Unorganised Sector: Falling Fortunes

Unorganised Sector: Falling Fortunes The pressure-cooker manufacturer Prestige reported soaring profits last year, as did its primary rivals in the cookware market. But the good news for these companies came with bad news for the economy. The chairperson of Prestige told The Hindu that increased profits had come hand in hand with a fall in…


Budget 2019: Neither Interim, nor Substantial

Budget 2019: Neither Interim, nor Substantial In a pre-election budget speech filled with propaganda about the supposed developmental achievements of the Narendra Modi government, acting finance minister Piyush Goyal read out a text that both window-dressed the revised estimates and violated all norms that should apply to an interim Budget.   Even while engaged in…