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Uttam Gupta
Can invisible hand work?
Seen from an economist’s perspective, the Economic Survey looks eloquent. But execution could run into a logjam as politicians are prone to controlling the consumer The Economic Survey for 2019-20 has been prepared by the Chief Economic Advisor, Dr K Subramanian, keeping the ambitious target of achieving the $ 5 trillion...
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Solve a contentious issue
14 January 2020 | Uttam Gupta -
The dawn of a new era
28 December 2019 | Uttam Gupta -
No cover-up for black cash
19 December 2019 | Uttam Gupta -
A scandalous waste
04 December 2019 | Uttam Gupta -
Too little and a little too late
23 November 2019 | Uttam Gupta -
Shed the protectionist mindset
14 November 2019 | Uttam Gupta -
Govt must learn to let PSUs go
02 November 2019 | Uttam Gupta
Fuelling new partnerships
India must broaden its vision of oil security which should go beyond increasing indigenous production, to cover arrangements with other nations for assured supplies of crude and gas Despite loud talk by successive Governments about increasing domestic production of oil and gas to make India self-sufficient in energy, we are producing...
Booster for corporate India
Much will depend on how the surplus in the hands of companies resulting from tax cuts is apportioned among them and equally importantly, how it is spent In a flurry of announcements made on September 20, 2019 (also described in media circles as a third Union Budget in less than three...
GST math gone haywire
The Centre and States must introspect as to why despite the regime being in place for over two years, the desired buoyancy in tax revenue has not been achieved A major reason for the delay in taking up the Constitutional Amendment Bill for enactment of the Goods and Services Tax (GST)...
Powerless, cosmetic moves
Given the extant tariff policy and Power Purchase Agreements, the Centre’s plans to reform PPAs to provide power at competitive prices and make discoms viable fall far short The Union Government has set up a committee to reform Power Purchase Agreements (PPAs) to ensure power availability at competitive prices and make...
Much ado about surplus
The tussle over surfeit transfer has clipped the Centre’s wings as in future, being bound to the Economic Capital Framework, RBI will continue to keep a tight leash on funds On the face of it, the Reserve Bank of India’s (RBI) decision to transfer a whopping surplus of Rs 176,000 crore...
Promote self-sufficiency
The big bang reforms proposed by the Government for the oil and gas sector are laudable but without a stable and predictable policy environment in place, they can’t make much headway The Union Government is considering far-reaching reforms in the gas sector. These include the setting up of a local gas...
Bring transparency to the table
Extra-budgetary resources translate to about 2.3 per cent of the GDP. Had they been included, the FD for 2018-19 would have been 5.7 instead of 3.4 per cent All through its tenure beginning 2014, the Modi Government demonstrated a high degree of sensitivity to millions of poor and downtrodden and spent...
