Uttam Gupta

Uttam Gupta

Latest solar scheme is a non-starter

Latest solar scheme is a non-starter

Friday, 09 August 2019 | Uttam Gupta

The Government’s launch of the KUSUM programme to promote solar power bodes well for farmers, DISCOMs and the environment. But there are impending challenges, including a huge financial liability on farmers themselves. Moreover, will they really be willing to join the scheme? In a recent interview, Minister of State for Power...

Direct action needed for direct benefits

Monday, 06 May 2019 | Uttam Gupta

In its present form, the fertiliser DBT scheme has many loopholes. In the interest of the farmers, the policy needs an overhaul so that they can put subsidy to best use and enhance fertiliser-use efficiency. Will the new Government have the will to do so? The Ministry of Finance and...

Incentivise, don’t destroy business

Thursday, 25 April 2019 | Uttam Gupta

The Government’s brazen attempt to increase the profits of MSMEs by letting them retain a good portion of tax collected from consumers is illogical The Goods and Services Tax (GST) Council has adopted a liberal stance towards small businesses, keeping in mind their potential to generate employment and increase workers’ income....

India’s sugar imbroglio

Tuesday, 16 April 2019 | Uttam Gupta

The Government’s irresistible desire to control sugar prices is doing much harm to the industry. Upholding market dynamics should be the way forward In the run-up to the Assembly elections in Uttar Pradesh in 2017, the BJP had promised immediate payment of all sugarcane arrears (money that sugar mills owe...

Where are the funds?

Friday, 05 April 2019 | Uttam Gupta

The Congress has assured regular income for the poor but how will it identify the beneficiaries? And won’t the NYAY scheme burden the economy? During its over five decades of rule, the Congress institutionalised the culture of doles in the name of its much trumpeted garibi hatao (poverty alleviation) programme even as...

A case against shareholder interests

Tuesday, 26 March 2019 | Uttam Gupta

The idea floated by high-profile entrepreneurs, seeking dual-class share structure along with differential voting rights for founder-promoters of startups, is flawed. The Government must look for better ways to help small businesses An advocacy group, IndiaTech, representing some of the most high-profile entrepreneurs, has made a submission to the Ministry...

Protectionism hurts e-commerce

Tuesday, 12 March 2019 | Uttam Gupta

Instead of the extreme steps proposed by a new policy, the government should consider a pragmatic and flexible arrangement to address the concerns on protection of sensitive data With increasing penetration of internet, surging middle-class and focus on customer convenience and affordable pricing, online retail commerce in India has grown at...

India’s burden of fiscal dilemma

Monday, 25 February 2019 | Uttam Gupta

Allocation for welfare schemes have not kept pace with an increase in revenues due to which the Government had to resort to a window dressing of accounts In the interim Budget presented on February 1, the Government reported a minor slippage of 0.1 per cent in fiscal deficit for 2018-19 against...

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