Explaining Current Inflation
Arun Kumar WPI rising at 15.08% in April 2022 has set alarm bells ringing in the government. Not only has the WPI been rising at above 10% per annum for over 13 months, it has been rising faster since February…
Category Insights
Insights, a blog published by IMPRI.
The Deep Freeze between India & China
Srikanth Kondapalli The invasion of Ukraine has upended world geopolitics, disrupting the already fragile relationship between India and China. As Ukrainians resist the Russian invasion, a renewed cold war is heating up between Russia and the NATO partners. Western sanctions…
Pitfalls of China’s BRI
Chintamani Mahapatra Chinese president Xi Jinping is an ambitious dreamer. Ever since he assumed the coveted political position in China, he has undertaken massive exercises to make the country an unchallenged global leader and has made himself the paramount emperor,…
The New Rule for GST by the Supreme Court?
The Supreme Court ruling holding the decisions of the Goods and Services Tax (GST) Council to be recommendatory, rather than binding on the Centre and the states, and that these nodes of federal power can legislate on subjects falling within their domain, brings welcome clarity on the tax. It does not undermine GST or undo the intent and purpose of the Constitution’s 101st Amendment that brought in GST. It strengthens India’s federal structure. The only damage the ruling does is to the boast that GST means one nation, one tax — in any case, GST already has seven percentage rates: 0, 3 (on gold), 5, 12, 18, 28 and 28 plus sin-good-cess.
The fall in Davos’ Relevance in Present times
TK Arun We had joy, we had fun/ We had seasons in the sun. Although that seems an inappropriate elegy for Davos – the Swiss town that hosts the World Economic Forum is not exactly sun-drenched – the pathos of…
Inflation and Policy Options
Arun Kumar Inflation has become the biggest worry for the government. It is hurting the vast numbers of the poor the most but not sparing the middle classes either. This has social and political implications which ought to worry the…
INFLATION in 2022: Taming the Poor Indians
Krishna Raj India’s inflation and temperature levels are soaring high, affecting the poor and middle class the most. In contrast, the rich continue to be unaffected as they shelter under air-conditioners and affluence. India’s retail inflation estimated in applying the…