Prasanna Mohanty, Author at Centre for Financial Accountability

Modi’s ‘Namak’ and the Politics of Welfarism

Photo credits: Purnima Sharma/Twitter One of the striking factors in the BJP’s electoral win in the just concluded elect...

Article

Central flaw in the budget: Irrational reliance on the trickle-down theory

The Prime Minister perfectly summed up his government’s approach to the budget and the underlying economic thinking whil...

Finance General Indian Economy Union Budget

Article

Why low tax for the rich means high tax & lower Govt support for the poor

The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to wha...

Finance General Indian Economy

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March 14, 2022

Prasanna Mohanty

Modi’s ‘Namak’ and the Politics of Welfarism

Photo credits: Purnima Sharma/Twitter One of the striking factors in the BJP’s electoral win in the just concluded election in five states is the role welfarism played in overcoming anti-incumbency. Ground reports and political analysts have reported and commented on this. The post-poll survey of Lo...

Finance General Indian Economy

Article

February 18, 2025

Prasanna Mohanty

Central flaw in the budget: Irrational reliance on the trickle-down theory

The Prime Minister perfectly summed up his government’s approach to the budget and the underlying economic thinking while briefing his party workers a day after the budget. He said: “When the government incurs such a huge expenditure, it will bring more investment, expand modern infrastructure, and ...

Finance General Indian Economy Union Budget

Article

February 18, 2022

Prasanna Mohanty

Why low tax for the rich means high tax & lower Govt support for the poor

The Indian tax system has been regressive for long with direct tax contributing less than indirect tax – contrary to what happens in developed economies. It is also known that tax incentives benefit corporates making higher profits than those who make lower. Both turn the cardinal principle of abili...

Finance General Indian Economy

Article

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