governance, political economy, institutional development and economic regulation
In India, the Union government takes on a much broader fiscal mandate than is necessary. Some of this is driven by the constitutional allocation of tax mandates, which favor tax flows to the Union government. Nearly 20 per cent, on an average, of a state government’s revenue flows in a “waterfall arrangement” from the Centre […]
Read More Indian Economy: Reading the Tea LeavesBetween 2010 and 2022, the combined revenue of the top five digital titans in the United States (US) (Amazon, Meta, Apple, Alphabet, and Microsoft) exploded from US$ 181 billion to US$3.9 trillion a scorching growth of 29 percent per year. This rapid accretion of economic power invited deeper scrutiny and rethinking of whether the regulatory […]
Read More Taming Digital Titans
Opinion India 