November 23, 2015

Raja Chelliah Tax Reforms Committee

Prior to the liberalization of Economy, India's tax regime was marred with numerous problems. In terms of direct taxes, there was a high degree of progressiveness in 1960s and 1970s that led to adverse effect on tax collection efficiency. Further,…

June 10, 2015

The Rise and Fall of Planning Commission

On 15 August 2014, India's Prime Minister Narendra Modi declared to replace the Planning Commission by a new body. On January 1, 2015, the government by a resolution established the NITI Aayog or National Institution for Transforming India. This body…

June 10, 2015

India and World: The Changed Perceptions

Historically, India was seen as a poor developing country with a low visibility on global politico-economical front.  All western powers including United States saw India as a local / regional power in South Asia without any global weight. Over the…