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The Budget of Disappointed Expectations

... tax rate will be reduced from 30% to 25%, which, according to Arun Jaitley , “accompanied by removal of various kinds of tax exemptions and incentives for corporate taxpayers”, should increase tax revenues and the attractiveness of the Indian economy for business, including foreign companies. The external conditions favor economic reforms, but Narendra Modi is more a politician than an economist and is afraid to lose political capital at the very beginning of his term. The new budget puts ...

13.04.2015

analytics

India’s Economy: Back to the Future?

... asked Andrei Volodin, Senior Research Fellow at Eurasian Studies Centre, Institute of Current International Problems’ at the Russian Foreign Ministry Diplomatic Academy, to comment the situation. Are there any concrete plans of transforming the Indian economy on the basis of the experience of the state of Gujarat? What exactly is the new Prime Minister Narendra Modi planning to do? The new Indian prime minister intends to put the administrative apparatus in order. Gujarat has been growing very fast,...

15.08.2014

analytics

Poll conducted

In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)