Rudra Chatterjee Blog

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Finance

Budget 2023: Bold textile policy needed to create world-class textile ecosystem in India

Budget 2023 for textiles: India’s textile is central to our identity. The earliest surviving Indian cotton threads date to around 4000 BC. Many Indian regions invented astonishing and unique materials, weaves and dyes. The depth and range is unmatched. Assam’s… Continue Reading →

Union Budget 2020: LIC selloff a bold step

Against a backdrop of a sluggish economy and rising inflation, the budget called for pro-growth measures without exacerbating the deficit. The FM walked through the tightrope with a signal towards bold privatisation through the IPO and partial divestment of LIC,… Continue Reading →

Union Budget: Focus on capital availability

The Union budget was an opportunity to bolster the economy on the back of a strong mandate for a stable government. The budget had to unequivocally demonstrate India‚Äôs commitment to propelling economic growth by engendering demand, reviving animal spirits in… Continue Reading →

Focus shifts to have-nots

The Indian budget is akin to a State of Union address in that the finance minister reports the health of the nation and prescribes fiscal doses to fix ailing sectors. How he raises and spends funds spells out the government’s… Continue Reading →

Implementing Laws

It is part of the function of entrepreneurs to operate in an environment of ambiguity. Customer tastes are fickle, low-cost competitors emerge, sales channels alter. This uncertainty is the nature of the game of commerce. But laws establish the rules… Continue Reading →

Tax on Corporates

Late on Friday night, the United States Senate with overwhelming support from Republicans passed a bill that would reduce corporate tax from the top bracket of 39 to 20 per cent. The domestic debate has ranged from whether this is… Continue Reading →

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