November 10, 2016

Black Money, Corruption and Demonetisation

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 was implemented in 1978[2] by withdrawing Rs 1000, Rs 5000, […]
November 10, 2016

Understanding the Phasing Out of Higher Denomination Fiat Currency in India

The decision to phase out higher denomination currency notes in India is hailed by many as a bold move by the current Central Government. However, this moment should be considered as an opportunity to re-examine the inherent problems plaguing the […]
December 16, 2015

The Bankruptcy Code for India – A step to ease ‘Doing Business’?

  By Archana Mavanur* India is ranked 130 of the 189 countries by the World Bank on ease of doing business scale. The regulatory requirement in place to start and operate a business in India includes a list of approvals […]
September 18, 2015

Goods and Service Tax: Push for Growth or Inflation?

Dr Martin Patrick, Chief Economist revisits the GST debate which has been further pushed thanks to the political logjam. He explains how there is lack of clarity which had led to a lack of consensus among states for supporting GST reforms. […]