Powered bysps
        Society for Policy Studies

Economy and Business

The Goods and Services Tax (GST), which came into effect from July 1, is the most significant economic reform since liberalisation commenced in 1991, and envisages ‘a one Economic India’ which will lead to a more efficient and productive economy. It will also add 2.5-3% to GDP over the medium term.


After being in the making for nearly 17 years, the Goods and Services Tax regime rolled out on the midnight of June 30.


At 12.01 am on Saturday, India will move to a new Goods and Services Tax (GST) regime that unifies the country into a common market.


While the Narendra Modi government can list demonetisation, goods and services tax, direct benefit transfers, formal commitment to inflation targeting, and enactment of an insolvency and bankruptcy code, among its major reform initiatives, one area where there has been little action is disinvestment.


The government’s in-principle approval to divest stake in the loss-making national carrier Air India is welcome. A privatised Air India would cease to be a drain on the exchequer and also gain a sustainable capital structure and become more efficient.


India is in the grip of GST fever. From this Saturday, over 85 lakh firms would be required to upload every detail of their business transactions onto the GST Network.


Since November 8 last year, the Reserve Bank of India (RBI) has been facing a credibility crisis. It had to deal with a barrage of accusations for toeing the government line on demonetisation.


The transition on July 1 to a Goods and Services Tax regime will be truly historic. What it must avoid is dredging up terrible legislative ideas from history – like the recent notification of anti-profiteering rules.


The collapse in exports to Afghanistan is an unnecessary and self-inflicted wound. The news that Pakistani exports in the current financial year may be in the region of $1bn, a drop of nearly a third, and down from a high of $2.4bn in 2011, is unsurprising.


Maharashtra and Madhya Pradesh have now joined a lengthening list of states that have announced costly bailouts for farmers. Their profligacy is bad news for India.


< Previous ... 1 5 6 7 8 9 10 11 12 13 14 99 ... Next > 

(total 990 results)

spotlight image Sergio Arispe Barrientos, Ambassador of  Bolivia to India is, at 37, the youngest head of mission in New Delhi. Only the second envoy from his country to India, Barrientos, who presented his credentials to the Indian President last month, feels he has arrived at a propitious time, when India’s focus is on so
On February 15, 2017 Indian Space Research Organisation’s (ISRO) Polar Satellite Launch Vehicle (PSLV-C37) successfully launched the 714 kg Cartosat-2 series satellite along with 103 co-passenger satellites from Satish Dhawan Space Centre, Sriharikota. 12 minutes later, writes Anil Bhat
While most Indians were observing recent domestic political developments; with surprise defeats for the ruling BJP in its pocket boroughs and a likelihood of the opposition uniting against the Party for the 2019 national elections, writes Tridivesh Singh Maini
Indian Prime Minister Narendra Modi and Chinese President Xi Jinping on Tuesday talked over telephone and pledged to deepen bilateral ties and promote mutual trust, writes Gaurav Sharma 
Famous for its pursuit of Gross National Happiness, Bhutan has a new cause for joy: In recognition of its Gross National Income (GNI) growth and social development, the kingdom is poised to graduate from the UN category of the world's poorest known as the Least Developed Countries (LDC), writes Arul Louis
With a dire warning about the looming future of a waterless world, Indian spiritual leader Sadhguru Jaggi Vasudev made a plea for mobilising humanity to save the rivers of India and the world before it is too late, writes Arul Louis

While India has regained its position as the world’s fastest growing large economy – with the uptick in GDP expansion at 6.7% in Q3 of 2017-18 – sustaining it critically depend...


A recent novel "Radius 200" by author Veena Nagpal has two facts at the centre of the fictional narrative that she weaves. "Impending water scarcity and the very real danger of an Sino-Indian conflict over this precious resource,...


What is history? How does a land become a homeland? How are cultural identities formed? The Making of Early Kashmir explores these questions in relation to the birth of Kashmir and the discursive and material practices that shaped it up to the ...


A group of teenagers in a Karachi high school puts on a production of Arthur Miller’s The Crucible— and one goes missing. The incident sets off ripples through their already fraught education in lust and witches, and over the years ...


Title: Do We Not Bleed?: Reflections of a 21-st Century Pakistani; Author: Mehr Tarar; Publisher: Aleph Book Company; Pages: 240; Price: Rs 599


From antiquity, the Muslim faith has been plagued by the portrayal of Muslim men regularly misusing this perceived “right” to divorce their wives instantly by simply uttering “talaq” thrice.