-sensex-falls-656-points-122012000008_1.html Costlier oil also weighing on sentiment; analysts see no let-off in volatility The benchmark indices on Wednesday declined about 1 per cent for
Precarious employment | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/precarious-employment-122011801680_1.html Omicron has increased livelihood concerns Concerns have begun to grow about the impact of the current wave of the pandemic on livelihoods in
Former RBI Governor Raghuram Rajan’s 8 cues for Budget 2022 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/former-rbi-governor-raghuram-rajans-8-cues-for-budget-2022/articleshow/88992462.cms?utm_source=ETTopNews&utm_medium=HPTN&utm_campaign=AL1&utm_content=23Synopsis There is a need to shun incremental moves and look at new areas like telemedicine, tele lawyering, edutech, Rajan said. According to him,
MSMEs largely outside the ambit of PLI scheme, many small businesses left out of ECLGS. Can Budget 2022 do a course correction? – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/sme-sector/msmes-largely-outside-the-ambit-of-pli-scheme-many-small-businesses-left-out-of-eclgs-can-budget-2022-do-a-course-correction/articleshow/88986888.cmsSynopsis Faced with lingering Covid blues, the MSME sector wants the FM to reduce compliances, address rigid banking norms and announce a PLI-like scheme
Globalisation: Slowing down or mutating? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/globalisation-slowing-down-or-mutating/article64910221.ece The experience of two decades of hyper-globalisation hasn’t been gratifying. The forces that drove and halted earlier waves of globalisation are now changing