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A K Bhattacharya

A K Bhattacharya

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India’s banks show how AI is impacting jobs. Govt must focus on skilling

At HDFC Bank, the number of non-supervisory staff has declined by close to 5 per cent at the end of March 2026. But the strength of supervisory staff...

16.07.2026 10

ThePrint

A K Bhattacharya

Why India’s private sector banks prefer retired civil servants to head their boards

While HDFC Bank plans to appoint Rajiv Kumar as its part-time chairman, two other banks, ICICI and Kotak Mahindra, also have retired IAS officers as...

02.07.2026 20

ThePrint

A K Bhattacharya

Why the US-Iran peace deal doesn’t solve India’s energy vulnerabilities

The expected softening of international crude oil prices in the coming months should not again lull the government into policy inertia or inaction.

17.06.2026 20

ThePrint

A K Bhattacharya

Fiscal discipline needs a new formula. Expenditure pressures to rise in FY27

The fiscal deficit should be contained through a tight vigil on subsidies by allowing necessary increases in retail prices of commodities like petrol,...

04.06.2026 30

ThePrint

A K Bhattacharya

The double whammy India faces—External crisis & fiscal strain

Highly dependent on central devolutions, vulnerable state budgets face a severe squeeze on critical capital expenditure.

20.05.2026 30

ThePrint

A K Bhattacharya

Why PM Modi’s austerity call needs real fiscal teeth

From Modi's recent forex-saving appeals to Shastri and Manmohan Singh, speeches alone won't fix India's economic crisis.

18.05.2026 30

ThePrint

A K Bhattacharya

Why NITI Aayog and EAC-PM should produce reports on where the Indian economy is headed

The EAC-PM and a new-look NITI Aayog can supplement the efforts of the RBI and the finance ministry in improving our understanding of the Indian...

06.05.2026 30

ThePrint

A K Bhattacharya

A perfect storm? High energy prices, the West Asia war, and India’s narrowing fiscal space

Even if there is an early agreement on a cessation of hostilities in Iran, the price shock will not go away easily. Global prices of oil and gas will...

22.04.2026 30

ThePrint

A K Bhattacharya

A perfect storm? High energy prices, the West Asia war, and India’s narrowing fiscal space

Even if there is an early agreement on a cessation of hostilities in Iran, the price shock will not go away easily. Global prices of oil and gas will...

22.04.2026 40

ThePrint

A K Bhattacharya

How will West Asia crisis impact Budget 2026? India can’t repeat Covid mistakes

Finance Minister Nirmala Sitharaman has admitted the enormity of the challenges arising out of the conflict in West Asia, but has said the government...

08.04.2026 40

ThePrint

A K Bhattacharya

Modi govt failed to promote crude oil Atmanirbharata. Don’t let Iran war be a lost opportunity

The government’s supposedly investor-friendly Hydrocarbon Exploration and Licensing Policy in 2016 has failed to yield results. India’s domestic...

25.03.2026 50

ThePrint

A K Bhattacharya

Modi govt organises Rozgar Melas, but vacant posts show its hiring capacity is limited

Before attempting to answer whether the Rozgar Melas are working, it would be useful to take a look at the performance of the Modi govt on this front...

11.03.2026 40

ThePrint

A K Bhattacharya

Nirmala Sitharaman achieved a creditable capex record. Now, troubling questions are emerging

Years of waiting for a revival in private corporate investment is coming to an end. But the government doesn't seem to be taking chances.

11.02.2026 30

ThePrint

A K Bhattacharya

Budget 2026 numbers will be outdated within a month. This was avoidable

Budget 2026 will achieve many firsts, but future ones should be cast in a different mould.

28.01.2026 40

ThePrint

A K Bhattacharya

Debt target to central schemes, expect three significant changes in Budget 2026

The absence of major adjustments in tax rates has meant a decline in general interest in the annual budgets, with less curiosity about what they...

14.01.2026 40

ThePrint

A K Bhattacharya

IndiGo was irresponsible — but so was a regulatory system that failed to act on time

The IndiGo crisis shows it's time to empower the DGCA as an independent statutorily approved regulator and not just as an attached office of the civil...

10.12.2025 40

ThePrint

A K Bhattacharya

Labour Codes to QCO—Modi’s third term looks more open to economic reforms

The last 17 months have seen a gradual deferment of and pushback against schemes that are protectionist by nature.

26.11.2025 30

ThePrint

A K Bhattacharya

Sitharaman’s eighth Budget faces fiscal headwinds — and a calendar dilemma

Barring her first two Budgets, Nirmala Sitharaman has always ended the year with either a lower fiscal deficit figure than what she had projected or...

12.11.2025 20

ThePrint

A K Bhattacharya

Modi govt’s draft electricity bill sparks hope for reform. Don’t let politics short-circuit it

Implementing the ambitious electricity law changes can be easier with the promise of an Electricity Council, which is modelled on the GST Council.

22.10.2025 40

ThePrint

A K Bhattacharya

Capital spending is up—but the quality of Modi govt’s capex surge raises tough questions

Two possible reasons could have caused the rise in the share of loans and advances in the Centre’s capex plan.

08.10.2025 30

ThePrint

A K Bhattacharya

There is a shift in Modi govt’s economic strategy. It comes with some risks

The government’s post-Covid policy was to keep the fiscal deficit under check, rein in its revenue expenditure, and spend more on building...

24.09.2025 30

ThePrint

A K Bhattacharya

Govt must bring pending GST reforms too

The rate rationalisation this time will impact over 420 goods covering a vast range of sectors. The first two exercises to revamp the GST regime were...

10.09.2025 30

ThePrint

A K Bhattacharya

Why the govt’s free food grains scheme must be revamped

The Union department of food and public distribution has asked states to weed out ineligible beneficiaries of PMGKAY by the end of next month. But...

27.08.2025 30

ThePrint

A K Bhattacharya

How GST changed import duty revenue for states—no blame, more profit

The IGST component of total import duty collections is growing faster than that from Customs duty. And states enjoy a larger share in the rapidly...

13.08.2025 20

ThePrint

A K Bhattacharya

Air India crash report shows an institutional reform of AAIB and aviation ministry is in order

The civil aviation ministry could have recognised the enormity of the Air India crash and prepared the AAIB and its investigating team for its...

23.07.2025 30

ThePrint

A K Bhattacharya

Nationalisation to privatisation—what SBI, LIC and Air India tell us about public sector policy

About seven decades ago, the Indian government under PM Jawaharlal Nehru nationalised three major entities. Their journey has one clear message.

09.07.2025 30

ThePrint

A K Bhattacharya

Return of revenue overestimation should be a wake-up call for those managing Indian economy

Among the Budgets Nirmala Sitharaman has presented over the past six years, revenue overestimation was a big problem in the Budget for 2019-20, her...

11.06.2025 30

ThePrint

A K Bhattacharya

India’s record net FDI plunge reveals a troubling trend—outward FDI beats investing at home

The government must find out what constrains Indian companies from exploring the domestic market for investment with the same zeal as they are showing...

28.05.2025 30

ThePrint

A K Bhattacharya

India-Pakistan conflict can hurt Centre’s finances. What are Nirmala Sitharaman’s options?

A minor slippage in the deficit target is preferable to a cut in capex.

14.05.2025 20

ThePrint

A K Bhattacharya