With mounting debts and dwindling market share, the need for a decisive government strategy is urgent
The reason for the difference in the two governments' legislative intent is the reduced strength of the BJP in Parliament after the general elections of 2024
Statement 27-A, a voluntary disclosure of state-owned entities' borrowings, introduced in the Budget for 2024-25, enhances fiscal transparency and signals prudent fiscal management
Annual government spending has shot up. Fiscal deficit concerns remain. Between the Centre and states, sometimes one has scored over the other. An overview of government finances since 1975
Mothballing the lateral-entry scheme and launching the modified pension plan show how governance style can make a difference
The short poem, running into just about 100 pages, has been translated with a lot of care and sensitivity keeping in mind what should make the poem more accessible to the readers
Political calculations may have slowed privatisation, but economic policies to improve the public sector's performance brook no delay
T V Somanathan, soon to become Cabinet secretary, has acquired the reputation of being a civil servant who could work with leaders of different political parties with equal ease and effectiveness
As for the long-term vision of the Budget, there are some reassuring messages from the finance minister
With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options
Avoiding policy flaws more important than fulfilling India Inc's Budget wish list
Arvind Panagariya's book offers a rich and fascinating analysis of how protectionism has harmed the country's trade and economy
The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense
The problems of the rural job scheme should be tackled through stricter monitoring, not by burden-sharing
As worrying as the recent decline in gross foreign direct investment is the increasing pace of disinvestment
The former RBI governor's second book is a delightful read, filled with riveting anecdotes that shed light on the doubts and dilemmas faced by a civil servant with a clear sense of right and wrong
The BJP's election manifesto raises many economic-policy issues requiring a more holistic approach
Busy civil servants preparing a five-year plan for the next government raises questions about convention
In his latest book, N Bhaskara Rao provides a prescription to rejuvenate the social research landscape and stem the decline in its standards - something India can ignore only at its own peril