62 results found

Short CV

Surjit S. Bhalla is a former part-time member of Prime Minister Narendra Modi’s Economic Advisory Council. In addition, he serves as Chairperson for the Ministry of Commerce High Level Advisory Group on Trade; Economic Adviser to the Fifteenth Finance Commission,...

What Ails GDP Growth: Demonetization or High Interest Rates?

GDP Growth in India has slowed down to less than 7%, from the recent high level of 8.2% in 2015-16. It is widely believed that the demonetization experiment, announced by Prime Minister Modi on November 8, 2016, is responsible for...

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.

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 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 Surjit is a former part-time member of Prime Minister Narendra Modi’s Economic Advisory Council. In addition, he serves as Chairperson for the Ministry of Commerce High Level Advisory Group on Trade;  Economic Adviser to the Fifteenth Finance...

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?!

Smart Policies for Redistribution

India can, and must, reform its welfare system for a transforming India – more efficient redistribution is desirable for both ethical, and political, reasons.

Piketty has got it wrong

The implied savings estimates for India, derived from his calculations of income distribution, do not conform to any known model of savings behaviour