-The Indian Express The Aam Aadmi Party’s strategy is a good one for some immediate relief. However, it must initiate action on all the other measures now. Delhi has become the most air polluted city in the world. Urgent and effective actions are needed to bring the pollution level down. The cost to the health of Delhi citizens far exceeds any cost that some may have to bear to reduce it....
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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 »Is the economy sick? -Salman Anees Soz
-The Hindu The Modi government’s policy is choking domestic demand at a time when global demand is also weak. This is hardly a recipe for double-digit growth. The title seems provocative. After all, for the last several months, we have all heard that India is now the fastest growing large economy in the world. The Finance Minister keeps assuring us that the country’s economic revival is on a firm footing and that...
More »The jam in Delhi’s traffic experiment -Sriram Lakshman
-The Hindu A key to understanding the effect of driving restrictions on emission levels would be to analyse what substitutions citizens will make for private vehicle trips during restriction hours It will be an unusual start to the New Year for Delhi. The city will be subject to the much-discussed driving restrictions, according to which between 8 a.m. and 8 p.m. most private vehicle operators will only be able to take their...
More »Cess proceeds in a black hole
-The Hindu The National Democratic Alliance government has just introduced a cess of 0.5 per cent on all taxable services for the Swachh Bharat campaign. In February 2016, it will introduce a 2 per cent cess on airfares for all domestic flyers except those flying to remote locations, and international travellers. This cess is meant to fund losses that airlines may incur in connecting to hinterland locations. The Central government loves...
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