Category Archives: Economy

The recent corporate tax cut to 22% from 30% this reduction may have positive effect on investment but is not based on big picture. This is remedy for stagnant corporate investment. A large part of corporate sales is driven by rural demand, reflected in reported lay-offs by biscuit manufacturers. Rural pictures matters only because largestContinue reading “Agriculture and Farming Jobs”

Understanding about state government finances is more important because of two broad reasons. The First is, States now Spend one and half times more than Union government and employ five times more people than centre. This means states have greater role to play in determining India’s GDP than Centre as they are also the biggerContinue reading “Why does the State Budgets Matter?”