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Show Us The Money

Show Us The Money

The Government in August told the Supreme Court it detected `illicit’ transfers of Rs 33,784 crore ($7.5 billion) on profits and Rs 15,000 crore ($3.3 bn) of undisclosed income of…

Can We Sustain The Jan Lokpal?

Can We Sustain The Jan Lokpal?

Gandhian Anna Hazare fasted for 12 days in Delhi’s Ramlila grounds to press for a strong, citizen’s ombudsman bill. The Jan Lokpal Bill, which is positioned as a strong citizen’s…

Did You Pay Your Taxes?

Did You Pay Your Taxes?

Okay, we diversify again but there is a lot of interesting information that’s surfacing in the last few weeks which has economic relevance so we thought we would bring it…

Didi, Where Are The Numbers?

Didi, Where Are The Numbers?

The state of West Bengal has been facing a rough economic climate for several decades. The general feeling is that the new Chief Minister Mamata Banerjee (popularly called Didi or sister)…

A Study In Subsidies

A Study In Subsidies

India’s federal subsidy bill (as reflected in provision in the Central Budget) is approximately 2.2% of GDP, or Rs 143,867 crore ($32 bn) for 2009-10. This figure does not include…

India’s Middle Class Gets A Slap On The Face: A Rare Point Of View

India’s Middle Class Gets A Slap On The Face: A Rare Point Of View

A year ago, no one would have thought that Anna Hazare, a seemingly demure Gandhian from the state of Maharashtra could have kicked up a nationwide row over his insistence for…

No Small Government, This

No Small Government, This

It’s common in India for folks to clamour for Government jobs. You also keep hearing that Government is scaling down gradually. The figures don’t quite reflect that. Let’s look at…