AI will achieve its potential only when quantum computing becomes practical. Despite the buzz about the progress and applications of artificial intelligence (AI), most serious technology researchers will tell you that...
Prosenjit DattaFix the GST
The tax requires a complete overhaul – and both the Centre and the states need to work together and make some concessions. The Central Government’s decision to borrow Rs 1.1 lakh crore and then pass it on to states to...
Reach out to the states
The Union Government can hope to revive the economy and implement its reforms if it mends its relationship with the states The extent of the economic mess India finds itself in is hardly a secret. The most stringent...
GDP Estimates & Three Questions about the Economy
Is the worst over? What do the sector wise indicators of the GDP estimates show? What can the government do now? The first estimate of GDP for the first quarter (April-June) of FY20-21 showing a contraction of 23.9%...
The Long Road to Economic Recovery
The government needs to tackle a demand- as well as supply-shock now. And then it will have to deal with a financial sector on the verge of collapse. The government is slated to release the GDP figures for the first...
The GST collections brouhaha
The spat between the union government and the states is obscuring the real questions – what are the implications of the shortfall on the stimulus measures and how will Corona affect projections for the future. Disputes...
The dilemma of central banks
Central banks around the world are being pressured by their governments to ignore inflation and focus on growth and jobs. But can monetary policy help in the latter goals? Reserve Bank of India (RBI) governor...
English vs Mother Tongue
The proposal to teach only in mother tongue or regional language till Class 5 ignores the problems on the ground The Union Cabinet has cleared the New Education Policy (NEP) and while it talks of a number of reforms...