-The Hindu Countering the idea of Hindu nationalism will require much more than smart electioneering or tactical plays  State elections should never be confused with sporting nomenclature of ‘semi-final’, but in all significant State elections, it is imperative that we draw clear lessons. What must leave the Bharatiya Janata Party (BJP) chuffed is that the elections from disparate States around India have resulted in its bettering its performance — and by a...

-Business Standard Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, writes T N Ninan Crises in the Indian Economy used to be the “normal”. In the 12 years from 1962 to 1974, India fought three wars, suffered four droughts that produced famine in places like Bihar, and lived through the first oil shock, which saw a quadrupling of crude oil prices. The...

-ThePrint.in GST was supposed to create a unified market. The opposite is happening with small businesses being harassed with invoice and payments. The introduction of the Goods and Services Tax or GST was supposed to create a unified market of 1.4 billion people and encourage entrepreneurship and job creation. The other aim was to bring more and more firms into the formal sector of India’s Economy, which will help expand the tax...

-CBGA Blog India presented its latest Union Budget (for FY 2022 -23) in early February amid much hope, as the country is still reeling from the aftermath of Covid-19 pandemic, which has lasted for two years. To deal with the pandemic induced socio-economic crisis, countries across the world  have been announcing policy measures outside of their annual budgets. The Indian government, too, made many such announcements, but given the scale of the...

-TheWeek.in Well-off are doing fine; stagflation confined to middle and lower-middle classes Kaushik Basu, former chief economic adviser to the government and former chief economist of the World Bank, is currently teaching at Cornell University in the US. In an exclusive interaction, he talks about the current challenges before the Indian Economy and its future growth prospects. Excerpts: Q/ Is the Indian Economy moving in the right direction? A/ The performance of the Indian...