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Uttam Gupta
Directing the retail investor to G-security
Under this centralised system, customers will have a single point of reference to file their complaints, submit documents, track status and provide feedback On November 12, 2021, Prime Minister Narendra Modi launched two innovative customer-centric initiatives of Reserve Bank of India — Retail Direct Scheme (RB-RDS) and the Reserve Bank-Integrated Ombudsman...
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Tax cuts alone won’t help rein in oil prices
16 November 2021 | Uttam Gupta -
Power sector: Missing the wood for the trees
09 November 2021 | Uttam Gupta -
The OECD tax deal is unfair to India
02 November 2021 | Uttam Gupta -
The fuel crisis could be a wake-up call
26 October 2021 | Uttam Gupta -
The Air India sale : Better late than never
19 October 2021 | Uttam Gupta -
Why Modi does not repeal the farm laws
12 October 2021 | Uttam Gupta -
Public stockholding initiative at WTO
05 October 2021 | Uttam Gupta
Banks’ bailout — Make it transparent
The proposed ‘bad bank' scheme by the Government is merely an attempt at using taxpayers' money for bailing out NPA-afflicted banks In the Union Budget for 2021-22, Finance Minister Nirmala Sitharaman had proposed setting up of a bad bank. Crafted as National Asset Reconstruction Company Limited (NARCL), it will bundle up...
Asset monetisation: Will it take off?
The biggest bottleneck is the cumbersome procedures involved in striking such deals and the accompanying bureaucratic red tape In her maiden budget presented to Parliament on in 2019, Finance Minister Nirmala Sitharaman laid a roadmap for catapulting the Indian economy to $5 trillion by 2024-25, its most crucial component being investment...
Shun duopoly in telecom industry
The real problems are the policies and regulatory environment that have favoured one player even while targeting others Telecom operators including Airtel, Vodafone Idea or Vi and Reliance Jio have submitted a charter of demands to the Centre. They primarily relate to licence fees: reducing the license fee from three per cent...
Fuels under GST: Illogical proposition
Given the yawning gap between the existing tax rate and the maximum that can be levied under GST (28%), the shifting of fuels to the new regime is impractical In a recent discussion with economists and industry experts on transition of energy products into the Goods and Services Tax (GST),NITI Aayog...
Self-reliance in gas is the way forward
The objective of gas-based economy is laudable but the existing regime of gas allocation and administered prices has to be dismantled first Delivering the 75th Independence Day address, Prime Minister Narendra Modi set the country a target to achieve self-reliance in energy production through a mix of electric mobility, gas-based economy...
Farm loan waiver: An unhealthy practice
Such sops largely benefit the undeserving, bring the Union and States' budgets under stress and increase NPAs of banks The reports of a district administration ordering the auction of the land of several farmers in Rajasthan to recover their dues to public sector banks are shocking. Land is the only asset...
Sun-set on LPG subsidy
The overarching focus of the Government should be on giving relief to consumers sans subsidy as that will be in sync with fiscal consolidation From June, 2020, the Union Government stopped depositing LPG subsidy in the accounts of eligible beneficiaries and the position continues till date. Even as the budget for...
