Growth and Poverty in India – Myth and Reality
There is a raging controversy about whether poverty levels in India have increased in the nineties, a period co-incident with the ushering in of major economic reforms.
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There is a raging controversy about whether poverty levels in India have increased in the nineties, a period co-incident with the ushering in of major economic reforms.
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 background report on Employment in India for the Prime Minister's Economic Advisory Council (EAC-PM)
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 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.
India can, and must, reform its welfare system for a transforming India – more efficient redistribution is desirable for both ethical, and political, reasons.
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?
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.