All stories by Shankar Acharya
What The World Looks Like At Mid-YearRediff.com26 Jun 2023
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
Prospects For India's Youth: Cloudy, With High Chance Of Thunder And LightningRediff.com6 Oct 2022
The country's demographic dividend is dissipating, with seriously adverse consequences for young India, asserts Shankar Acharya, former Chief Economic Adviser to the Government of India.
Global Economic Crisis: What India Can DoRediff.com27 Apr 2022
The employment situation remains dire. Whatever can be done to promote greater low-skill employment should be pursued aggressively, advises former chief economic adviser Shankar Acharya.
We may see market borrowings Rs 2 trillion-Rs 3 trillion less than projectedRediff.com18 Feb 2022
Macroeconomic management is usually a lot more comfortable with lower fiscal deficits. The sooner we get there, the better for the economy, says former Chief Economic Adviser to the Government of India Shankar Acharya.
What Will 2022 Bring The World?Rediff.com1 Jan 2022
From Covid to climate change, Shankar Acharya's look at some of the trends and events that might shape 2022.
Beware! The Two Economic IndiasRediff.com7 Dec 2021
The substantially increased economic dualism may exert lasting negative influences which could include a reduced potential for economic growth; the persistence of a very weak employment and poverty situation; rising social and political discord; and heightened vulnerability to geopolitical challenges, cautions Shankar Acharya, former chief economic adviser to the Government of India.
Covid's 4 Lasting Scars On The EconomyRediff.com6 Oct 2021
Expect a more modest out-turn of around 5 per cent (if not less) because of the longer-term scarring effects of the Covid shock, the sharply slowing growth in the pre-Covid years and some scepticism about the growth-efficacy of some of recent official policy initiatives, explains Shankar Acharya, former chief economic advisor to the government.
Who's the Greatest General of the 20th Century?Rediff.com17 Jul 2021
My candidate for the best general of the last century hailed from a little, poor colonised Asian nation whose impact on world affairs rarely amounted to much, notes Shankar Acharya.
India may have LOST 10-12% of GDP growth FOREVERRediff.com28 May 2021
India's likely medium-term potential growth will almost certainly be markedly lower than that experienced in pre-pandemic years, warns Shankar Acharya, former chief economic advisor to the Government of India.
Nirmalaji, what about growth beyond FY22?Rediff.com4 Mar 2021
We will find it difficult to exceed an average of 5 per cent growth in the medium term, warns Shankar Acharya, the former chief economic adviser.
Will this Budget lower income tax?Rediff.com18 Dec 2020
The budget-making exercise offers golden opportunities despite challenges, observes Shankar Acharya, former chief economic adviser to the Government of India.
5 reasons why economic recovery will be slowRediff.com18 Sep 2020
Risk aversion is currently a dominant depressant to economic recovery, points out Shankar Acharya, former chief economic advisor to the Government of India.
'How can India be a competitor to China?'Rediff.com25 Jul 2020
'China need not worry about a truly 'resurgent India'.' 'It's not going to happen.'
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?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 govtRediff.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 2018Rediff.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 evolvedRediff.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%?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 historyRediff.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.