Finance Minister Nirmala Sitharaman’s big bang September 20 announcement on tax cuts has divided analysts on its efficacy in spurring growth. Former Chief Economic Advisor Shankar Acharya says these seemingly generous cuts will have a marginal impact in the short run but could have a significant impact in the medium term if the government were to undertake meaningful reform measures, such as labour, land and tax policies and improving the climate for ease of doing business. Read it here. Other views consider Adani’s airport plans, the intrusion of investigative agencies in lawyer-client relationships, renewable energy and the role of state pollution boards. Kanika Datta sums them up.
The Adani group may end up doing to the airport infrastructure business what R
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