37 results found

Battle of the elites

The old elite won’t give up their privileges easily. They will try to derail the structural transformation happening in India and object at every turn.

Just why are farmers rioting?

It is politics that best explains the phenomena of farmer riots amidst growing prosperity.

The good, the ugly

Narendra Modi’s tenure thus far has brought about significant structural change in the economy. But the nation needs to be careful about false morality and cow vigilantism

Cow vigilantism — or minority hunting?

PM Modi has nothing to gain and everything to lose by pursuing a divisive social agenda. He has to worry both about the enemy within, and the one outside, his development tent.

Case for an inter-meeting rate hike

A ‘rate hike in time is just fine’ is a wise RBI saying. With CPI inflation at near-historic lows, this must mean, according to the RBI law of mean reversion, that the future will bring high inflation. Hence, the urgent...

Seeking redemption in UP 2017

Many expect the Uttar Pradesh election to go the Bihar way — a big loss for BJP. However, the same math suggests the BJP is likely to win a comfortable majority in the state

Not business as usual

Budget 2017-18 is probably the most brilliant economic and political document since the path-breaking budget of 1991

Taxation — beware of the enemy within

A meaningful reduction in effective corporate tax rates to around 20 per cent is the correct follow-through to the logic, and pain, of demonetisation.

Taxing your way to popularity

The finance minister can cut everyone’s tax burden, even pay the poor, and be revenue neutral by cutting sops

Towards an Income Tax Revolution

The economy provides scope and demonetisation, the rationale for a flat income tax rate and a negative income tax for the poor and the needy.