Articles by M Govinda Rao
Developed country ambitions need deep structural reforms
The most important reform is to reduce the borrowing costs of businesses by reducing public borrowing
Published on Jun 13, 2024 09:23 PM IST
Good GDP numbers hide many fault lines
Structural reforms are necessary to sustain India’s high growth trajectory and enable the nation to achieve developed country status by 2047
Published on Oct 12, 2023 10:12 PM IST
16th finance commission faces an uphill challenge
The 16th FC faces challenges in navigating the difficult fiscal environment of Indian federalism, with tense relationships between the Union and some states
Published on Aug 16, 2023 10:11 PM IST
Expand GST base, reduce the compliance burden
Pruning the GST exemption list and keeping the threshold at a reasonably high level is an integral part of the reform to keep the tax base broad and avoid levying it at high rates
Updated on Aug 02, 2022 06:25 PM IST
The road ahead on revenue compensation to the states
As the economy recovers and with the improved compliance, the actual growth in revenue would be higher and this may obviate the need for compensation by many states. It remains to be seen how the Council will tread this difficult path.
Published on Jun 27, 2022 08:08 PM IST