Op-Eds

The Covid-19 pandemic has brought public finances into the eye of the storm. Efficient and effective Public Financial Management (PFM) in the 21st century involves the usage of Financial Management Information Systems (FMIS). The key objectives of PFM are—“to maintain a sustainable fiscal position effectively allocate resources and efficiently deliver public goods and services” (Cangiano...   Read More

Budget FY23 has extended support to the solar energy sector on enhancing domestic production capacity with an additional allocation of Rs 19500 crore in the form of Production-Linked Incentives (PLIs). Budget FY23 signals fast-paced movement towards India’s renewable energy target of 450 GW by 2030 60% of which is expected to come from solar. India...   Read More

With the bond yields rising all around the world and credit rating agencies and foreign investors starting to discriminate across emerging markets laying down a fiscal pathway will help bolster their confidence in the strength of the Indian economy and in its key policy frameworks to yield stable policies for robust economic outcomes. Last Thursday...   Read More

Opinion: Sudipto Banerjee To put the prevailing apprehensions at rest the Modi government should hold talks with all stakeholders both on the taxability of virtual digital assets and their future legal position in India Union Budgets are known for making news. With the recent Budget announcement India joins the league of nations that have brought cryptocurrencies...   Read More

While many observers had expected it to be an 'election budget' it turns out that it has skirted populism. It provides continuity in terms of adhering to the policy pathway this government has laid out in the last few years. Budget 2022-23 is a comprehensive and transparent budget reflecting confidence in economic recovery. Set against...   Read More

Reliance on MSP alone won’t ensure food security or improve farm income. It must be backed by fair and competitive markets. The discussion over agricultural price policies has now been very extensive and the pressures for arriving at a key framework for such a policy has been intensified by the withdrawal of the three Farm...   Read More

Rather than bank on crop residue and used oilseeds the focus must shift to a few feedstock crops to produce biofuels India’s transportation sector contributes about 10 per cent of total national greenhouse gas (GHG) emissions. Out of which road transportation contributes about 87 per cent of the total emissions. Clearly achieving net zero emission...   Read More

Data reveals that the poor dedicate more time — about 142 minutes — to social and community activities higher than the average time spent by the overall population. As Omicron looms large and we go into a new phase of restrictions on socialising it is important to understand why Indians find it hard to stay...   Read More

Opinion: Tarujyoti Buragohain The government can take surer strides towards increasing agricultural households’ income if it were to guarantee more than 100 days of work under the MGNREGA and invest more in supporting livestock farming an analysis of SAS data shows. Prime minister Narendra Modi  had made a mention of his dream to see farmers’ income...   Read More

Opinion: Mythili Bhusnurmath The jugalbandi between RBI and GoI went well beyond the blurring of traditional boundaries that we saw elsewhere in the world to something close to an exchange of roles. We saw government act like a conservative central bank holding tight on to its purse strings even as RBI acted like a populist government...   Read More