prosaicview

Tag - Economy

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...

Hobson’s Choice

The state of the government’s finances leaves no real option but to go for second generation reforms The daily rise in fuel prices makes the government seem both clueless and callous when crude oil is at a record low...

Liquor is Quicker

Candy may be dandy but alcohol gives immediate revenues to state governments – and that is why they want liquor retailing to be allowed now When the national lockdown was announced, the union government left...

An Exploding Humanitarian Crisis

The 40-day lockdown may well flatten the curve. But for the poor and the ailing, the treatment prescribed may be worse than the disease. Twenty-seven days into the national lockdown, it is apparent that the union...

Wasting a Lockdown

The first 21 days have been frittered away by the Union government. The remaining period should be utilised properly. Whether India should have imposed a national lockdown when relatively few cases of Coronavirus had...