Business & Economy

Enhancing the Effectiveness of PDS in Bharat

The origin of public distribution of grains in Bharat had its roots in the ‘rationing’ system introduced by the British during the World War II. The Department of Food under…


GDP vs Human Development Index

With a nominal GDP of $2.94 trillion, Bharat has become the fifth-largest economy in 2019, overtaking the United Kingdom and France. The country ranks third when GDP is compared in…


GST

Galvanizing Simple Transparent Tax

GST was introduced in Bharat on 1st July, 2017 as a tax reform measure for unification of all indirect taxes across the country. The items that are kept outside the…




Lessons from China in Global Trade

China is Bharat’s biggest trading partner after the USA. China accounted for over 5% of Bharat’s total exports in financial year 2019-20 and more than 14% of imports. Bharat has…




Fiscal and Monetary Policies at X-Roads

While some leaders, particularly the politicians cutting across party lines, have been advocating that RBI should monetize the fiscal deficit of the government in order to pump in more liquidity…