The suggestion of the RBI Internal Working Group that corporations should be allowed to own banks is a bad idea It is a bit difficult to understand why the Internal Working Group (IWG) of the Reserve Bank of India bats...
Prosenjit Datta1980s: The Overlooked Decade
While the 1990s is taken as the decade when economic reforms were initiated, the role of the policies of the 1980s need to be re examined In our post-Independence history, the 1980s is generally remembered for all the...
Going beyond Zoom for Education
Technology tools exist to improve the quality of school education. But most of the discussion on the subject has been quite superficial. For a very long time, politicians, bureaucrats, educationists and technology...
Fix 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...
No Succour For The Small Farmer
The asymmetrical equation between the powerful buyer and the much weaker seller does not change with the farm bills. Two of the three Farm Bills cleared Rajya Sabha on Sunday, September 20, 2020, under rather unpleasant...
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 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...