-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...
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Track these job destruction numbers -Barkha Deva
-The Hindu Surveys conducted by activists estimate that there are over 1.2 million manual scavengers in India As numbers become data and move from being just a random rearrangement of 0-9, they speak volumes about peoples, nations, and their objectives. They form the basis of government policies, and have the intrinsic potential to change lives, correct historical wrongs and national trajectories. The last election results, we were told, were a message from ‘Aspirational...
More »Open sesame
-The Hindu Business Line A national platform for agri-produce can be a game-changer. But persuading States is key Most political regimes in India brand themselves as pro-farmer, and so it is ironic that the country’s market for agricultural produce is among its least liberalised. Given the perishable nature of agri-produce, the farmer is already up against structural constraints such as lack of scale economies and the rudimentary state of storage and logistics...
More »Punjab opens its heart - and purse - to farmers -Sanjeeb Mukherjee & Archis Mohan
-Business Standard Instead of addressing systemic problems in agriculture, farm politics in the state is about how much money the government can offer the farmer as a dole The Shiromani Akali Dal (SAD), led by Parkash Singh Badal and son Sukhbir, was in a dilemma a year before the 2012 Assembly elections in Punjab. The Akalis had ruled Punjab since 2007 but no party had ever returned to power for a second...
More »Budget 2016: Behind the Symbolism
-Economic and Political Weekly The Modi government tries hard to signal a makeover but beyond the symbolic it does not change much. Budget 2016 is not important for the proposals that it has made but for what it tries to signal about the proposed makeover, in a limited way, of the Narendra Modi government. The budget does try hard to claim that the Modi government is not a “suit-boot” administration, an image...
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