37 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,...

Citizen Raj: Indian Elections 1952-2019

It is the most definitive account of the history of Indian elections, chronicling the political and economic background against which it has been unfolding since 1952

Population, Education, and Employment in India: 1983-2018

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

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...

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

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?