A recent EY-CII report underscores India’s potential to attract more FDI and lists measures that can quicken the pace of dollar inflow
The fact is the ‘reforms’ carried out in Lakshadweep would not have happened in Tamil Nadu or Rajasthan or Assam — simply because an elected government needs to return to its constituents every five years
Modi has reasserted that he wishes to go down in history as the harbinger of change. The bureaucracy needs to align its focus with that of the government’s agenda for change
It is strange that the current Congress leadership should decry the role of corporates when its own government in 1991 made the economy leapfrog, thanks to decisive liberalisation measures that unshackled entrepreneurs
The government no longer thinks it’s necessary to camouflage reforms. That is a momentous change
A 2019 report by Common Cause found that a third of policemen had experienced political pressure while investigating a crime and two thirds felt that the cost of incurring the wrath of the political masters was transfer
A huge change to urban local bodies can be expected if the powers enjoyed by the district magistrates during the lockdown are transferred to the mayors
The market needed steroids and what the FM delivered are homoeopathic medicines
These reforms will not only professionalise the entire value chain but also allow the farmer to access both capital and technology to modernise farming.
The IMF’s World Economic Outlook database forecasts that India’s GDP growth will be well short of 8 per cent even by 2024. To beat this rather depressing forecast, it’s time for radical reforms
Countries with a large informal sector benefit the most from reform
While the Budget has several things going for it, the budgetary arithmetic is to be taken with a pinch of salt
The case for fiscal stimulus is well presented. But that’s not all. For India to become a $5 trillion economy by 2024, doubling down on fiscal reforms cannot be overstated
With the BJP government back in the saddle, stability is assured. And this hopefully translates into an ability to take firm -- and correct -- decisions.
The BJP has been voted back to power at a time when the overall economic growth is slowing with no visible sign of a cyclical recovery.
New investment proposals in 2018-19 stood at a 14-year low, primarily attributable to a dip in the share of private sector investments.
A balance between efficiency, productivity and equity will be critical for sustaining economic growth.
Whichever government comes to power must fast-track reforms to spur growth
The new government would need to prepare a roadmap for implementing regulatory reforms that will enable India to attract investment and build businesses.
It is a reflection of the sad state of affairs in Indian public sector banking that the government/external agencies have to hand hold lenders to ensure that basic hygiene is followed when extending loans.
The way the idea of basic income support has caught public and political imagination in India is fascinating.
India is looking to double farmer income by the 2022, a plan which many experts feel is ambitious. Yet, with proper implementation of rural reforms, the target may still be within reach.