Category: FEATURED

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…

  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…

Digital Transformation (DT) is a prime subject of discourse – and hyperactivity – across organizations. It’s on top of the CXO agenda. Key industry analyst firms and consulting firms advise organizations to ramp up DT initiatives to stay relevant. What makes DT so profound that hardly any technology conferences can go without discussing this buzzword? First, let’s be clear on the widespread misconception: Digital Transformation is NOT the same as Digitization. Digitization is more about getting house in order by standardizing processes and tools. The main objective of digitization efforts…