The author is chief economist at Aditya Birla Group
In 30 years, India’s population will be around 1.7 billion and its needs much bigger
The NPA problem should be recognised as not merely a banking problem, but a national problem
The resort to cess revenue is against the spirit of cooperative federalism, since it is not shared with states
One worrying macro context to the Union Budget is the slow growth in nominal GDP. Due to a negative GDP deflator, for the past three quarters the real GDP growth has been more than nominal.