|
 |
|
Social
Spending under the Modi Government |
|
| Jul
25th 2014, Jayati
Ghosh |
|
| A
decline in real terms in the budget allocations to the crucial
areas of public spending is a sign of the new government's
lack of respect for the rights of their citizens. |
|
| The
Budget and BJP's Economic Policy |
|
| Jul
25th 2014, C.P.
Chandrasekhar |
|
| The
Union Budget for 2014-15 is a deflationary budget in the name
of "fiscal consolidation," and chalks out a strategy
to make India a labour-intensive manufacturing hub. |
|
| How
"Buoyant" are Central Government Taxes? |
|
| Jul
22nd 2014, C.P.
Chandrasekhar and Jayati Ghosh |
|
| The
authors here suggest that the fiscal optimism is misplaced
while projecting substantial increases in tax revenues despite
many tax sops in the Budget for this year. |
|
| How
"Buoyant" are Central Government Taxes? |
|
| Jul
22nd 2014, C.P.
Chandrasekhar and Jayati Ghosh |
|
| The
authors here suggest that the fiscal optimism is misplaced
while projecting substantial increases in tax revenues despite
many tax sops in the Budget for this year. |
|
| Onward
March towards Privatisation and Insecurity |
|
| Jul
21st 2014, Amiya
Kumar Bagchi |
|
| The
trend towards privatising public assets in order to augment
private profits at public cost continues unabated, as is evident
from the first budget of the Modi government. |
|
| Corporate
Karza Maafi at Rs. 36.5 Trillion |
|
| Jul
21st 2014, P.
Sainath |
|
| Since
2005-06 a cumulative amount of Rs. 36.5 trillion has been
given away to corporate sector in terms of various sops in
corporate income tax, excise duty and customs duty. |
|
| Union
Budget 2014-15 |
|
| Jul
15th 2014, Prabhat
Patnaik |
|
| The
basic fiscal strategy of the Union Budget 2014-15 is to increase
transfers to the rich and the affluent, while reducing the
outlays earmarked for the poor. |
|
| No
Sign of Change |
|
| Jul
11th 2014, C.P.
Chandrasekhar |
|
| The
people of India, who have voted for a change, are likely to
be disappointed by the NDA government's first budget as it
signals no change on the economic policy front. |
|
 |
|
| Incentivising
Risk-taking Abroad |
|
| Jul
28th 2014, C.P.
Chandrasekhar |
|
| Tax
concession provided on dividends received by Indian firms
from their foreign subsidiaries increases the foreign exchange
risk exposure of the country. |
|
| BRICS
Gains Currency in Brazil |
|
| Jul
25th 2014, Biswajit
Dhar |
|
| BRICS
is poised to make a mark in the global economic governance,
if the NDB and the CRA turn into credible financial institutions
– as counterparts of the existing structure. |
|
| The
BRICS Bank: Part of a new financial architecture (2) |
|
| Jul
25th 2014, Oscar
Ugarteche |
|
| Given
that the BRICS countries all have first tier development banks
implies that they also have development bankers who can bring
their expertise to the New Development Bank. |
| |
 |
|
| Money,
Debt, and Deficit |
|
| Jul
30th 2014, Arnab
K. Chowdhury |
|
| As
debt is necessary to sustain the monetary system, hypothetical
repayment of all debts can make the monetary system collapse
and has the capacity to stall the real economy. |
|
| India
as a Manufacturing Hub |
|
| Jul
8th 2014, C.P.
Chandrasekhar and Jayati Ghosh |
|
| The
strategy of the new government to revive India's manufacturing
sector by exploiting global value chains is well known, but
how much success this will bring is doubtful. |
|
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| |
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