Opposition to the inheritance tax defies political and economic logic. It can only be justified on grounds of difficulty of collection and administration.
The national discourse gains when the Opposition rises to a critical national challenge, such as of chronic unemployment, with constructive ideas. Whoever forms the government after the national election will find useful ideas in the Congress party s manifesto.
A wheelchair shortage as a potential cause of a chain of events leading to a lost life is hard to accept in one of the fastest growing aviation markets in the world.
The current rally in their stock prices could have been far bigger and longer-lasting if the UPA government’s reforms in energy-product prices had been made real and not reversed in practice by the BJP government.
The upcoming budget speech on 1 February will send out a clear signal about the government sticking with the commitment to reduce the fiscal deficit to 4.5% of GDP by FY26.