43 results found

RBI, enough of elevator economics

The inflation forecast is the most important aspect of the most crucial economic decision that the RBI makes — it needs to be more in tune with reality.The Indian economy has likely gone through a mega structural-break experience via demonetisation....

A short note on the GDP back-series released by the National Statistical Commission

The Report’s conclusion of 9 % growth in UPA-I (2004/5-2008/9) maybe, in reality, close to 6 % per annum. More needs to be researched by all of us before jumping to conclusions.

All you wanted to know about Jobs in India – but were afraid to ask

A background report on Employment in India for the Prime Minister's Economic Advisory Council (EAC-PM)

The New Wealth of Nations reviewed in Dawn

"Bhalla's book is short and the arguments are expressed in simple, bold strokes. Sometimes his writing comes across a bit too breezy, but it is never superficial. He has a good sense of humour as well as knowledge of films...

Book Launch at the World Bank : The New Wealth of Nations

In this thought-provoking book, Surjit Bhalla contends that education is the new wealth of nations. Through a series of compelling arguments, anecdotes, studies, calculations, tables, and charts, this book offers insights into the definitions of the poor, the middle class,...

The New Wealth of Nations by LSE India Observatory

At this event, Surjit Bhalla will be discussing from his recent book The New Wealth of Nations. He argues that today, over 70 per cent of the world’s middle class reside in the erstwhile poor countries; world income inequality is...

How learning transformed the world

The under-appreciated economic miracle of education in Asia and beyond The emerging world was poor and illiterate just forty years ago. Today, over 70 per cent of the global middle class resides in the erstwhile poor countries. Much more than...

The Little Revenue LTCG tax

The best tax policy for the taxman is one that maximizes tax revenue, and not one that maximizes his morality, or his employment, or his discretionary powers.

About

Surjit S. Bhalla A Senior India Analyst for the Observatory Group, a New York based macroeconomic policy advisory firm and Chairman of Oxus Research & Investments. Surjit has taught at the Delhi School of Economics and served as executive director...

Budget 2018/19: Revolutions and Regression

With the government swimming in tax revenues, it makes little economic, or revenue, sense to reintroduce the long term capital gains tax after a hiatus of 14 years. Why?!