Someone should undertake a comprehensive computation of all subsidies, implicit and explicit, production and consumption. We will get a fig...

Almost every state government, with a few honourable exceptions, spends on freebies, mostly current consumption and not on capital expendit...

In some states, the debt is no longer sustainable, as the debt growth has outpaced their GSDP growth in the last five years. Besides non-me...

The debate has splintered India's political parties with some siding with the BJP while others coming out against the government. PM Modi's...

The political slugfest that has broken out over freebies between the ruling party and the opposition comes at a time when the Supreme Court...

“We will never be able to define what a freebie is and what a freebie is not. That has to be decided between the electorate and the politic...

Non-merit freebies which are the nature of giving out gifts, consumer durables, those are to be looked at carefully and in any case should ...

While Uttar Pradesh and Maharashtra top the chart with liabilities of Rs 6,62,891 crore and Rs 5,36,891 crore respectively, Punjab gets the...

Democracy helps countries choose the right priorities. But it can also spur myopic competition in freebies that destroys economies, as in S...

State governments cannot spend beyond a limit. They have not controlled deficits by cutting down non-merit subsidies. Rather, they keep ann...

The growing contribution of non-merit subsidiaries, not beneficial for a large section of society, in the GDP is increasing. This means the...

“Non-merit subsidies in the country as a percentage of GDP are growing. Also, there are some states which tend to offer much more by way of...

Referring to the economic crisis in Sri Lanka, the RBI article prepared by a team of economist under the guidance of Deputy Governor Michae...

“The 8.7% growth must be taken with a pinch of salt. It comes on the back of a contraction in previous fiscal going forward growth as we ar...

Observing that the slowdown in own tax revenue, a high share of committed expenditure and rising subsidy burdens have stretched state gover...

After his return, Modi now has the political capital to risk short-term costs to reap long-term gains.

Benefit under the Universal Basic Income will not be universal, but targeted at specific votebanks.