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Balancing uncompensated positive externalities and developmental needs of Himalayan States
31/07/2019
Ten of the eleven Himalayan and north eastern states came together at a conclave in hill town of Uttarakhand with twin demands from the government of India viz., a separate ministry to deal with problems endemic to them and a ‘green bonus’ in recognition of their contribution to environmental …
While pragmatic, its fiscal marksmanship is a pressing concern.
Policy uncertainty can cause a severe drag on economic growth. The maiden budget by finance minister Nirmala Sitharaman was a judicious narrative of how to lessen the policy uncertainties. She has not deviated from the …
The draft NEP and the Question of Finances
12/07/2019
(Co-authored with Arvind Sardana)
The Draft National Education Policy is an ambitious document that aims to bring in wide-spread reforms in the field of education and research. But do we have enough money to realize these goals? Sukanya Bose and Arvind Sardana examine this …
Interview With CNBC TV18
08/07/2019
Union Budget 2019 is a prudent one and I'm very happy about that: PMEAC member Rathin Roy
A silent fiscal crisis?
08/07/2019
The ability of government to shrink the expenditures in 2019-20 would severely strain attempts to maintain fiscal discipline.
This year’s Budget speech was the first I have seen that, in my memory, has no paragraphs on the fiscal situation which, along with the tax proposals, …