Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding […]
It\’s time India realises the economic perils of rising protectionism Read More »
Innumerable customs duty changes in the budget occupy 52 pages of tedious print. This entrenches the current protectionist. The earlier Atal Bihari Vajpayee era of BJP rule went for aggressive tariff-cutting, improving Indian competitiveness and spurring record GDP growth exceeding
It\’s time India realises the economic perils of rising protectionism Read More »
Well done Shaktikanta Das! The RBI Governor has slammed cryptocurrencies as “a big threat to the country’s financial and macroeconomic stability” and a trap for unwary investors. “Cryptos have no underlying asset, not even a tulip.” History is replete with
Crypto craze can go the same way as tulip mania Read More »
Budget 2022: Highlights Will the ghost of Pranab Mukherjee come back to haunt Nirmala Sitharaman? She has opted for a high fiscal deficit for the third time in a row to keep stimulating an economy still recovering from Covid. This
Nirmala Sitharaman is right to gamble on growth. But she should know it’s a gamble Read More »
The Budget has been widely praised for avoiding populist freebies before the coming state elections and focusing instead on a big investment thrust to accelerate economic growth and lift all boats. The black spot is the failure of privatisation this
FM could privatise 1% at a time Read More »
This is the time of year when optimistic budget projections usually prove false, tax revenues fall short of expectations, austerity is decreed for government departments, government dues and capital spending are postponed for want of funds, and budgetary fudging of
As Covid wanes, economy back on recovery path Read More »
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