Tax-fruits of demonetisation
A direct outcome of demonetisation is a sharp increase in 2017-18 in tax buoyancy (revenues per unit of growth). Given this ‘unexpected’ result, will the knee-jerk critics of demonetisation please stand down?
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A direct outcome of demonetisation is a sharp increase in 2017-18 in tax buoyancy (revenues per unit of growth). Given this ‘unexpected’ result, will the knee-jerk critics of demonetisation please stand down?
It was about both politics and economics. It is an acknowledged political success and early ‘returns’ indicate an economic success story as well.
Politicians shouting shrill about demonetisation augur well for the prospects of a new demonetised India. It indicates that the initiative is working
Ideologies are determining politicians’ assessment of the costs of the policy. Amid the commotion, food prices have been stable
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...
The world is on course for good growth, low inflation, lower taxation and increased income support for the needy. And yes – declining global inequality.
This election was the first since slow economic growth was apparent and in the data. A slow economy, however, was not the only factor — after all, in Himachal Pradesh, the BJP won by a large margin.
For whom will the Gujarat election toll – a confident BJP or a reviving Congress? The opinion polls suggest that Gujarat may not be a Rahul Gandhi moment.
The first year of operation of the Monetary Policy Committee has imposed considerable costs on the economy with very few benefits. What explains its decisions?
We all have a choice — we can either debate evidence, or manufacture conclusions