-The Indian Express Agriculture needs a champion in the Union cabinet. July, this year, marks the silver jubilee of economic reforms. It is time to take stock of our major successes and failures. There is a saying that bad times are often good for policies and good times are bad for policies. It is well-known that the foreign exchange crisis, with reserves falling to as low as $1.5 billion, triggered fundamental changes...
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From plate to plough: Catching the Sun -Ashok Gulati & Stuti Manchanda
-The Indian Express Political will and public participation will need to come together for India to become a leader in solar power on a global scale Prime Minister Narendra Modi is making major strides in energising India through solar power. During the UN conference on climate change held in Paris in 2015, PM Modi and the French President Francois Hollande launched the International Solar Alliance, to be headquartered in India. The...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »Forty coal importers under the DRI scanner for over-invoicing
-The Hindu Business Line Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed NEW DELHI: The Finance Ministry and the Directorate of Revenue Intelligence (DRI) are said to have stepped up investigations into the alleged over-invoicing of coal imports by 40 companies — both in the public and private sector — to the tune of Rs. 35,000 crore. “It is an issue that has been going on for the...
More »Rooftop solar has a bright future -Amit Kumar
-The Hindu Business Line India’s ambitious targets can be met without compromising the financials of discoms, as is feared India’s goal of having 100 GW of solar power by 2022 has already generated a lot of interest, and scepticism. But it’s even more far-reaching part pertains to the fact that 40 GW out of this is going to be based on distributed energy generation, namely solar rooftop systems. These solar rooftop systems could...
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