Shankar Acharya

All stories by Shankar Acharya

Nirmalaji, what about growth beyond FY22?

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?

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 slow

5 reasons why economic recovery will be slow

Rediff.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?'

'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?

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.

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