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Praveen Chakravarty
Articles by Praveen Chakravarty

To call demonetisation a political success is not accurate

The notion that the note ban is an economic failure but a political success is a deeply flawed one

People queue up outside the RBI in New Delhi to submit their demonetised bank notes on last day of currency exchange in New Delhi, March 31. In India’s notorious first-past-the-post system, winning an election does not necessarily reflect increased popular support.(Ravi Choudhary/HT PHOTO)
Updated on Dec 05, 2017 06:11 PM IST
ByPraveen Chakravarty

PM Modi’s reasoning for simultaneous elections stands on weak ground

India’s elections are neither as expensive as it is thought to be nor does it have to be as disruptive to national governance as it is made out to be. On the other hand, simultaneous elections can have tangible costs of reduced autonomy for states, potentially altering voter behaviour and locking in the voter for five years.

There is clear empirical evidence that a majority of voters tend to choose the same party when elections are held simultaneously to both the Centre and the state(Arun Sharma/HT PHOTO)
Updated on Aug 31, 2017 12:22 PM IST
ByPraveen Chakravarty

Cap on GST must to curb widening economic inequality in India

Avoid generating higher tax revenue through indirect taxes that hit the poor the hardest, write Ajit Ranade and Praveen Chakravarty

There has been a 127% increase in petrol taxes and a 386% increase in diesel taxes — both indirect taxes — in a span of 15 months. To be sure, there can be perfectly justifiable econ-omic and fiscal reasons for these increases but that is not the point here.(Shankar Mourya/ Hindustan Times)
Published on Feb 19, 2016 10:08 PM IST
ByAjit Ranade and Praveen Chakravarty
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