Shankar Acharya

All stories by Shankar Acharya

How will Modi fix the terrifying jobs crisis?

How will Modi fix the terrifying jobs crisis?

Rediff.com3 Dec 2019

'The rise in unemployment, underemployment, discouraged workers and job insecurity is likely to continue, with very adverse consequences for the nation's economic well-being and social cohesion,' warns Shankar Acharya.

Can corporate tax cuts boost growth?

Can corporate tax cuts boost growth?

Rediff.com21 Oct 2019

'Tax cuts will have only marginal effects in the short run and significant positive effects in the medium term,' says Shankar Acharya, former chief economic adviser to the Government of India.

Very tough times lie ahead for next govt

Very tough times lie ahead for next govt

Rediff.com25 Apr 2019

'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.

3 troublesome twins that will rock economy in 2018

3 troublesome twins that will rock economy in 2018

Rediff.com26 Dec 2017

The trio, 'twin shocks' of demonetisation and GST, 'twin balance sheet' problem that has been weakening India's banking system and the 'twin deficit' problem will continue to challenge economic management and performance in the year ahead, says Shankar Acharya.

How the 'mother of all tax reforms' actually evolved

How the 'mother of all tax reforms' actually evolved

Rediff.com20 Jul 2017

In its essence, GST is a national level system of value added taxation of goods and services, says Shankar Acharya.

Can India sustain growth at 7-8%?

Can India sustain growth at 7-8%?

Rediff.com20 Apr 2017

To do so, the government will have to tackle a number of broad development challenges successfully, says Shankar Acharya

India's fiscal deficits: A short history

India's fiscal deficits: A short history

Rediff.com17 Mar 2017

India's fiscal deficit trends are a bit like an alcoholic trying, unsuccessfully, to reform. Virtue does not last for too long, says Shankar Acharya.

A decent Budget for trying times

A decent Budget for trying times

Rediff.com16 Feb 2017

Against a turbulent and uncertain background, Budget 2017-18 hewed a steady, forward-looking course, says Shankar Acharya, former chief economic adviser to the government.

6 states hold key to India's demographic dividend

6 states hold key to India's demographic dividend

Rediff.com20 Oct 2016

Perhaps half-way through India's demographic transition, what is the outlook for the future?

10 reasons why India won't grow at 8% plus

10 reasons why India won't grow at 8% plus

Rediff.com16 Jun 2016

The prospects for strong, sustained economic reforms do not appear to be promising in India.

Evaluating India's well-being

Evaluating India's well-being

Rediff.com14 Apr 2016

The challenge ahead for central and state governments remains enormous.

A good Budget, Mr Jaitley!

A good Budget, Mr Jaitley!

Rediff.com10 Mar 2016

'On the tax front, most of the Budget proposals are sensible'.

Budget 2016: Some dos and don'ts

Budget 2016: Some dos and don'ts

Rediff.com11 Feb 2016

20 key predictions for India and the world in 2016

20 key predictions for India and the world in 2016

Rediff.com14 Jan 2016

Shankar Acharya gives ten predictions on key politico-economic developments in the world and ten for India.

A verdict no less historic than Bihar

A verdict no less historic than Bihar

Rediff.com10 Dec 2015

It was the first reasonably free and fair national election held there since 1990, when Aung San Suu Kyi's fledgling National League for Democracy won a landslide victory.

Balance of payments: Why we should not be complacent

Balance of payments: Why we should not be complacent

Rediff.com8 Oct 2015

Stability in currency markets was only restored from September.

Few pointers that suggest Modi's Bharat is away from major reforms

Few pointers that suggest Modi's Bharat is away from major reforms

Rediff.com10 Sep 2015

Economic reforms seem to be on a slow train, while good old fiscal populism is alive and flourishing.

The 10 biggest policy mistakes of the past

The 10 biggest policy mistakes of the past

Rediff.com9 Jul 2015

There are conflicting signs on India's investment cycle.

'Modi@1: It has been a good year for the economy'

'Modi@1: It has been a good year for the economy'

Rediff.com14 May 2015

The Modi government's array of economic policy has been impressive.

How fast is India growing?

How fast is India growing?

Rediff.com9 Apr 2015

The estimates of national income and growth do not pass the 'smell test'.

Budget not excellent but just above average

Budget not excellent but just above average

Rediff.com12 Mar 2015

This Budget plans for an increase to 10.3% of GDP from 9.9%.

4 areas that Modi govt should focus on in its '1st real Budget'

4 areas that Modi govt should focus on in its '1st real Budget'

Rediff.com12 Feb 2015

FM should avoid proposals such as to tax financial transactions and fringe benefits

There's little proof that acche din has arrived for India

There's little proof that acche din has arrived for India

Rediff.com8 Jan 2015

Because of India's weak fiscal position, the plethora of debt-burdened infrastructure companies and the poor asset quality of public sector banks, economic growth in 2015-16 may be limited to about six per cent, say Shankar Acharya.

Is a strong Team Modi in the making?

Is a strong Team Modi in the making?

Rediff.com9 Oct 2014

The success of the government will depend substantially on the quality of its team of key ministers, officials and advisors

Understanding Modi government's economic priorities

Understanding Modi government's economic priorities

Rediff.com20 Aug 2014

The prime minister's August 15 address was undoubtedly inspirational and outlined important economic and social objectives, such as making India a global hub for manufacturing, ensuring bank accounts for all poor families, major thrusts in sanitation and cleanliness, and a radical restructuring of the Planning Commission.

Indian election only one of at least four important elections in Asia

Indian election only one of at least four important elections in Asia

Rediff.com11 Apr 2014

Indonesia, Turkey and Afghanistan also see important polls in the seven short weeks between end-March and mid-May, says Shankar Acharya