The savings would be better spent and might actually reach the poor, says Rahul Khullar, in the second of two articles. Simple proposals to reform subsidies and redirect expenditure can yield......
To better understand what is going on, it may be useful to break up the problem into four different (but related) parts: setbacks to major reform efforts; slowdown in other reforms; inaction or......
FM should avoid hare-brained proposals, such as to tax financial transactions and fringe benefits, says Shankar Acharya. The importance of Union Budgets for overall economic policy and outcomes is......