Shivaji Sarkar

One GST, but many taxes still

Monday, 27 Mar 2017 | Shivaji Sarkar | in Oped

The GST was aimed at having a uniform rate. Even now NCR has rates different from that in Haryana, Delhi and Uttar Pradesh. This will continue. The consumer may not get any relief. He may have to actually pay a higher price The indirect taxes are likely to come down as...

Caste, religion politics rejected

Monday, 20 Mar 2017 | Shivaji Sarkar | in Oped

The massive victories have laden the BJP-led Governments with heavy responsibilities. They now have to ensure the growth of all States, particularly Uttar Pradesh and Uttarakhand. These would be showpieces for the country. The faster they do it, the better The Indian politico-socio system is complex. The recent five State...

Junk GDP, it’s time for a gross progress indicator

Sunday, 05 Mar 2017 | Shivaji Sarkar | in Guest Column

India's GDP may rise, but little has been done to free it of illegal and unethical operations. Can digitisation stop the official extorters in various enforcement agencies? The country can move faster if these barriers are removed India’s gross domestic product (GDP) is growing. The rate has been differing with different...

Our wobbly public sector banks stifling growth

Sunday, 12 Feb 2017 | Shivaji Sarkar | in Guest Column

The culprit for RBI not easing interest rates is the critical condition of public sector banks owing to high stressed funds due to non-repayment by large debtors. Just 50 companies account for 71 per cent of the total debt The Reserve Bank of India’s change in monetary stance has been termed...

Many positives in new Budget

Monday, 06 Feb 2017 | Shivaji Sarkar | in Oped

The Union Finance Minister has struck a new chord on growth through the rural-farm sector. The Government expects it to pay well and be a real booster of GDP from the expected Rs16,847,455 crore. If this happens, the Budget pattern will change from 2018-19 It has been a tight-rope walk. Union...

A pragmatic approach to the upcoming Budget

Sunday, 29 Jan 2017 | Shivaji Sarkar | in Guest Column

The Budget, which to be presented by the Government early next month, is set to have an out-of-the-box approach and spring surprises. Its fundamentals would be welfare and growth, to make it popular, if not populist Development economics is likely to be the base of the Union Budget. It is likely...

Building on the demonetisation

Tuesday, 17 Jan 2017 | Shivaji Sarkar | in Oped

Let the sacred moment of demonetisation, and later re-monetisation, that has come, lead to the purification of the system. The Modi Government must act with a large heart and offer income tax concessions. Else, there could be disaster ahead for the common man The note-ban is a sacred movement and will...

Positives, challenges for 2017

Thursday, 05 Jan 2017 | Shivaji Sarkar | in Oped

In the aftermath of the demonetisation decision that has led to nationwide debates and discussions, the creditable performance of the Modi Government on the international front, highway construction, dole-denial or decision-making, has slipped into the background The note-ban is to change the course of economy and politics in 2017. It has...

Global conspiracy that few are willing to acknowledge

Sunday, 25 Dec 2016 | Shivaji Sarkar | in Guest Column

After power over food, crops and farmers through genetic engineering, MNCs and banks are conspiring to enslave people through access-denial to their own money. All they want is to control Governments through falsehoods Terrorists are no longer public enemy number one nor are they drug lords, human traffickers, arms dealers, cyber...

Some more factors in the demonetisation chaos

Sunday, 18 Dec 2016 | Shivaji Sarkar | in Guest Column

Will the Fed rate hike be another shock after demonetisation? There are fears that, if the US economy improves and the Fed announces two more rate hikes in the next 12 months, they can impact investments in India The US Federal Reserve rate hike of 0.25 per cent is likely to...