During the last one year, India seems to have lost the race in becoming the world leader in terms of development, prosperity and growth thanks to the recession brought about by the Covid-19 pandemic. The total number of poor people in the country has swelled and the middle class has shrunk in 2020 in comparison to what was anticipated earlier. A new study by the United States based think tank Pew...
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Dismantling the labyrinth: What I learnt about power and privilege when I quit Ashoka in 2016 -Rajendran Narayanan
-Scroll.in To truly create sanctuaries of learning and questioning, the right to be heard impartially must be universal. Pratap Bhanu Mehta’s resignation from Ashoka University has been met with widespread condemnation from various academics. Rightly so. He is one of the foremost scholars and an articulate commentator on the Indian Constitution and politics. His resignation triggered the resignation of the renowned economist, Arvind Subramanain, who was India’s Chief Economic Advisor between 2014...
More »India’s true self-reliant entrepreneurs -Maitreesh Ghatak and Mukulika Banerjee
-Hindustan Times The lockdown showed how migrant workers, let down by the State, community and market, are the nation’s most valuable resource Atmanirbharata is India’s new economic policy. Nirbharata means reliance, and atma means the self. The Atmanirbhar Bharat Abhiyan, announced by Prime Minister (PM) Narendra Modi, following the lockdown announced on March 24, 2020, calls for India’s economic mission to be based on self-reliance. Recently, the PM extolled the virtues of...
More »Tax exemptions and incentives for the corporate sector continue despite reduction in corporate tax rates
Quite often it is argued by mainstream economists that a sizeable chunk of the Union Budget every year is wasted because the Government spends that on food and fertiliser subsidies. The burgeoning size of these two subsidies relative to the entire budget as well as the gross domestic product (GDP) is often used to build the argument that economic as well as environmental sustainability of the country is at stake...
More »Two days after PB Mehta’s exit, economist Arvind Subramanian resigns from Ashoka University -Ritika Chopra
-The Indian Express Arvind Subramanian cited the circumstances involving Pratap Bhanu Mehta's exit and the fact Ashoka University can no longer provide space for academic expression and freedom. Noted economist Arvind Subramanian has resigned as professor from Ashoka University, citing the circumstances involving Pratap Bhanu Mehta’s exit and the fact Ashoka, even with its private status and private capital, can no longer provide space for academic expression and freedom. Subramanian had joined Ashoka...
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