Irrespective of its economic virtues, demonetisation — an aggressive, unprecedented initiative of Prime Minister Narendra Modi, brought rich dividends for the BJP in the Uttar Pradesh election. Above all, voters were impressed with his determination to punish those who have become fat on black money. That the move also “punished” those who had no black […]Read More Basic income transfer- Modi’s next big thing?
Arvind Subramanian Chief Economic Advisor- GOI: Rising star and Rajan clone? The Indian Economic Survey is an annual document that is wrongly titled. The data it reveals is overpowered by large dollops of economic wisdom, literature and policy analysis. Arvind Subramanian, India’s Chief Economic Advisor and the key author of this year’s Survey, has clearly […]Read More Indian Economic Survey 2016: Bewinderingly optimistic