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Uttam Gupta
RBI dividend aids Government finances
The RBI’s dividend transfer provides a substantial fiscal cushion to the cash-strapped Government, but it must be prudent in fiscal management and resource allocation In the amendment to the Fiscal Responsibility and Budget Management (FRBM) Act through the Finance Bill 2018-19 (the amendment was based on the recommendations of Dr N...
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Do not withdraw capital support for oil PSUs
23 May 2024 | Uttam Gupta -
Stopping thieving through DBT
15 May 2024 | Uttam Gupta -
Rationalise regulations for e-commerce
09 May 2024 | Uttam Gupta -
Plug leakages in fertiliser subsidy
02 May 2024 | Uttam Gupta -
With power freebies, debt comes calling
22 April 2024 | Uttam Gupta -
Income inequalities hamper sustainable growth
15 April 2024 | Uttam Gupta -
RBI maintains status quo despite inflation optimism
12 April 2024 | Uttam Gupta
Address the root cause to stabilise food prices
The Bharat brand scheme aims to stabilise prices for consumers and ensure fair compensation to farmers. However, its impact will be limited due to State laws Last year in July, the Union Government launched a Scheme of selling chana dal at a subsidised rate under the Bharat brand call it Bharat...
Sustainable agriculture with nano-fertilisers
As India gears up to ramp up production of nano-fertilisers, questions arise regarding the technical feasibility and logistical implications of transition Recently, the Union Minister for Chemicals and Fertilisers Mansukh Mandaviya stated “Consumption of urea this fiscal is likely to be 8 percent less than in FY 2022-23 due to the...
Debunking claims of fiscal discrimination
Opposition-ruled States, especially southern States, have raised concerns about discriminatory treatment in the current system of fiscal resource sharing between the Centre and the States Various Opposition-ruled States especially from south India have complained of ‘discrimination’ and ‘unfair’ treatment under the present scheme of sharing financial resources between the Union Government...
Rationalise and simplify GST
The GST Council has to make crucial decisions regarding inclusion of petroleum products and streamlining tax slabs to fortify the robustness of the GST system A Group of Ministers (GoM) set up by the GST (Goods and Services Tax) Council is currently reviewing the new tax regime with a focus on...
The practice of offering freebies must stop
Not too long ago, poll freebies used to be an exception. But now it has become a norm with almost every other party promising it Barely a week before the Election Commission of India (ECI) is set to announce the schedule for the polls for Lok Sabha elections when the Code...
WTO deadlock over agricultural subsidies
At the WTO Ministerial Conference, India stood firm on its stance on public stock-holding programme, drawing strong opposition from the developed countries The 13th ministerial conference (MC) of WTO (World Trade Organisation) held on February 26-29, 2024 in Abu Dhabi has ended in a deadlock. This is because India leads about...
MSP methodology and farmer demands
Questions arise about the rationale and implications of adopting Dr Swaminathan's proposed methodology for MSP calculation Co-terminus with the legal guarantee for Minimum Support Price (MSP) for all crops, another demand raised by the farmers relates to how the MSP is fixed. They want it to be calculated based on the...
