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China: An opportunity or threat to emerging markets
United States President Barack Obama’s chief economic advisor Lawrence H. Summers, had earlier mentioned that the growth model of India was people-centric known as ‘Mumbai Consensus’ and that of China was export oriented known as ‘Beijing consensus’. (On the lines of how specific economic policies promoted by IMF and World Bank were described as Washington Consensus). The average GDP growth […]
Should agriculture be taxed in India?
India, not by plans but by default is a mixed economy often leading to a conflict between what the state and the corporate demand. One of the many decisions resting with the government is that of taxation. Indian agricultural income, with the motive of promoting agriculture is currently exempt from income tax. In my opinion, agricultural income should be taxed […]


























