-The Telegraph Radhakamal Mukerjee: an ecological pioneer In 1922, a professor at Lucknow University named Radhakamal Mukerjee published a book called Principles of Comparative Economics. reading the book one hundred years later, I was struck by the attention it paid to the impact of the natural environment on the social and economic life of Indian villages. Mukerjee was perhaps the first Indian scholar to recognise the vital importance of common property resources...
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What’s ‘stopping’ India Inc from investing in India? -Vivek Kaul
-Newslaundry.com The finance minister asked a valid question. Here’s the answer. Last Tuesday, finance minister Nirmala Sitharaman asked India’s corporate honchos why they were not investing in the Indian economy. “I want to hear from India Inc,” she said, “what’s stopping you when countries and industries abroad think this is the place to be.” This is a valid question. In this piece, we will try and piece together why India Inc, as corporate India...
More »Has inflation peaked? -Lokeshwarri SK
-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...
More »Retail inflation softens to 6.71% in July, lowest since March; here's what economists say
-BusinessToday.in The July retail inflation level is in consonance with the projection and expectations of economists. India’s retail inflation moderated to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in the month of June. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July,...
More »What CAG's Nitpicking Over Kerala Worker Cess Says About the Problems With Purpose-Specific Taxes -Himanshu Upadhyaya
-TheWire.in Why should the money collected through purpose-specific cesses be funneled into a state's consolidated fund? On July 20, 2022, the Comptroller and Auditor General of India (CAG)’s report on Kerala’s finances for the fiscal year 2020-21 was tabled in the state assembly. Amongst several other observations, this report has noted how funds being kept outside the ‘Consolidated Fund’ of the state. The context here is the manner in which Kerala treats cess...
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