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        Society for Policy Studies

Economy and Business

Agriculture and industry must be unshackled so that they can create the millions of new jobs that this country needs. However, a hostile tax regime and Tughaqian firmans by quasi-legal bodies are putting a spanner in the works.


The Goods and Services Tax regime can be a game-changer that will propel India into the big league of developed nations.


Desi options, rooted in the economic realities of the day, are needed. HDFC and ICICI offer some interesting lessons.


To stay the course of fiscal discipline, Modi will have to stop routing subsidy via low prices and start making direct transfers to beneficiaries that need them the most. 


For India, the closer the rate gets to 17%, the greater is the possibility of losing competitiveness in global markets


The twenty-fifth anniversary this year of the launch of India’s economic reforms process has led to a celebration of sorts. Former Union Minister Jairam Ramesh has written an entertaining insider-account of it. Many in the Congress party who wouldn’t want to give P.V. Narasimha Rao credit for engineering the reforms have pushed the date back by a few years before his time as Prime Minister, seeking to ensure that Rajiv Gandhi would get all the applause.

During the recently concluded Ministerial level meet on Regional Comprehensive Economic Partnership (RCEP) at Laos, India officially communicated its position to consider a uniform yardstick for elimination in number of tariff lines. This is a significant shift from its earlier position of a three-tiered approach to tariff reduction. In return, India is pushing for liberalisation of trade in 120 services — an area in which it apparently enjoys comparative advantage over other members of RCEP.  

The Trans Pacific Partnership will hurt India’s trade with its most important export market — the US


The US could prevail in the solar and poultry cases only because our ministries did not coordinate their strategies.


Perhaps, stars are helping the Modi government in keeping inflation in check (due to low crude oil price); otherwise it would have been in financial troubles similar to what the previous UPA government was in, writes Susmit Kumar for South Asia Monitor.


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The sixth ministerial conference of Heart of Asia (HoA) - Istanbul Process is all set to begin in Amritsar from today. Prime Minister Narendra Modi and Afghanistan President Ashraf Ghani besides representatives from various countries would participate in the conference.
Does Pakistan’s green lighting of the Russian request to use the strategic Gwadar Port for its exports, signal a new alignment in regional power play? Not really, writes Monish Gulati
Fidel Castro was a symbol of revolution and inspiration to most of his followers. His insubordination to US power made him a beacon of resistance in Latin America and elsewhere, and his bushy beard, long Cuban cigar and green fatigues became universal symbols of rebellion, writes Amity Saha for South Asia Monitor.
Since Donald Trump’s shock victory last month, the Democratic Party and its supporters have plunged into a cantankerous inquest. The search for answers has lingered on voters in the “Rust Belt” states of Pennsylvania, Michigan, and Wisconsin, areas of the country that haemorrhaged manufacturing jobs in recent decades.
US President Barack Obama’s pivot to Asia, such as it was, is an endangered species in the Trump era. Looking back, was it in essence more rhetoric than a policy to be implemented? Leaders of South-east Asia, East Asia and further afield are asking themselves this question.a
I thank Excellency Ghani for accepting my invitation and for gracing this conference. It is also a great privilege for me to welcome all of you in Amritsar, a city blessed with simplicity, beauty and spirituality, and abode to the Golden Temple, the holiest shrines of Sikhs.   
The traditional ties between India and the United Arab Emirates have,  over the decades grown, riding on the strength of trade and investments. The Crown Prince Sheikh Mohammed bin Zayed Al Nahyan will be the chief guest for the 2017 Republic Day
Pathankot in the Punjab, a strategic IAF base, Uri, a sensitive Army post in the Kashmir Valley, both close to the Pakistan border, and now Nagrota, a major base of the Indian Army deep inside the Jammu region close to Jammu city, all were attacked by Islamic terrorist groups which penetrated, the inner-most security cordons.

An aching sense of love, loss and yearning permeate this work of fiction which, however, reads like a personal narrative set in an intensely disruptive period of Indian history, and adds to the genre of partition literature, writes Ni...


This is a path-breaking work on India's foreign policy since Narendra Modi became the Prime Minister in May 2014 and surprised everyone by taking virtual charge of the external affairs portfolio. A man who had been denied visa by some count...


The pattern of Chinese actions on the global stage demonstrates that it lives by the credo of might is right, a potent tool in its armoury for the pursuit of aggressive designs, writes Sudip Talukdar for South Asia Monitor....


The Tehrik-e-Taliban Pakistan, Lashkar-e-Taiba, Jaish-e-Mohammad and others of their ilk not only destabilise Pakistan and make it one of the world's most dangerous places but also threaten neighbouring Afghanistan and India -- and even far...

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