Funding the Republic

The tricolour flutters happily at the Peer Makhdum Shah Dargah in Mahim, Maharashtra, hoisted by the peer’s devotees, as a symbol of the Indian Republic being alive and well.  India is a Republic. But often it feels as though only the Union government must carry the can for doing unpleasant things – like levying tax […]

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Red flags for FM Jaitley

The embattled Finance Minister Arun Jaitley – clearly aware that the knives are out for him   Finance minister Arun Jaitley will be fighting from a tight corner on February 1, 2017, boxed in by low domestic demand and the approaching international headwinds of a protectionist United States. Fighting on the backfoot is new to […]

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The budget of small things

(photo credit: dailymail.uk.co) February is when the Indian Finance Minister (FM) gets flooded with unsolicited help from well-wishers on how to get his job done of presenting the Union government’s annual budget on the 28th. This time, the flood is a Tsunami as a consequence of the Delhi state assembly electoral debacle for the BJP […]

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