-The Asian Age As one listened to finance minister Arun Jaitley deliver his third Budget speech, the overwhelming impression that was sought to be created was along anticipated lines. Here was a government whose heart was bleeding for the hapless farmer toiling in the fields, the agriculturist whose livelihood has been all but destroyed by two successive monsoon failures. Here was an administration whose representatives were concerned about the “curse of...
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States demand more money from Centre ahead of Budget
-Business Standard We should work in unison to boost growth: FM Even as the Centre harped on devolving higher share of funds to states following the recommendations of the 14th finance commission, the latter demanded that they be given more money and the Union government should retain its share of funding for centrally-sponsored schemes in the upcoming Budget. At the pre-Budget meeting with Finance Minister Arun Jaitley on Saturday, states also sought more...
More »Arvind Subramanian, Chief economic advisor, speaks to Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana
-Business Standard Chief economic advisor Arvind Subramanian discusses the Budget, goods and services tax, Centre-state relationship and larger issues facing the economy with Dilasha Seth, Arup Roychoudhury and Indivjal Dhasmana. Edited excerpts: * In the mid-year economic analysis, you talked of revisiting the fiscal numbers for 2016-17. Is it a view of the chief economic advisor (CEA) or that of the government? I see my role as a member of the government. I...
More »An odd policy -Dinesh Mohan
-The Indian Express The odd-even car proposal is being enforced in Delhi without any evidence or cost-benefit analysis Mahatma Gandhi had said, “Action in the absence of knowledge can be dangerous and worse than no action at all”. This sage advice is ignored by most Indians. In the face of a serious pollution problem prevalent in most Indian cities, especially the smaller towns, we pretend that it is only the people...
More »Get smart on diesel cars
-The Hindu The National Green Tribunal’s decision to bar the registration of new and old diesel vehicles in Delhi till its next hearing on January 6 comes as a blow — though a temporary one for now — to passenger vehicle manufacturers. Automobile-makers have, in recent years, been building (from scratch, in a few cases) and scaling up their production capacities for diesel cars, driven by the surge in demand for...
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