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Fiscal deficit at 3%: A sensible target despite questions about its origin
The number wasn't imported from the Maastricht Treaty, but is a synthesis of the experiences of various countries within and outside the accord
Ashok K Lahiri: Lessons from Odisha
Odisha started its economic transformation late, but is catching up fast with the national trend
Ashok K Lahiri: Demonetisation and the cash shortage
The liquidity crunch may extend far beyond the calendar year. A quick way to remonetise would be to import currency notes
Ashok K Lahiri: A GST that is less than perfect
Initiating reforms that are work in progress is fairly common among countries, including India. Remember CENVAT?