Amit Dave / Reuters
Enhancing scale and improving efficiency of infrastructure and services delivery in rural areas has been accorded due importance in the Union budget 2017-18, along with a definitive move to transition...
06/02/2017 12:27 PM IST
Amit Dave / Reuters
India is witne ing a silent revolution that will transform the country in the coming years, especially with the advent of the JAM (Jan Dhan, Aadhaar, Mobile) Trinity over the past two years, and the t...
25/01/2017 11:22 AM IST
Danish Siddiqui / Reuters
The Reserve Bank of India's policy action of no rate reduction is a reflection of its confidence and conviction that the impact of demonetisation on the economy will only be transitory in nature. Furt...
08/12/2016 12:03 PM IST
Adnan Abidi / Reuters
I emphatically welcome the government's decision to demonetize ₹500 and ₹1000 currency notes in circulation in the economy as bold and revolutionary, and one that will have tectonic impact on the ubiq...
10/11/2016 4:30 PM IST
Paper Boat London
In the last decade, India has witne ed mixed periods of economic growth, with the country recently retaining its tag of being the fastest growing economy in the world. However, this neo-liberal approa...
14/10/2016 2:36 PM IST
AFP/Getty Images
This one decisive move will unify India’s tax architecture, make manufacturing efficient, boost ease of doing business and usher in a virtuous growth cycle in India for several decades up to 2050.
05/08/2016 12:45 PM IST
Bloomberg via Getty Images
For how long can India afford to depend on the vagaries of the monsoons to determine its growth? Let not the bountiful rains this year give us the easy option of postponing the challenge of ensuring India’s water security for an uncertain future. We have to commit to the basic 5 Ps of water management in India.
22/07/2016 4:22 PM IST
Paper Boat London via Getty Images
India may emerge as the "must invest destination" among emerging markets for strategic and financial investors in the wake of global uncertainty.
30/06/2016 8:28 AM IST
ASSOCIATED PRESS
In the Reserve Bank of India's second bimonthly policy review, RBI governor Raghuram Rajan decided to adopt a cautious stance and maintain the status quo despite a compelling case to cut interest rates amidst a favourable monsoon outlook, consumer price index (CPI) inflation in line with the RBI's projected path, the government's progressive reforms, fiscal consolidation and the need to nurture growth.
08/06/2016 12:08 PM IST
ASSOCIATED PRESS
It is with a "balanced growth" lens of ensuring "sustainable economic development" that I prefer to look at Modi's two years in office. Many of the Prime Minister's schemes and missions have collectively set the right tone from a balanced growth perspective, including, among others, the 175 GW solar mission, the Swachh Bharat Campaign, the GiveItUp LPG Scheme, Jan Dhan, and Aadhaar. However, all great plans must be executed, which requires a fully functioning Parliament...
02/06/2016 4:56 PM IST
Tuul and Bruno Morandi via Getty Images
The production of handicrafts is (after agriculture) the largest source of income among rural populations -- an estimated 11.65 million Indians were engaged in craft production in 2013. This is expected to grow to 13.93 million in 2017 and 17.79 million in 2022. Data from unofficial sources indicates that up to 200 million artisans depend on their crafts for a livelihood, suggesting the need for a more rigorous mapping and understanding of the sector.
23/05/2016 8:13 AM IST
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In addition to being the world's fastest growing economy, India also offers the fourth largest ecosystem for start-ups, driven by an extremely young, diverse and inclusive entrepreneurial landscape. I firmly believe that India is going to be revolutionized by the DICE (Design, Innovation, Creativity, Enterprise)-led entrepreneurial economy.
21/03/2016 11:31 AM IST
schleicher.hannes via Getty Images
Reviving the agrarian economy, which has seen distress on the back of two consecutive droughts, has been the fulcrum of the Budget this year, with a total allocation of ₹87,700 crore for rural development. The FY17 Union Budget has also clearly been guided by the principles of <em>saamaajik vikas</em> or social development.
29/02/2016 7:19 PM IST
Tuul and Bruno Morandi via Getty Images
For a behemoth organization like the Indian Railways, it is always difficult to create immediate short-term wins, as the revenues, investments and processes are relatively inflexible. In this light, we must credit the Minister for delivering on more than 139 promises which were made in last year's Budget, but also laying out a very clear three-pillared strategy for reorganizing, restructuring and rejuvenating the Indian Railways.
25/02/2016 10:54 PM IST
Photo by Bhaskar Dutta via Getty Images
I am confident that the right fiscal action, coupled with the turnaround in the global economy, will boost India's economic and industrial growth to the next level, and make 2016 India's year. Here are 10 recommendations that could be instrumental in this regard.
18/01/2016 2:59 PM IST
Adam Gault via Getty Images
The primacy of economic development in governance and progressive reforms to facilitate investments are hallmarks of the Narendra Modi-led government. Legislative facilitation is crucial to provide further impetus to this growth momentum. The ongoing Winter Session is all the more significant because of key bills that will come up for consideration before lawmakers. Among these, legislations on Goods & Services Tax (GST), real estate regulation, MSME and labour reforms stand out for their long-term economic impact.
11/12/2015 1:56 PM IST
While previous talks have left much to be desired, both the countries need to rethink their strategies and engage in some out-of-the-box thinking towards setting an example of how to lead the world economy through multilateral as well as bilateral ties. As PM Modi completes his second visit to the West Coast and Silicon Valley, India and the US need to address five specific issues, which in turn can assure investors.
09/10/2015 8:17 AM IST
ASSOCIATED PRESS
Marked divergence of opinion across the political spectrum, especially on economic matters, has become a characteristic feature of our democracy. This has polarized our domestic polity to the extent that legislative proceedings of the monsoon session are now in a logjam and passage of key economic bills are held up. Estimates indicate that the national exchequer is losing Rs 2 crores a day due to parliamentary disruptions.
06/08/2015 8:20 AM IST
ASSOCIATED PRESS
Even as we credit the government's accomplishments in its first year of office, it is imperative that we realise that structural changes to a country's socio-economic fabric do not materialise overnight. There has been some scepticism of late, but on the whole most stakeholders will need to be patient so long as the direction of change remains positive.
19/05/2015 8:03 AM IST
Hindustan Times via Getty Images
The endowment of strong political mandate makes it imperative for the NDA government to accord top priority to reignite economic growth momentum using fiscal levers in a fortuitous environment of soft global commodity prices.
26/02/2015 12:46 PM IST
