prosaicview

Category - Economy

1980s: 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...

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...

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...

The Policy Problem in Manufacturing

India cannot become a manufacturing hub unless the union and state governments are on the same page. That is a difficult task but not impossible Elected leaders, in general, decide on policies with short term profit in...