Author: Dr. Martin Patrick

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Demonetisation, Budget and Expectations

By Dr Martin Patrick* The Central Government will present the budget for 2017–18 on February 1, 2017. The decision to present the budget a month in advance is praiseworthy; normally the budget is presented...

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Black Money, Corruption and Demonetisation

By Dr Martin Patrick* The demonetisation of currency[1] after a long period of 38 years was a welcome and bold step taken by the Government of India on November 8, 2016. The last demonetisation...

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All Eyes on GST: How Will Kerala Benefit?

By Dr Martin Patrick* The implementation of the long-pending indirect tax reform – Goods and Services Tax (GST) – has become closer to reality with the passing of the GST Constitutional Amendment Bill in the Rajya...

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Ambitious Government, Aiming for Realising Idle Gold

  By Dr. Martin Patrick* With the motto of realizing the idle gold reserves for productive purposes the Government of India recently adopted three gold schemes. It is estimated that there is 20000 tons...

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Foreign Debt of India Inc and Currency Risk

By Dr. Martin Patrick* The latest RBI data shows that external commercial borrowings from March 2014 to March 2015 increased by 32 per cent to $ 181.9 billion. It has jumped by 21 per...

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Should Common Man worry of India’s low inflation!

  By Dr Martin Patrick* India has been passing through a low inflationary regime for the past nine months. Still the RBI Governor mentions about the inflationary concern and hence an eligible rate cut...