Anshuman Tiwari is an economic analyst, columnist and author. He has been writing columns on economy for more than 18 years. He has worked in Dainik Jagran, Amar Ujala and Business Bhaskar.
At present he is Editor of India Today (H).
Even if one doesn’t buy everything that Prime Minister Narendra Modi claimed in his Parliament speech on Goods and Services Tax (GST), one should acknowledge that this is one of the most crucial structural indirect tax reforms in the last 25 years of liberalisation.
This may not effectively clamp down on inspector raj, or turn the consumer i [...]
Contrary to the euphoria and costlier-cheaper headlines, the Constitution (122nd Amendment) Bill 2014 doesn’t spell out even the outline of the GST that India is expected to get in the future.
The passing of the GST Bill is just the beginning of a tedious political and operational voyage that should ultimately result in the implementat [...]
In India, privatising a public sector company is perhaps a bigger challenge than contesting an electoral battle or even conducting a nuclear test.
Don’t see it as an incongruous claim. This may well be a credible reality if one looks at the 25-year-long history of India’s economic liberalisation.
In two-and-a-half decades of econ [...]
If one pays his or her taxes honestly and does not expect any favours from the government, he or she has every right to show angst over this never-ending business of amnesties to tax swindlers.
Prime Minister Narendra Modi repudiated history when he, during his last Mann Ki Baat, reminded people of the September 30 deadline as the last oppor [...]
Sometimes words speak louder than actions. If nowhere, then at least in India.
RBI chief Raghuram Rajan has fallen victim to his own candid words (read speeches) on issues of political import. However, his legacy doesn’t lie in his articulations as a blunt economist but as a top-class, innovative and professional central banker.
The Rs 13 lakh-crore pile of bad loans of India’s public sector banks now amounts to more than the GDP of countries like New Zealand, Kenya, Oman and Uruguay. A new IMF report states Indian banks are in a poor state compared to the notoriously messy banking of China.The financial results of major public sector banks (PSBs) show that out of 2 [...]
After the Tamil Nadu and West Bengal election results, Prithviraj Chauhan, Bhupinder Singh Hooda and Hemant Soren must be cursing themselves for not being the J Jayalalitha and Mamata Banerjee of their states, who despite allegations of corruption and poor governance, turned out to be voter favourites.
On the other hand, Akhilesh Yadav, Hari [...]
After facing severe criticism for its lofty electoral promises on bringing black money to India, Modi sarkar appears to have stuck its neck out on dealing with the issue.
The Modi-led government, running past the two-year mark in office, has taken some calculated risks to go ahead on curbing black money.
To promote transparency, the g [...]
Don’t get carried away with the fight-to-finish kind of political battles between BJP and Congress over corruption, nor let loud TV debates and so-called global exposes overwhelm you. Irrespective of high decibel political drama over corruption, the fact remains that India’s track record in the fight against corruption is getting [...]
Do you think the politics of subsidy is only confined around lower and middle economic classes? If yes, then you would wonder how subsidies worth rupees one crore go into the pockets of the rich every year, and that too via merely seven products and services.
The subsidy bill may notch up if one takes into account all kinds of services. As m [...]