Finally the Congress Party took to the ordinance route to introduce the Food Security Bill. We cannot blame the Congress Party for this. They tried to introduce the bill in the previous session of Parliament...
Recent days have seen publication of a lot of macro data which doesn’t lead us to optimism. The Central Statistical Organization came with an estimate of GDP growth for fiscal 2013 of 5 percent which...
The world energy demand forecasts made by the International Energy Agency (IEA) are quite revealing. According to the forecast the world demand for coal is expected to increase from 3294 million tons of oil equivalent...
The reluctance of the RBI to reduce interest rates had primarily been on account of the fact that the government has not moved on the fiscal front to control the level of fiscal deficit and...
In India, power to tax agricultural income lies with the state governments. For a variety of reasons the state governments have been reluctant to introduce a full-fledged agricultural income tax, thus introducing a basic inequality...