Middle class constituted about 49 per cent of the total tax payees in financial year 2011-12
'Poor home work, and a subsequent loss of nerve.' 'This sums up the Modi government's current travails, the stall in key sectors, fading momentum, irritability,' points out Shekhar Gupta.
'It is mind-boggling that a party can be in rigor mortis even after numerous electoral defeats,' observes Ramesh Menon.
India has a long way to go to catch up with Thailand let alone the US.
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The rupee and equity turmoil seem over, with interest shifting to key personnel changes and 2014 polls.
The list of exempted goods from central excise duty has shrunk from 400 items in 2011-12 to 300 now.
After helping the government in policymaking since October 2014, Chief Economic Adviser Arvind Subramanian is returning to academics and will be teaching at Harvard Kennedy School on a visiting position. In an interview to Dilasha Seth and Somesh Jha, he says the ease of doing business agenda needs to move forward and India must try to integrate with the global value chains. Edited excerpts.
Finance Minister Arun Jaitley witll spearhead the campaign with BJP President Amit Shah as its chief strategist.
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