-The Indian Express The economy is on a downward spiral, is poised for a hard landing. Many in the BJP know it but do not say it out of fear I shall be failing in my national duty if I did not speak up even now against the mess the finance minister has made of the economy. I am also convinced that what I am going to say reflects the sentiments...
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Narendra Modi gets a stellar economic advisory panel but will he listen to it in an election year? -Seetha
-Firstpost.com So, Prime Minister Narendra Modi has got his three wise men and one wise woman to advise him on managing the economy. The Prime Minister’s Economic Advisory Council (PMEAC) has been revived with Bibek Debroy as chairman and Surjit Bhalla, Rathin Roy and Ashima Goyal as members. Ratan Watal, a career bureaucrat, will be member secretary. No one can deny that it’s a great team with impeccable credentials, both as economists...
More »Making the most of the new industrial policy -Janak Nabar
-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...
More »No tax refund, no working capital: How GST is hurting Indian exporters -Mayank Jain
-Scroll.in Exporters claim that delays in refunds under the new tax code has tied up a substantial amount of their money, thus harming their businesses. Delays in processing tax refunds under the new Goods and Services Tax regime has locked up the funds of exporters, hurting their businesses and affecting their ability to be competitive in international markets. On September 19, a delegation of exporters met Revenue Secretary Hasmukh Adhia, who is...
More »Forget fast growth, India is barely holding on. Just look at the data -Chaitanya Kalbag
-The Economic Times Those of us in our sixties, including our prime minister, will remember the goli soda. You used a little wooden gizmo to push in a marble stuck in the mouth of a bottle and guzzled the sweet, fizzy drink with the marble dancing around inside. Then you felt full and happy. But it was mostly gas. It’s feeling a lot like that these days, and PM Narendra Modi must...
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