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All in all, there are no reasons to worry on this front as of now. But this is a problem, which needs to be contained in the bud, to avoid future problems.
The government has got no strong reasons to scrap individual income tax, as has been suggested time and again.
While a lot has been done to get the airline ready for sale, significant challenges continue to remain.
The maximum amount of money ever has come into equity mutual funds during the current financial year.
The price to earnings ratio of the Nifty 50 is very close to all-time high levels.
The GDP growth in 2017-2018 will be the slowest since Narendra Modi took over as prime minister.
The more things change, the more they remain the same.
This becomes obvious from the fact that every six months, the central bank revises its future forecasts for how big the bad loans of banks will be.
But what is more worrying is that there were only 1.68 lakh individuals with a returned income of greater than Rs 50 lakh in the assessment year 2015-2016.
Agriculture has been growing slower than the overall economy for many years now, though the proportion of the rural workforce dependent on it, hasn't dropped much.
A book review of economist Jean Dreze's new book Sense and Solidarity - Jholawala Economics for Everyone.
With the Congress doing very well in rural areas of Gujarat, the prime minister may have to resort to giving out more doles and waiving off loans, like his predecessor did.
A narrative to have clearly emerged from the Gujarat elections is the Election Commission batting for the Bhartiya Janata Party (BJP), the party in power.
It's definitely not the savers. And what about the borrowers?
A new NITI Aayog discussion paper points this out.
The Financial Resolution and Deposit Insurance(FRDI) Bill proposes to do just this.
The price to earnings ratio of the Nifty is now at an extreme level.
The only way jobs can be created is if Indian industry can compete with China. Right now, it doesn't.
The filing of the GST needs to be simplified.
The trouble with bad economic policy (while GST is not bad policy per se, but its implementation clearly is) is that its ill effects are not always clear from the very beginning.