Economic Reforms

The framework will likely lead to greater public-private partnerships in infrastructure projects and policies incentivising private investment proposals among others

In death, Manmohan Singh has managed what he couldn’t in life – a fair appraisal in the media

When it came to assessing Dr Singh’s performance, most of us whose reporting careers tracked Dr Singh’s political career were guilty of judging a book by its cover

When Manmohan Singh called himself as ‘Accidental Prime Minister’ and ‘Finance Minister’

Former Prime Minister Dr Manmohan Singh, who passed away on December 26, was an acclaimed thinker, economist and scholar who ushered in a comprehensive policy of economic reforms and steered the country for 10 years as the head of Congress-led UPA government during which India witnessed a high growth rate. After the launch of his book ‘Changing India’, he said that he was not only an ‘accidental prime minister’ of India but also the country’s accidental ‘finance minister'.

Tributes Pour As Former Prime Minister Manmohan Singh Passes Away At 92

Former Prime Minister Dr. Manmohan Singh, renowned for his intellect and transformative initiatives, passed away at 92. He served two terms as PM and made significant contributions to India's economic reforms and social welfare programs. He was also a distinguished academic and administrator.

Manmohan Singh: The leader who ‘opened up’ the Indian economy

Much has been written about Singh’s role in India’s economic liberalisation. An economist views Singh through the prism of her profession and highlights that personality traits of leaders have an impact on a country’s economic trajectory. Manmohan Singh was indeed one of a kind 

Independence Day: 'Our commitment to reforms not limited to pink paper editorials only,' says PM Modi

PM Modi said that the reforms introduced by his government in the last 10 years were driven by a commitment to strengthen the nation rather than garner headlines.

Uncertainty rears its head on the reforms front

Unwavering pursuit of productivity-enhancing reforms over the next 5 years and beyond are needed to take average real GDP growth to over 7.5 percent, over the medium to long term 

Govt working on SEZ reforms, says commerce secretary

Stating that the target of achieving USD two trillion exports by 2030 is possible, Barthwal said that USD one trillion will be forthcoming from merchandise exports and another USD one trillion from services.

How India transformed in less than a decade: Morgan Stanley shows in 10 points

Morgan Stanley Research highlights 10 big changes, mostly because of India's policy choices, and their implications for its economy and market.

Time to delink political risk management from economic reforms

The Centre would do well by beginning a structured consultative process to reform the farm sector. Besides, setting the ball rolling, it will also signal the government’s intent to walk the talk on its reforms agenda

In PM Narendra Modi’s economic policies, both Karl Marx and Adam Smith are out of date

After nearly eight years of his tenure, it is becoming increasingly clear to the Opposition that the policies of the Narendra Modi government works at two levels: welfarism above the line, and systemic reforms beneath the surface 

Reforms can immunise Indian economy against shocks in 2022

There is no substitute for unrelenting efforts towards GDP growth. It is the antidote that will reduce inequality and raise living standards

Government’s resolve on agriculture reforms will be tested in 2022

From working out the modalities of a floor price for agricultural produce to tackling rising commodity inflation while balancing the needs of end users and farmers, ensuring high productivity to contain food prices and putting in place a robust supply chain infrastructure, the government has its task cut out

New public project reforms are bold, but execution holds the key

Of the 1,670 mega and large projects (worth Rs150 crore and above) monitored by the Ministry of Statistics & Programme Implementation (MoSPI), nearly 438 reported a cost overrun of about Rs 4.3 trillion (lakh crore) till September

NARCL a game-changer for India's bad debt resolution

Plugging the long-standing gap between policy intent and action, the government has displayed a firm resolve to expedite the recovery process of the banking sector

Bad Bank Plan | NARCL is a novel approach to address the NPA crisis

The larger issue now is the efficacy of the NARCL and its ability to resolve assets. So far, there is no convincing record of effective resolution, and none of the parameters and timetables under regulations have performed

Insurance | Private participation will improve sector performance, boost deals

Greater private participation will lead to an increase in competition, better pricing of insurance products, and the introduction of innovative products. This will enhance the choice for policy holders, and may also lead to greater FDI inflows into the sector 

The Green Pivot | Scrappage policy: road to a new automotive ecosystem

Scrapping vehicles requires huge investments in infrastructure for evaluation, testing, scrappage and reuse

PM asks Indian industry to take risks, but government must also spend more

If Indian industry has been managing well what it already has on the ground and not undertaking large scale fresh investment, then the answer lies in the absence of bright overall growth prospects

30 Years Of Reforms | What does the report card look like?

India needs to cleanse itself of the socialist brainwash over the decades and step into the freedom of personal choice in regulated markets with little scope of rent-seeking by the powers that be 

What 1991 missed—political reforms

Economic liberalization was left incomplete without political reforms. In fact, political reforms should have gone hand in hand with economic reforms

30 years later, the reforms journey continues

Thirty years since 1991, Prime Minister Narendra Modi has finally initiated another mega-round of reforms that rival the 1991 reforms in their scope; most importantly, farm laws and labour codes 

Three decades of reforms and still miles to go

The progress made so far appears patchy and reluctant. Comprehensive and constitutionally-enforceable policies for sustainable development and digital commerce need to be evolved and implemented earnestly, at the earliest 

30 Years of Reforms | Change was in the air

Apart from PV Narasimha Rao, who provided the all-important political backing for these reforms, what facilitated the reforms was the unique coming together of a group of like-minded officials 

30 years later, the gaps in India’s financial sector reforms are still glaring

Strengthening financial regulators by granting them more autonomy should be part of the priority areas of the next phase of financial sector reforms