Rajeev Mantri
Articles by Rajeev Mantri

India is charting an independent course

Many nations embarked on a fiscal splurge during Covid-19, leading to persistent inflation. India took a ‘wait, watch and then respond’ plan. The same strategy was visible in procuring oil after the Ukraine war broke out. This India-first policy-making is now paying off

India has a government today that is conducting itself with the confidence and independent-mindedness befitting a country that is likely to be the most essential rising international power over the next 25 years (ANI/PIB)
India has a government today that is conducting itself with the confidence and independent-mindedness befitting a country that is likely to be the most essential rising international power over the next 25 years (ANI/PIB)
Updated on Sep 18, 2022 08:11 PM IST

GST: A structural reform towards a unified market

Five years since its roll-out, GST has created a united nationwide market. The next five years should be focused on deeper formalisation, removing credit extension asymmetries, and becoming a model for constructive cooperation

The states never had the power to charge service tax and GST gave them that. (PTI)
The states never had the power to charge service tax and GST gave them that. (PTI)
Published on Jul 01, 2022 08:07 PM IST

How Modi restored the credibility of Indian capitalism

Where the credibility of capitalism has been undermined in the US, its credibility has been burnished in India due to measures such as the insolvency and bankruptcy code (IBC)

Prime Minister Narendra Modi. (File photo)
Prime Minister Narendra Modi. (File photo)
Updated on Sep 15, 2021 06:13 PM IST
ByRajeev Mantri

Excerpt: A New Idea of India by Harsh Madhusudan and Rajeev Mantri

In this exclusive first excerpt from their new book, Harsh Madhusudan and Rajeev Mantri look at the vexatious matter of saving secularism from the secularists

A protest against Salman Rushdie’s participation at the Jaipur Literature Festival in January 2012.(HT file photo)
A protest against Salman Rushdie’s participation at the Jaipur Literature Festival in January 2012.(HT file photo)
Updated on Sep 18, 2020 08:26 PM IST
Hindustan Times | ByHarsh Madhusudan and Rajeev Mantri

Higher taxes on the super rich is not a sound idea

The current policy will push India’s best talent offshore, affecting the critical finance and technology sectors

There are about 80,000 individuals who earn <span class='webrupee'>₹</span>1 crore per year and above, and 6,361 persons who earn over <span class='webrupee'>₹</span>5 crore per year. Soaking this small group will yield about <span class='webrupee'>₹</span>12,000 crore per year, which is equally minuscule, given that it would constitute about 0.5% of the annual revenue of the government’s <span class='webrupee'>₹</span>24 lakh crore in revenue in 2018(SHUTTERSTOCK)
There are about 80,000 individuals who earn 1 crore per year and above, and 6,361 persons who earn over 5 crore per year. Soaking this small group will yield about 12,000 crore per year, which is equally minuscule, given that it would constitute about 0.5% of the annual revenue of the government’s 24 lakh crore in revenue in 2018(SHUTTERSTOCK)
Published on Aug 13, 2019 07:33 PM IST
ByRajeev Mantri

Modi deserves a second term based on his economic record

Formalisation, financialisation and digitisation engineered by the Modi government have set up India for higher sustainable growth and a fiscal boom

Narendra Modi’s demonetisation ranks among the most polarising policy decisions made by any government anywhere in the world(PTI)
Narendra Modi’s demonetisation ranks among the most polarising policy decisions made by any government anywhere in the world(PTI)
Updated on Apr 18, 2019 08:00 PM IST
ByRajeev Mantri

Liberal economy requires a strong but limited State

By strengthening of the foundations of the Indian state, the Modi government has set the stage for sustained economic growth

When the Modi government has pushed for broadening the tax base and improving tax compliance, it has been with a view to accumulate the resources necessary to augment foundational capacity in the three areas of welfare, economic governance and national security(Virendra Singh Gosain/HT PHOTO)
When the Modi government has pushed for broadening the tax base and improving tax compliance, it has been with a view to accumulate the resources necessary to augment foundational capacity in the three areas of welfare, economic governance and national security(Virendra Singh Gosain/HT PHOTO)
Updated on Mar 20, 2019 08:21 PM IST
ByRajeev Mantri

EWS quota: Narendra Modi’s move to curb the ills of identity politics

India has reiterated the principle that economic backwardness in and of itself is a sufficient criterion for government-mandated affirmative action; it is not social identity alone that determines welfare need.

Bharatiya Janata Party (BJP) workers carry flags past a poster of Prime Minister Narendra Modi during an event to celebrate the reservation bill passed in the Parliament, Mumbai, January 10.(AFP)
Bharatiya Janata Party (BJP) workers carry flags past a poster of Prime Minister Narendra Modi during an event to celebrate the reservation bill passed in the Parliament, Mumbai, January 10.(AFP)
Published on Feb 11, 2019 07:31 AM IST
ByRajeev Mantri and Harsh Gupta
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