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A K Bhattacharya is editorial director, Business Standard.
A K Bhattacharya is editorial director, Business Standard.
In the last many years, Mr Debroy has translated several Hindu epics into simple English prose, even though they were originally written in narrative couplets
The Modi govt has outdone the Manmohan Singh regime in ramping up infrastructure outlay for state-controlled units
India's fiscal challenge can get worse if states spend more even with lower revenue growth
It is time the Modi govt convened a meeting of the Inter-State Council
The author has perfected the delicate art of combining storytelling and autobiography with the larger canvas of policy-making
Redefining Make in India and the public sector policy are signs of a new approach to reforms
Without a collaborative arrangement between the Centre and the states, fresh reforms in many areas would become more contentious
Worries about vacant positions and their impact on tax collection may be misplaced in a world of technological disruptions
New responsibilities for the finance minister and the home minister indicate the government's focus on privatisation and cooperatives
Data limitations should not be an escape clause for not honouring obligations under the inflation targeting regime
Indirect taxes are now higher than direct taxes. But cutting indirect tax rates to address this will amount to barking up the wrong tree
The amount of money that remained outstanding after 45-to-60 days of grace period given to the distribution companies fell to about Rs 67,300 crore, over 20 per cent lower than what it was a month ago
Provisional actuals of the Budget for 2020-21 have once again varied sharply from the revised estimates. The variation provides fiscal cushion, but also raises several questions
Concern over a falling share of corporation tax revenue may get worse
Were the election results a victory for national parties or the regional ones?
E-commerce players must be allowed to ship non-essential items as there is no room for favouritism in govt policy in a pandemic
The sharp rise in GST collection in March could be a false indicator if further rate reforms are delayed
The Budget for 2021 makes a fresh beginning in dealing with numbers and estimates
With the Centre increasing reliance on tax revenue from oil, the inclusion of petrol and diesel under GST can be problematic
Those who were expecting a stimulus package through higher revenue expenditure in the Budget will surely be deeply disappointed