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Uttam Gupta
Unified pension scheme: Balancing the old and new
Modi Government unveils unified pension scheme to bridge old and new, aiming to satisfy Central and State employees On August 24, 2024, the Union government announced the new Unified Pension Scheme (UPS) for central government employees. In fact, what looked like a well-orchestrated action plan, on the following day the BJP-led...
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E-commerce giants versus mom-and-pop stores
03 September 2024 | Uttam Gupta -
Prospects of privatisation of PSUs are bleak
30 August 2024 | Uttam Gupta -
Gas pricing: Reforms turn into a control regime
21 August 2024 | Uttam Gupta -
Populism will not let food subsidy reforms take off
12 August 2024 | Uttam Gupta -
Need for rationalising taxes on fertilisers
07 August 2024 | Uttam Gupta -
Reforming the personal income tax regime
01 August 2024 | Uttam Gupta -
Budget is pro-growth but stability concern remains
29 July 2024 | Uttam Gupta
Income tax amendment promises relief for MSMEs
The biggest problem faced by small enterprises is delayed payment of their dues by large enterprises as it results in a shortage of working capital severely impacting their production An amendment to the Income Tax Act, introduced through Finance Act 2023, and effective from April 1, 2024 stops businesses from claiming...
India narrowly escapes fiscal catastrophe
India needs to strengthen its economic health with sustainable fiscal policies for long-term stability; state guarantees only put it in a perilous situation After the Lok Sabha elections 2024 on June 4, the Center narrowly escaped plunging into a state of ‘fiscal catastrophe’. Even as Modi–-led BJP failed to secure an...
The cost of freebies and the legal quagmire
Despite a Supreme Court ruling highlighting the impact of freebies on election fairness, political parties continue to leverage public funds for electoral gain In the Maharashtra Budget for 2024-25 presented by Deputy Chief Minister Ajit Pawar, the BJP-led MahaYuti has announced financial assistance of Rs 1,500 per month for eligible women...
Focus shifts to prudent public wealth management
The new Govt is overhauling India's disinvestment policy. It is supporting non-profit enterprises, and maintaining a strong presence of State-run firms in strategic sectors The new National Democratic Alliance (NDA) government led by Prime Minister Narendra Modi is reviewing the existing disinvestment policy to shift its focus from selling central public...
Water crisis in Delhi is entirely man-made
The ruthless exploitation of natural endowments and that too when resources are being put to misuse is unconscionable The gravity of water crisis facing Delhiites has forced the Delhi government to approach the Supreme Court (SC) seeking its intervention to direct neighboring states Haryana, Uttar Pradesh, and Himachal Pradesh (HP) to...
Populism cripples revival of discoms
The twin problems of AT&C losses and under-recoveries on sale to certain households or farmers in some States have existed for close to a quarter century The Centre is planning to launch ‘another’ scheme to enable public sector power distribution utilities (discoms) to cut technical losses via "transition financing" of the...
The long and short of Modi’s welfarism
The Govt is doing a good job of supplying food, fuel and fertiliser at subsidised cost but the largesse recipients are unlikely to make space for other deserving people An overarching policy instrument Prime Minister Narendra Modi uses in relentless pursuit of a welfare State is his unflinching commitment to ensuring...
