BUSINESS
POTUS goes where no man in the Oval Office has gone before
How can an economy with a per capita income of $87,000 in 2024, having achieved a significant increase of more than $5,000 over the level in 2023, hope to raise these incomes further by shutting itself out of the global trade flows which has benefitted it so enormously?
BUDGET
Budget and Its Two Pillars: Private investment and middle class
Budget 2025 slows public expenditure growth, supports private investment, and introduces tax reforms, including higher exemptions. The focus is on boosting consumption, supporting MSMEs, promoting exports, and addressing farmers’ welfare, while maintaining fiscal prudence
BUSINESS
Four ideas which will help Budget 2025 move the needle
An economic growth rate around 6.5 percent is inadequate to realise national goals. To unleash investor sentiments and business opportunities, a former Vice Chairman of Niti Aayog outlines four growth enhancing suggestions
BUSINESS
India’s budget has to be revenue surplus to invest adequately in human capital
A revenue deficit can be seen as fiscal profligacy, where we continuously spend more than we earn and effectively borrow to repay the interest on earlier borrowings. On education and health India's spending is lower than even the sub-Saharan Africa average
BUSINESS
No pandering, smart adjustments and boosting urban redevelopment are budget’s highlights
Sticking to fiscal consolidation will help draw in private investment. To complement it, Budget 2024 could have resorted to ambitious privatisation and easing compliance burden
LOK-SABHA-ELECTION
Job Creation: State-specific export policies will help in generating employment
Countries which have been successful in generating sufficient employment for their workforce have relied significantly on ramping up their exports and grabbing a larger share in world markets
BUSINESS
Online Gaming: GST on full value against the logic of the tax regime
Isn’t the fundamental principle underlying the GST regime to levy tax on the value-added at each stage of the supply/production chain?
