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The economic agenda for 2019
07/01/2019

The focus has to be on reforming public sector banks and on managing the fiscal situation, at the Centre as well as in states. There may not be any reforms until the elections are over. Hopefully, the year will see significant resolution of the bad loan problem and …
The US–China Trade War Conundrum
25/06/2018

(This was originally prepared for External Services Division of All India Radio, broadcast on June 25th 2018.)
The adverse trade relations between US and China are increasingly becoming a global irritant, especially when security and trade issues are hard to disentangle in the contemporary global …

In the 25th meeting of GST Council, concerns are raised over shortfall in GST revenue collection. Mismatch of Rs. 34,000 Crore tax liabilities reported in GSTR-1 and GSTR-3B took the centre stage of discussion on GST during last week. The shortfall in GST revenue collection may be …
Financial Protection through the National Health Protection Scheme (NHPS): How Much Can it Cover?
28/02/2018
[Co-authored with Arpita Chakraborty and Jay Dev Dubey]
Following the Union Budget 2018, the NITI Aayog announced that the fiscal burden on the Government for the National Health Protection Scheme (NHPS) is likely to be around 10-12 thousand crores. This is based on the premise …
The National Health Protection Scheme in the Union Budget 2018: Is it in the Right Direction?
03/02/2018
The National Health Protection Scheme (NHPS), described by the Finance Minister (FM) as ‘the largest Government funded health care programme in the world’, was a centre piece of the 2018-19 Union Budget. This is, however, not a new announcement. The NHPS was announced by the FM in his …