Topic: Government
January 22, 2025
India’s Growth Targets: Plan in INR
IMC Journal (opens a pdf) GDP targets set in terms of a foreign currency can lead to unintended consequences: India must consider setting growth goals in its own currency India has experienced...
December 02, 2024
IVCA GreenReturns Summit, 2024 – New Delhi
The inaugural two-day Indian Venture and Alternate Capital Association (IVCA) GreenReturns Summit 2024 in Delhi on Dec 2-3 features a stellar set of speakers and panels The event covers a wide...
October 18, 2024
Green transition: Reducing the cost of capital
Financial Express The capital stack of green transition industries will continue to evolve as industries mature Reducing the cost of capital requires smart financial engineering Green...
October 08, 2024
Singham of Kashmir
Book review of “Kashmir Under 370” by Mahendra Sabharwal, ex-DGP, J&K Amazon link to the book “Kashmir Under 370” is a very unassuming title for a book that has rich details on the...
October 08, 2024
SC Garg’s Explanation and Commentary on the Budget 2024-25
Book review Link to the book on Amazon There used to be the Nani Palkhivala lectures on the Indian Budget Thirty years after they ended in 1994, a new annual series of books by former Finance...
September 18, 2024
Mumbai’s Road to Resilience: Managing in a Climate Crisis
IMC Journal (opens a pdf) I am anxious I am anxious about traffic jams Every year in the winters, I drive between 2,000 and 4,000 kilometers across India The most stressful thing about a drive...
May 20, 2024
The many insights from India’s toll analysis
Financial Express Once a dataset is released to the public, the ability to derive insights is limited only by imagination We detail our learnings from analyzing India’s tolls Akhilesh Tilotia...
April 08, 2024
NIIF – Monthly Economic Reports on India
When I joined the sell-side as an analyst two decades ago, maintaining databases, converting them to good-looking charts, and writing a basic headline was a full-time (well paying) job That drudgery...
March 19, 2024
Union Finances: Budgeting for long-term macro stability
IMC Journal (page 7; opens a pdf) Long-term trends on revenues, expenses, and debt of Union government show (a) India’s path from subsidies to capex, (b) a more conservative fiscal stance,...
February 18, 2024
INR: It’s now relatively stable
Financial Express India’s currency has remained relatively stable – and is forecasted to remain so INR strength can unlock significant capital flows Over the course of last year,...
November 17, 2023
Climate investments require ‘equity’
The Financial Express Social and financial sectors approach equity in climate investments very differently: a shared understanding can unlock human and financial capital Sometimes the...
August 18, 2023
Building on India’s digital data stack
India’s digitalization drive is now spewing copious amounts of data – this can form the backbone of granular understanding and grand policy design The Financial Express An...
June 17, 2023
Mobilising Climate Finance Through Long-Term Currency Swaps
Akhilesh Tilotia and Jayant Sinha The Economic Times The global South requires trillions of dollars of private sector investments every year in climate mitigation, adaptation, and...
June 08, 2023
Green finance: Calibrating capital and regulations for different stages
Financial Express Climate adaptation, mitigation, and resilience require trillions of dollars of financing Green finance has hence caught the attention of companies, investors, regulators,...
December 19, 2022
Building a pipeline of urban infrastructure projects
The Financial Express ($) Over the last month, two important reports on urban India came out in quick succession: The World Bank’s report on “Financing India’s urban infrastructure...
June 23, 2022
Net Finance – A companion to Net Zero
The Financial Express India made five commitments at COP26: (1) it will increase its non-fossil energy capacity to 500 GW by 2030; (2) it will meet 50 percent of its energy requirements...
April 17, 2022
Fiscal considerations of the Green transition
State of public finances has a direct impact on Green policies that Government can pursue – the range of policy options gets shaped by the need for more revenues or the ability to spend...
February 15, 2022
India’s Union Budget FY2023 – Impetus for investments and capex
Financial Express Indian government presented an investment-oriented budget with a focus on getting future ready Increasing public investments and capital expenditure are expected to take...
January 12, 2022
Sequestering the fiscal bounty
The notional ‘saving’ of ~Rs 1 lakh crore on the fiscal deficit front offers India an opportunity to create a fund to deal with climate change Financial Express Fiscal year...
July 21, 2021
India: Getting ready for global macro resets
Second wave of Covid-19 is now behind us Localized lockdowns are opening, economic activity is coming back to pre-pandemic levels, and vaccinations are now proceeding apace with large, assured...
July 12, 2021
Urban development and green finance: Blending two mega trends
Financial Express Writing on LinkedIn recently, Hon’ble Prime Minister Shri Narendra Modi said, “The 15th Finance Commission and several academics have emphasised the crucial importance...
May 03, 2021
Modelling the vaccine market in India
A new chapter has opened up in India’s fight against Covid-19 with three big changes in April Starting May, vaccines are now available for all adults in India The central government is no longer...
April 25, 2021
‘Moving epicenters’ – preparing India for future waves of Covid
India faced a severe second wave of Covid-19 – actionable public policy recommendations to prepare ourselves better An unexpected, unprecedented 16X surge Around end March 2021,...
October 26, 2020
Larger incomes to tax or larger taxes on incomes?
Budget 2020 cares for people’s economic aspirations, says Axis Bank’s Akhilesh Tilotia India’s response to its dilemma will determine whether budgets of the next decade will have...
October 08, 2020
Finding investors for State debt
As States issue more debt, finding the investors who will subscribe to the issue will require expanding the current pool of investors and making the investment more lucrative While there...
September 10, 2020
Getting the vaccine to a billion plus people
India can learn a lot from its experience in managing cash – getting a billion people what they need can be planned effectively A vaccine for Covid-19 is expected to come sometime over the...
February 01, 2020
Larger incomes to tax or larger taxes on incomes?
Budget 2020 cares for people’s economic aspirations, says Axis Bank’s Akhilesh Tilotia India’s response to its dilemma will determine whether budgets of the next decade will have...
December 12, 2019
State finances: Finding the monies
As the Centre and States try to find GST compensation cess monies, it is time to look beyond the present, to see how the future could unfold for State finances The financial relationship...
