I have followed with a lot of interest and now amusement the hysterical debates on television and social media platforms after Mr Subhash Chandra Garg, former finance secretary, pointed out in a television debate that...
Category - Economy
Prosenjit Datta
Trump’s Tariff’s are not another 1991 moment for India
As US President Donald Trump’s Liberty Day tariff is introduced, several economic commentators have begun saying this is an opportunity for India, not unlike the 1991 balance-of-payments crisis it faced, which led to...
Abhijit Sen Passes Away
Dr Abhijit Sen, renowned economist, former member of the Planning Commission, and the strongest votary of universal Public Distribution System passed away on Monday, 29 August 2022. He was 72. A renowned agricultural...
The Prosaicview Podcast on IBC
In this episode of The Prosaicview Podcast, Veena Sivaramakrishnan, partner, Shardul Amarchand Mangaldas and an expert on the insolvency law talks to Prosenjit Datta about the changes that have been proposed as well as...
Vodafone-Idea Case: Don’t Miss the Woods for the Trees
The troubles at Vi are huge. But they are actually just a symptom of the mess in the telecom industry which needs to be fixed. Vi – the Indian telecom giant formed by the merger of Vodafone India and the AV Birla...
PSUs: The Right Questions and the Wrong Ones
The two most important questions are almost never asked when the decision to disinvest or privatise a PSU is taken Whenever any government in India announces its intention to privatise or otherwise dispose off any...
Why Petrol and Diesel Prices aren’t coming down
The government’s dependence on fuel tax revenues has grown as its other tax calculations have gone awry Despite the heat generated over petrol and diesel prices, the union government has been unwilling to reduce...
Low Savings, Rising Debt
The Reserve Bank of India’s latest statistics of household savings and debt paint a dismal picture How badly has Covid 19 hit Indian household finances? The Reserve Bank of India’s (RBI’s) household savings and...
The Bad and the Good of too much currency in circulation
The currency in circulation has risen exponentially. What are the implications? The total currency in circulation in India is rising inexorably. By the end of the first week of May 2021, it had crossed Rs 29 lakh crore...
Don’t Let Their Deaths Go in Vain
Every death is a tragedy. But lessons learnt from each death can help protect others. More than one thousand doctors have died in India due of Covid, according to the Indian Medical Association (IMA) – over 244 in the...
