Author: Deepthi Mary Mathew

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Union Budget 2019 : Populist Move before the Election

(Photo Courtesy Financial Express) Though the speculation of whether it would be a full-fledged budget, or an interim budget was put to rest earlier, after the interim Finance Minister Piyush Goyal’s budget speech, it...

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Falling ₹: How to fix it?

Indian economy is passing through a tricky phase with rupee registering its lowest record against the dollar. During 2018, the rupee has depreciated by more than 15 per cent, putting pressure on the Reserve...

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Union Budget 2017–18: How Kerala Fared?

By Deepthi Mary Mathew* Kerala’s polity was highly critical of demonetisation, perhaps, more than that of any other state in the country. The fiscal situation in Kerala, already challenged by fiscal distress, worsened following...

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Fiscal Stimulus or Fiscal Discipline?

By Deepthi Mary Mathew* The Union Budget 2017–18 is unique in many ways. It will be the first budget after the unprecedented demonetisation and will be presented on the first working day of February....

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Taxing Capital Gains in India

By Deepthi Mary Mathew* Prime Minister Narendra Modi signalling the introduction of capital gains tax on equities has caused a tremble in the stock market. He puts forward the argument that profits from the...

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The Unique Case of Kerala’s Treasury System

By Deepthi Mary Mathew* Prime Minister Narendra Modi’s announcement on November 8, withdrawing the legal tender status of Rs 500 and Rs 1000 notes has received sundry response from different quarters. Even though various...

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Fall of Remittance Economy ?

By Deepthi Mary Mathew* The South Indian state of Kerala is often slated for its low level of industrialisation and deteriorating agriculture sector, subduing employment generation in the state. The unemployment rate of Kerala...