The government needs to tackle a demand- as well as supply-shock now. And then it will have to deal with a financial sector on the verge of collapse. The government is slated to release the GDP figures for the first...
Category - Economy
Prosenjit Datta
The GST collections brouhaha
The spat between the union government and the states is obscuring the real questions – what are the implications of the shortfall on the stimulus measures and how will Corona affect projections for the future. Disputes...
The dilemma of central banks
Central banks around the world are being pressured by their governments to ignore inflation and focus on growth and jobs. But can monetary policy help in the latter goals? Reserve Bank of India (RBI) governor...
English vs Mother Tongue
The proposal to teach only in mother tongue or regional language till Class 5 ignores the problems on the ground The Union Cabinet has cleared the New Education Policy (NEP) and while it talks of a number of reforms...
The Policy Problem in Manufacturing
India cannot become a manufacturing hub unless the union and state governments are on the same page. That is a difficult task but not impossible Elected leaders, in general, decide on policies with short term profit in...
Haves and Have Nots in Artificial Intelligence
The government needs a long term plan to ensure we do not end up on the wrong side of techno-colonialism. If you go by the pronouncements of the government, or talk to any corporate leader, you get the impression that...
Hobson’s Choice
The state of the government’s finances leaves no real option but to go for second generation reforms The daily rise in fuel prices makes the government seem both clueless and callous when crude oil is at a record low...
Bad Data and Policy Making
Policies are only as good as the statistics used for arriving at the decisions – and the Indian government has been found wanting in that respect. For a government that is extremely fond of repeating that Data is the...
The King Can Do No Wrong
The myth of the Great Leader with incompetent followers A recent article in Business Standard newspaper by noted journalist Shekhar Gupta tried to analyse why Prime Minister Narendra Modi’s big ideas do not lead to any...
Lockdown Diaries8: The Absence of Coordination
The center and the states are not discussing matters and that is marring the response to the pandemic The confusion in the resumption of domestic air travel is only the latest symptom of how little the centre and states...
