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An economy where winners take the most
When the economy was liberalised 30 years ago, the aim was to reduce concentration of economic power among companies and individuals
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e-RUPI a welcome addition, but challenges galore
Efficient payment systems are necessary for delivery of subsidy but they should also be tailored to the living conditions of the poor
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Will the feeding frenzy on Zomato’s IPO turn into a bad meal for its investors?
Institutional investors, corporate investors and wealthy individuals who are more exuberant about Zomato than retail investors and its employees
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Petrol, diesel under GST will not result in a sharp drop in prices
Both Centre and the states are overly dependent on petroleum taxes. They may not ease their grip on them
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30 years of reforms: Looking back at a watershed moment
Manmohan Singh and his team knew what had to be done; there was none of the tentativeness that one has seen of late
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Fear of third wave and depleted savings may mute consumer spending
The spike in the number of infections and the unavailability of critical medical assistance when needed has undermined the confidence of consumers
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External factors will test RBI’s grip on inflation
Investors and industry leaders worry that China, once a deflationary force, is now exporting inflation
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Should government bypass market discipline and print money to finance an expanded deficit?
Borrowing directly from the RBI, bypassing the market, to finance expanded deficit is best avoided, despite some influential calls to the contrary
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Model Tenancy Act can stimulate labour market, lower cost of living
If states enact the tenancy law, it will stimulate the rental market by removing the trust deficit between owners and tenants
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Urban unemployment is high; it needs relief on steroids
Of the total working age population aged 15 years and above, 40.34% or 428.5 million were active job seekers during the January-April period
