Loan-Waiver Schemes Got 99 Problems. And Implementation is One
Posted inPOV

Loan-Waiver Schemes Got 99 Problems. And Implementation is One

As Madhya Pradesh CM Kamal Nath announced loan waivers for his state's farmers, the demand across the country has only gotten louder. With the general elections a few months away, the governments might just cave in. But while farm loan waivers might make good political sense, do they make good moral and economic sense?
The Rise of the Right
Posted inPOV

The Rise of the Right

The Brits aren’t the only ones coasting along on the fear of outsiders and loss of identity. The world is swiftly taking a turn right.
Is Nirmala Sitharaman the MS Dhoni of Finance Ministers?
Posted inMoney Matters

Is Nirmala Sitharaman the MS Dhoni of Finance Ministers?

As the buzz around the slowdown in the economy grew louder, Finance Minister Nirmala Sitharaman took some small steps – support for the auto sector, a fine-tuning of FDI, and liquidity support for banks. And then, like MS Dhoni in the final over of a run chase, she sent the ball thundering out of the stadium with her decision to reduce the corporate tax rate.