Corruption: Funding of Elections Charan Singh, Manas Khanna and Kartik Mittal suggest measures to curb influence of unaccounted money in political funding

On November 8, 2016, the Central Government demonetized 86 percent of the total Indian currency in circulation, worth INR 15.4 trillion. This landmark decision was aimed at attacking corruption and tackling the black money menace, which has been a long standing challenge for the country. Demonetization, in fact, was just another step in a series of initiatives taken since 1946. The government has been enforcing corrective measures ranging from Voluntary Disclosure Schemes and policy reforms to setting up of institutional bodies for improving accountability and transparency, but with a limited…

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Untangling India’s GST Based on their research, Charan Singh , Shreya Agarwal and Itee Ashok have created a list of suggestions that can increase the adoption and acceptance of GST in India

  22 January, 2018: The fiscal policy of India took a monumental turn on July 1, 2017 as the government implemented Goods and Service Tax (GST). The discussion on this reform started nearly two decades ago, inspired by positive empirical evidence from nearly 160 countries around the world, including advanced, emerging and developing economies. India adopted a dual GST structure based on a pragmatic federal relationship that requires both the Centre and States to play a crucial role in determining GST rates. The GST Council has been able to successfully pass…

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