Introduction Prime Minister held a review meeting of the planning since independence that India has seen. He also took a review meeting of the last 18 months of performance of Niti Ayog, the institution which took over fromplanning commission. The whole purpose of the review was to identity the good points and the weak points… Continue reading 15 years Vision Document of Niti Aayog.
A new book, The Great Invention by Ehsan Masood, unveils the genesis of the Gross Domestic Product (GDP) and how it shaped the modern economic paradigm. It comes at a time when a growing number of people are questioning this flawed metric. Is GDP a true and accurate measurement of growth? Exclusive excerpts from the… Continue reading Debate: Is GDP a true and accurate measurement of growth?
Article Link Summary: Prime Minister Modi, in a recent interview, indicated that his focus was to create a third sector—the personal sector—other than farms and factories wherein a person turns into a job provider through entrepreneurship rather than a job-seeker in the other two sectors. This statement assumes significance as it has many policy implications… Continue reading Measuring Mudra’s success
Livemint Issue: The paramount measure of power in the 21st century is connectivity, specifically to global infrastructure networks, trade flows, capital markets and the digital economy. India is now getting connected in each of these arenas and is thus taken much more seriously as a long-term pillar of the global system. India in its neighbourhood:… Continue reading With connectivity comes growth
The Hindu 25th anniversary of the 1991 reforms approaches, it would be legitimate to take stock of what has been achieved. The crisis of 1991 In 1991, the focus of the reforms had been on trade, exchange rate and industrial policies. This had everything to do with the immediacy of the balance-of-payments crisis the economy… Continue reading The ease of living in India: 25th Anniversary of 1991 Reform
Asia-Pacific Human Development Report just released by UNDP says that by 2050 more than 280 million people will enter the jobs market in India, a 33 per cent increase from current levels—but let us have a look at the numbers: 5 million New non-agricultural jobs were created annually between 1999-2000 and 2004-2005 An additional 7.5… Continue reading Jobs & Economic Growth
Importance of Indian Port The Indian port sector plays a vital role in sustaining growth in the country’s trade and commerce. It also has an important role in fulfilling India’s dream of achieving greater global engagement and integration with its trading partners. Much of India’s port-led development initiative is expected to revolve around growth in… Continue reading Facilitating trade in Indian ports
Summary: India’s income tax department recently released time series data for the period 2000-01 to 2014-15. This was an attempt to enhance transparency and encourage analysis which could provide insights for policymakers. This is also being seen as an attempt by the government to sensitize many on the need for the affluent to contribute more… Continue reading A taxing agenda
Centre’s nod for NIMZ in Medak The government has granted the final approval to the National Investment and Manufacturing Zone (NIMZ) at Zaheerabad in Medak district, Telangana. The estimated total investment by the manufacturing industry by the end of the ultimate phase of the NIMZ’s development is Rs.17,300 crore and the employment generation is about… Continue reading Centre’s nod for NIMZ in Medak
Livemint Issue Skepticism over the role of micro, small and medium enterprises (MSMEs) in the growth. What happened? Recently, the official figures have highlighted the enlarged size and faster growth of the private corporate sector in its new series. Critics’ take on this Critics claim this is the result of using the ministry of corporate… Continue reading The truth about India’s growth