scorecardresearch
Friday, May 3, 2024
HomeOpinionStandard Deviation

Standard Deviation

India is outsourcing its tax burden to companies. Better for Modi government, not taxpayers

It is important for the government to now reassess what it wants to keep with itself and what it wants to hand over to the private sector.

PSE policy is dying a slow death. More than half are non-operational or loss-making

Nobody is calling for haste in the disinvestment process, but there’s no reason for the current pace. Perhaps for political reasons, govt can’t take back the policy—it's admitting defeat.

PM Modi should avoid temptation of turning Interim Budgets into vote-getting tools

If Modi is confident about winning a third term, he must also use this opportunity to decisively bifurcate economic & fiscal policy from short-term aims of winning elections.

From IMF to rating agencies, Modi govt’s rebuttals are improving. Backed by data & valid arguments

A team of technically-savvy key personnel with diverse skill-sets has allowed govt and RBI to formulate sound arguments in place of the earlier rhetoric-based rebuttals.

Why Red Sea crisis could cost India—Modi govt sets energy goals but doesn’t follow through

Just because India's increased oil imports proved beneficial after Russia-Ukraine war doesn't mean Modi govt should continue with it. Israel-Hamas conflict could hurt us now.

RBI must regulate risky loan apps, cooperative banks. They are plaguing the banking sector

The act of banking involves a social responsibility that the banks must honour on their own, without the RBI forcing them to.

RBI must see crypto as assets, not currencies. No one’s using it to buy grocery

India is seeing the second-highest levels of crypto transaction volumes after the US. A missing regulatory environment would leave Indians to the sharks.

Something worrying is happening in economy. Modi govt must shift focus to commerce ministry

Europe's share in Indian exports has gone up while Asia’s share is declining. The problem for India is: Europe’s economy is expected to struggle while Asia is set to drive global growth.

Make-in-India iPhone story shows govt isn’t really reducing imports or helping produce cheap

Can India subsidise its industry to the same level as China? No. We just don’t have the resources.

Indians spending beyond their means. Don’t just fix it with freebies, bring policy changes

Most Indians are spending more on essential items than last year while earning either less or the same amount. No wonder they turn to 'buy now, pay later' schemes.

On Camera

Stop targeting Galgotias University students. Focus on politicians instead

Going through their Instagrams and dissecting their ‘statements’ is not the astute political commentary you think it is—it is time for us to back off from targeting 20-year-olds.

High capacity usage, fresh borrowings & new orders — why FY25 could be a big year for pvt investment

Companies are borrowing more from banks and public. Economists say high capacity utilisation & growing new orders could set stage for renewed investment push by India Inc.

China builds road through Shaksgam Valley, India registers protest

New Delhi has, in past, too, objected to Chinese construction activities in Shaksgam Valley. Work in this strategic region gathered pace after the 2017 Doklam stand-off.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.