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Articles by: Prof Arun Kumar

Two Circles of Growth: Marginalizing the Unorganized Sectors of the Economy

Two Circles of Growth: Marginalizing the Unorganized Sectors of the Economy

The ruling dispensation in India is facing a crisis of low growth, protests by major sections of the population – farmers, youth and traders – and criticism about non fulfillment of the many promises it has made. It has announced many policies but not only is their implementation tardy, many of them are a continuation of the past policies under[Read More…]

A Broken Tax Chain

A Broken Tax Chain

The GST is not bigger than the policy changes introduced in 1991 and hence not the biggest reform. It is not yielding more revenue to enable governments to spend more on services for the poor. Further, by damaging the unorganised sectors, it has set back output and employment in the economy rather than leading to a higher growth rate. These[Read More…]

The Catch In Autonomy :Universities will be subject to the dictates of the market

The Catch In Autonomy :Universities will be subject to the dictates of the market

A new scheme of greater autonomy to educational institutions has been announced. Depending on their NAAC scores, institutions will be slotted in category I, II and lower. There will be less autonomy as the rank declines. Those in the highest category will have the freedom to start new courses, hire foreign faculty and pay higher emoluments to faculty, So, some[Read More…]