Finance minister needs to deliver an expansionary budget that can help revive demand, and there are a few things that can help her boost the Indian economy.
The rise in consumer price inflation (CPI) in the weeks before the presentation of the Union Budget has raised concerns that it could influence...
To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.
RCTs will get more resources & interest after Banerjee & his partners’ economics Nobel. But the poor, on whom these trials will be conducted, need protection.
Tax officials will try and collect more taxes to meet their optimistic targets. But that will have a further negative effect on consumption demand.
Before govt decides to do either, it needs to take a view about the macroeconomic picture. Is this a time for fiscal expansion, or for fiscal consolidation?
Supreme Court order to install smog towers in Delhi can be an experiment, but engineering solutions are just band-aid. The real problem is state capacity.
Onion is a seasonal crop, and offseason shortages result in sky-high prices in September-November each year. But politicians’ response creates more distortions.
India no longer has a shortage of cereals, but legacy of mid-1960s droughts has shaped the food economy. India doesn’t trust agricultural markets to work.
The air crisis needs many creative solutions, including technology and citizen participation. SC order to pay farmers not to burn stubble is the first step.