Arun Kumar is a well-known economist and country's leading authority on the black economy. He has written, studied and lectured extensively on this subject for nearly four decades. He was educated at Delhi University, Jawaharlal Nehru University (JNU) and Princeton University. He taught economics at JNU for three decades and retired in 2015. Kumar's focus areas include public finance, development economics, public policy and macroeconomics. His work has been published widely in these areas, both in the popular press and academic journals. He is currently the Malcolm Adiseshiah chair professor at the Institute of Social Sciences, New Delhi.
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On 1 July 2017, Goods and Services Tax (GST) became a reality. The government hailed it as the biggest tax reform of independent India which would herald a new freedom for the nation and unify it with 'One Nation One Tax'. Some of the claims made ... SEE MORE