 "A K Bhattacharya")
A K Bhattacharya
A K Bhattacharya
Fiscal prudence through disclosure: A key Budget move that went unnoticed
Statement 27-A, a voluntary disclosure of state-owned entities' borrowings, introduced in the Budget for 2024-25, enhances fiscal transparency and signals prudent fiscal management
 "Fiscal prudence through disclosure: A key Budget move that went unnoticed")
Tale of 2 decisions: Why lateral-entry scheme faced backlash and UPS didn't
Mothballing the lateral-entry scheme and launching the modified pension plan show how governance style can make a difference
 "Tale of 2 decisions: Why lateral-entry scheme faced backlash and UPS didn't")
The PSU disconnect
Political calculations may have slowed privatisation, but economic policies to improve the public sector's performance brook no delay
 "The PSU disconnect")
Union Budget 2024: Prudent, bold and savvy
As for the long-term vision of the Budget, there are some reassuring messages from the finance minister
 "Union Budget 2024: Prudent, bold and savvy")
Focus back on raising revenue
With the fiscal deficit target staring at the government, the FY25 Budget has limited expenditure options
 "Focus back on raising revenue")
The four pitfalls
Avoiding policy flaws more important than fulfilling India Inc's Budget wish list
 "The four pitfalls")
Make it more transparent
The Budget shouldn't ignore provisional figures for 2023-24 and use the extra RBI surplus to better effect
 "Make it more transparent")
Governance challenges for a coalition
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense
 "Governance challenges for a coalition")
A better way to fix MGNREGS
The problems of the rural job scheme should be tackled through stricter monitoring, not by burden-sharing
 "A better way to fix MGNREGS")
Rising repatriation
As worrying as the recent decline in gross foreign direct investment is the increasing pace of disinvestment
 "Rising repatriation")
Beyond promises
The BJP's election manifesto raises many economic-policy issues requiring a more holistic approach
 "Beyond promises")
A question of spirit
Busy civil servants preparing a five-year plan for the next government raises questions about convention
 "A question of spirit")
The state of state budgets
With states expected to push the reforms agenda, a mechanism is needed for assessing their budget data
 "The state of state budgets")
Waiting for the states
The future of key economic reforms seems to depend more on the states
 "Waiting for the states")
The NDA approach to PSUs
The Modi govt's equity contribution to public sector units has risen even as their capacity to generate resources has taken a hit
 "The NDA approach to PSUs")
Not by cosmetic changes alone
Disinvestment can get a shot in the arm by ministerial revamp, not by just a nomenclature change
 "Not by cosmetic changes alone")
Interim Budget 2024-25: Striking a middle path
Such prudence also seems to have influenced the Finance Minister's fiscal consolidation efforts
 "Interim Budget 2024-25: Striking a middle path")
GST cess as an opportunity
India's economy should benefit from an early termination of the compensation cess
 "GST cess as an opportunity")
Budget and electoral tailwinds
With limited fiscal space, the Budget needs to take advantage of the ruling party's recent electoral wins
 "Budget and electoral tailwinds")
The oil factor
In spite of global uncertainties, India's oil economy offers an opportunity to usher in reforms in the petroleum sector
 "The oil factor")
