YajnavalkyaPotential value of minority stake sale in PSUsIf the government sells its equity stake in PSUs while keeping 51% ownership, it can potentially raise over Rs. 10 trillion at today’s…6d ago6d ago
YajnavalkyaFiscal glide path scenariosThe 2024–25 budget is pencilling in a growth of only 13% in direct taxes. But direct tax growth has been way more robust in the previous…6d ago6d ago
YajnavalkyaSome quick math on economics of DFCsSome quick math on DFCs which i will update as I get more information.Jul 22Jul 22
YajnavalkyaUseful sites for economic dataGonna maintain a list of useful webistes for economic data.Jun 29Jun 29
YajnavalkyaThe long, hard road to Railway redemptionI have been meaning to write a detailed post about the Railways financials and how structurally broken the business model is. I have done a…Jun 24Jun 24
YajnavalkyaModi-3 and the fruits of fiscal TapasyaModi does the unthinkable — goes to polls with a non-populist (revdi-free) budgetApr 141Apr 141
YajnavalkyaIndian Muslims and the partition voteThe 1946 vote and the Muslim mandate for partitionFeb 43Feb 43
YajnavalkyaRandom musings on the interim budgetI flooded the TL with tweets on the budget today. Putting it all together in one place for future reference.Feb 1Feb 1
YajnavalkyaPart III: Modi’s fiscal masterclass — the big pictureAlright, now we get down to the numbers. Here, I analyse Modi’s fiscal management at a high level for the period 2019–20 to 2023–24. Keep…Jan 7Jan 7
YajnavalkyaPart I — Modi’s fiscal masterclassFiscal management has been one of the most critical factors for evaluating the central government’s economic governance as far back as I…Jan 7Jan 7