T M Thomas Isaac
What prevents states from spending?
The treasury surplus is a perverse outcome of the FRBM Act. It also points out how our state functionaries have become incarnations of neoliberalism.
31 Dec 2021
Colossal notes ban failure buried in silence
Having brought this economic disaster on the country, there was not a single statement of regret, introspection or even justification from the powers that be
17 Nov 2021
Union Cooperation Ministry and the States
Cooperatives is a state subject as per the Constitution. The new ministry’s mandate could not have been described in more vague terms than given in the Union government order
29 Jul 2021
It’s time to revisit the basics of GST
The standard tax rate for states has come down sharply compared to the VAT regime. Merging the present multi-rate system into a single rated one would further reduce revenue
28 Jun 2021
Development of Kerala: Agenda of new government
The consecutive second term of the LDF has given it an opportunity for continuity in policy. It is thus on a course to create an economy that ensures high growth and equity
19 May 2021
Towards a consensus over GST compensation
Better sense has prevailed and the Centre has now expressed its willingness to borrow through a special window. Now we have to reach a consensus on how much to borrow
22 Oct 2020
The GST compensation imbroglio
How can the gap between fund requirement for GST compensation to states and availability in the Compensation Cess Fund be bridged?
17 Jun 2020
As Kerala braces for the next wave...
Livelihood has to be taken care of. But we cannot accept the approach, espoused by some world leaders, that deaths are inevitable in the Covid war
19 May 2020
But where are the funds?
What should a budget be like in the times of demonetisation? Never like the one presented by
Union Finance Minister Arun Jaitley in the Parliament Wednesday.
02 Feb 2017
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