Ajay Dua

Environmental activists hold climate change protest in Washington

When it comes to the climate, old habits die hard

Changing lifestyles is hard. A transformation will be difficult, time consuming and expensive. It was way back in 1967 that...

P10 Ajay Dua

Common issues across nations on path to carbon neutrality

While they will put up symbolic resistance, richer countries, including China, can afford to altogether cease burning coal by 2045....

Young activists attend the Youth4Climate pre-COP26 conference in Milan

Countdown begins to world’s most consequential summit

COP26 must address the existential climate threat now facing the planet. Perhaps no one has expressed greater concern recently about...

FDI

How to attract greater FDI in an increasingly competitive world

India has a unique window to get a larger slice of global FDI. Creating an FDI friendly environment is a...

p11 Ajay Dua

How to boost FDI inflows into India

Doing away with retrospective taxation is a good start. Last fortnight’s move to do away with the statutory taxation clauses...

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman addresses the US India Business Council (USIBC) Roundtable

Get ready for a sustained economic recovery

Measures initiated now must fit into a longer-term strategy. To provide immediate succour to those affected by Covid-19 after the...

pexels-ravi-roshan-5476028

Get the Indian economy going

Major nations are well on the road to post pandemic recovery. Last week, the Reserve Bank of India, the country’s...

Ajay Dua

How to boost Indian manufacturing

Can the Production Linked Incentive scheme be a game changer? One of the grander schemes launched in India during the...

Union Minister of Finance and Corporate Affairs Nirmala Sitharaman along with Rajya Sabha MP Dr. Vinay Sahasrabuddhe interacts with representatives from the Jute Industry,

Rely upon direct taxes to mobilise resources

Make corporate and capital gains taxes more progressive and double their ceilings. The ongoing Covid-19 crisis has catalysed broad public...

money-2180330_1280

Tapping the super rich

Is a higher corporate tax and an altogether new wealth tax needed in India? Recently, US President Joe Biden proposed...

Prime Minister Narendra Modi during the Leaders’ Summit on Climate

Ground realities must determine India’s path to going green

Rich countries’ renewed commitment to assist will catalyse its march. A suo moto declaration by India at the forthcoming 26th...

climate-change

Should India accept demands to become carbon neutral?

Declare 2025 as the terminal year to cease adding coal fired generation-capacity. At the Conference of Parties (COP21) held in...

AJAY DUA pic

Professionalise the privatisation process

A five-year strategic plan is needed instead of an annual one to maximise benefits. Given the widely acknowledged constraining factors...

Union Finance Minister Nirmala Sitharaman speaks in Rajya Sabha

How to go about privatisation the right way

Contentious issues centred around the extent of permissible FDI and the possible emergence of monopolistic and competition-restricting situations after the...

Rationalise subsidies and explore their alternatives

Rationalise subsidies and explore their alternatives

In the interim pay the food and fertiliser beneficiaries through DBT. Doing away with subsidies and instead extending income support...

Subsidies for whom

Subsidies for whom?

Despite several inadequacies, it appears that status quo will prevail for quite a while. An interesting revelation in the just...

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman at the Halwa ceremony

Will Budget revive jobs, incomes at the bottom of the pyramid?

At under 15% of GDP, the Union Budget by itself, even after taking into account smaller state budgets, can tackle...

Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman at the Halwa ceremony

How to make the most of a resource constrained budget

Given the state of the economy and the limited room for further taxation, the government will do well to concentrate...

Nirmala Sitharaman addressing the Roundtable on ‘Mobilising Domestic Capital for Startups’

Nirmala Sitharaman has unenviable task at hand

Reckoning with the constraints in Union Budget 2021-22. In balancing the numerous contending demands for financial and other state support...

Refrigerators are being installed at Rajiv Gandhi Super Speciality Hospital for the storage of Covid-19 vaccine in New Delhi on Wednesday. ANI

Vaccinating Bharat: The nuts and bolts of an effective rollout

The fortnight-long US experience rolling out the vaccine has already shown that global availability will be a critical issue to...

Health workers wearing PPE kit collects swab sample for the Covid-19 test

Vaccinating Bharat: A public health challenge of epic proportions

The first task at hand, and already underway, is identifying the vaccine most appropriate, available and affordable for India.  ...

Nuances of becoming Atmanirbhar Bharat

There should be a concrete draft of intentions that invites informed comments. No one can argue against the proposition that...

Let’s assess the feasibility of an Atmanirbhar Bharat

If the emphasis is going to be on reverting back to the Nehruvian-Indira Gandhi era of high import duties and...

Members of Left Labor Unions protest against the three Labour code passed recently by the central government

Creating a safety net is a prerequisite to labour flexibility

Greater labour flexibility also demands the strengthening of social security to workers; both in terms of its applicability and in...