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GOI ECONOMIC DECISIONS
All hands on the deck: Next few months, govt faces a test of political will to take hard economic callsIndia is likely to experience economic and political pressures due to upcoming elections and external geopolitical factors. Balancing relat...
India’s drug pricing policy must balance affordability, medicine availability and pharma industry growthThe Government of India has recently capped trade margins on anti-cancer medicines at 30%. This decision has reignited the ongoing discussi...
Pivot to Privatisation 2.0: Why IDBI Bank’s sale should rev up India’s push to privatise remaining non-strategic PSBs and PSUsLast week, the Cabinet Committee on Economic Affairs approved the sale of IDBI Bank's majority stake. The stake, held by the Government of ...
GST reforms aim to boost compliance by removing fear, widening tax baseRate rationalisation showed that a lower rate yields more revenue as the base widens, and process reforms rest on the same principle. A bus...
Apple Pay’s India launch shows how RBI’s outcome-based regulation lets technology evolveApple Pay was launched in India after significant regulatory developments by the Reserve Bank of India. This new payment option allows user...
In healthcare, the patient is the least informed consumerSignificant price differences in healthcare consumables have drawn attention, prompting calls for better consumer protection. Maharashtra's...
- Anti-betting law fails. A lesson for crypto?
India’s online betting ban has failed to eliminate illegal gambling, with offshore networks continuing operations despite strict laws. The ...
New bounce in EPFO trampoline: How the wage ceiling revision will change thingsSocial security, like a trampoline, not only catches you but also enables you to bounce back. The system's core is to provide workers with ...
Ethanol is not the whole story behind India’s sugar price surgeSugar prices have significantly increased due to production shortfalls and rising demand. Government data shows a substantial decline in ex...
Why ISRO's loss is India's gainIndia's space sector witnessed significant private and public sector developments recently. Skyroot Aerospace launched the nation's first p...
Post-Covid capex pumps PSU musclesA reappraisal of PSUs, however, could slow the longer trend of GoI getting out of business. And it needs to filter out the temporary effect...
The Supreme Court must be applauded for refusing to play to the political gallery this timeBriefly, the majority judgment and the dissent agreed that the objectives of DeMo were good. Where they disagreed was on the legality of th...
View: The role of the private sector in ongoing debate over disinvestment-privatisation-led growthGoI’s decision to announce disinvestment of public sector undertakings (PSUs), barring those in four strategic areas, is progressive.
View: ECLGS presents an opportunity for a fiscally constrained governmentLoans under ECLGS are fully guaranteed through the National Credit Guarantee Trustee Company and are collateral-free.
View: States are the biggest losers in GST sharing formulaThe track record so far of the present government toward states demonstrates a betrayal of trust so crucial not just for India’s federal po...
View: Now to stimulate the stimulusGoI has leaned on addressing the survival issue via some cash and in-kind transfers to vulnerable sections of society. But India is a consu...
Lockdown 4.0: Why it's imperative to find common ground between Centre and states at this stageThe political groundwork to find that common ground is what will need to be done now. Eventually, the success of any reform is through poli...
ET Edit: Merit in move, but how the bifurcation decision went about is questionableEven if technically correct, a decision of such magnitude should have been preceded by debate and discussion.
Four unanswered questions in the government versus RBI tussleWill they be answered? No one really knows. But what happens next will depend a lot on these questions.
- Bank capitalisation decision positive for market confidence: CRISIL
The government’s recent decision enabling public sector banks (PSBs) to enhance their capitalisation will give a welcome boost to market co...