Category

Economy

Category

I find it ironical! The general public and the politicians at large in India say they want to see farmers of our country grow and prosper, and, Government should protect their livelihood, give cash handouts, and, concessions. At the same time, the media screams whenever price increases for any of the farm produce. The recent one being the ill-famed (thanks to the untimely comment of Hon’ble Finance Minister) Onion price rise. I see basic economics at work here – of supply, demand and elastic pricing of a free market. Hold your horses about hoarding, middlemen making the bulk of the…

Recently there was a news item on the Income Tax Officers Union are unhappy with the Government of India’s plan to bring in faceless tax assessments, which is being planned to reduce direct contact between the officers and the assessee…

Sell off BSNL, MTNL, Air India, Airport Authority & others in the services sector –  Government has no business to be in hospitality. Privatise portions of Indian Railways especially coaches and stations, Government has no role here too. I wrote the above in 2014, as part of my wish list to the (then) new Government of Mr Narendra Modi. After five years, they seem to be taking steps in this direction, recently the Finance Ministry has recommended the closure of BSNL & MTNL. If this really happens, I welcome the move and wish Air India and others join the list.…

ISR and CSR

Till some years ago, it was an accepted fact, that the purpose of a company should be to maximize shareholder value – an idea popularised by American honchos. Now, this idea is being questioned. There are many alternative views being…