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With a huge informal economy, government should increase spending, not worry about deficit -Maitreesh Ghatak

-The Indian Express To get the engine of the economy revving, an expansionary fiscal policy that harnesses the energy of the informal sector to boost aggregate demand is the order of the day. That India is in the midst of a serious economic slowdown is no longer in question. The debates are now mostly about what to do about it: Whether to opt for a fiscal expansion to boost demand or to...

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Budgeting for jobs, skilling and economic revival -Ram Singh

-The Hindu The Budget needs to provide direction to India’s tottering economy and a boost to aggregate demand and investment The forthcoming Union Budget will determine whether India’s economic engine gets the steam needed for a rebound, or the current economic situation becomes even worse. Not just the future of the economy, the future of the country’s youth depends on the Budget. The unemployment rate at 6.1% (Financial Year 2017-2018) is the highest...

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Agriculture reforms:: a mantra for equitable growth -Ajay S Shriram

-The Indian Express There are many things that the government can do to improve ease of doing business for kisan and industry. The budget season is upon us, with a flurry of submissions being made to the finance minister from all quarters. The budget itself could result in a fine-tuning of tax rates and allocation adjustments against various expenditure heads/ministries. There are implications from these for all sectors. And no less...

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India drops 10 places in Democracy Index in 'tumultuous year' for Asia -Rezaul H Laskar

-Hindustan Times The Democracy Index referred to the changes in Jammu and Kashmir and the controversial implementation of the (NRC) in Assam. India dropped 10 places in the Democracy Index’s global ranking to 51st place, with the survey describing the erosion of civil liberties in the country as the primary cause of the democratic regression. The Democracy Index - prepared by Economist Intelligence Unit, the research and analysis division of The Economist Group...

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Bengaluru Police demolishes makeshift houses of migrants as CAA-NRC debate rages on -Nolan Pinto

-IndiaToday.in According to sources, a police notice was sent to the owner of the site on January 11. The notice stated that in survey no. 35/2 in Kariyammana Agrahara near Bellandur Lake, there were illegal sheds and possible Bangladeshis present. Bengaluru: Lalitha hails from Raichur and Karanna from Koppal in Karnataka. They stand in front of us showing their Aadhaar Cards demanding to know why their makeshift homes have been demolished by...

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