Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f801dd546b2-trace').style.display = (document.getElementById('cakeErr67f801dd546b2-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f801dd546b2-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f801dd546b2-code').style.display = (document.getElementById('cakeErr67f801dd546b2-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f801dd546b2-context').style.display = (document.getElementById('cakeErr67f801dd546b2-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f801dd546b2-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f801dd546b2-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 37116, 'title' => 'The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha', 'subheading' => '', 'description' => '<div align="justify"> -Livemint.com<br /> <br /> <em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /> </em><br /> Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /> <br /> The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /> <br /> The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /> <br /> The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /> <br /> Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /> <br /> And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /> <br /> Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 31 July, 2018, https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685234, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37116, 'metaTitle' => 'LATEST NEWS UPDATES | The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha', 'metaKeywords' => 'Economic Development,Economic Growth', 'metaDesc' => ' -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic...', 'disp' => '<div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. 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He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37116, 'title' => 'The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha', 'subheading' => '', 'description' => '<div align="justify"> -Livemint.com<br /> <br /> <em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /> </em><br /> Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /> <br /> The first was the savings constraint. 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He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /> <br /> Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 31 July, 2018, https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685234, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37116 $metaTitle = 'LATEST NEWS UPDATES | The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha' $metaKeywords = 'Economic Development,Economic Growth' $metaDesc = ' -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic...' $disp = '<div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /><br />The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /><br />The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /><br />Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Indian economy's changing growth constraints -Niranjan Rajadhyaksha | Im4change.org</title> <meta name="description" content=" -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Indian economy's changing growth constraints -Niranjan Rajadhyaksha</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /><br />The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /><br />The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /><br />Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37116, 'title' => 'The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha', 'subheading' => '', 'description' => '<div align="justify"> -Livemint.com<br /> <br /> <em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /> </em><br /> Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /> <br /> The first was the savings constraint. 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India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Indian economy's changing growth constraints -Niranjan Rajadhyaksha | Im4change.org</title> <meta name="description" content=" -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Indian economy's changing growth constraints -Niranjan Rajadhyaksha</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /><br />The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /><br />The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /><br />Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /> <br /> The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /> <br /> The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /> <br /> Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /> <br /> And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /> <br /> Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 31 July, 2018, https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685234, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 37116 $metaTitle = 'LATEST NEWS UPDATES | The Indian economy&#039;s changing growth constraints -Niranjan Rajadhyaksha' $metaKeywords = 'Economic Development,Economic Growth' $metaDesc = ' -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic...' $disp = '<div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /><br />The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /><br />The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /><br />Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. &ldquo;The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary&rdquo;, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | The Indian economy's changing growth constraints -Niranjan Rajadhyaksha | Im4change.org</title> <meta name="description" content=" -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>The Indian economy's changing growth constraints -Niranjan Rajadhyaksha</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /><br />The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /><br />The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /><br />Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency.<br /><br />And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence.<br /> <br /> The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry.<br /> <br /> The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment.<br /> <br /> Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. 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He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month.<br /> <br /> Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /> </div>', 'credit_writer' => 'Livemint.com, 31 July, 2018, https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'the-indian-economy039s-changing-growth-constraints-niranjan-rajadhyaksha-4685234', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 4685234, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 37116, 'metaTitle' => 'LATEST NEWS UPDATES | The Indian economy's changing growth constraints -Niranjan Rajadhyaksha', 'metaKeywords' => 'Economic Development,Economic Growth', 'metaDesc' => ' -Livemint.com The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic...', 'disp' => '<div align="justify">-Livemint.com<br /><br /><em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /></em><br />Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /><br />The first was the savings constraint. 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He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month.<br /><br />Please <a href="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html" title="https://www.livemint.com/Opinion/IUIJ4SXcrWw0bX3XEXBRxI/The-Indian-economys-changing-growth-constraints.html">click here</a> to read more. <br /></div>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 37116, 'title' => 'The Indian economy's changing growth constraints -Niranjan Rajadhyaksha', 'subheading' => '', 'description' => '<div align="justify"> -Livemint.com<br /> <br /> <em>The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them<br /> </em><br /> Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints.<br /> <br /> The first was the savings constraint. 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The Indian economy's changing growth constraints -Niranjan Rajadhyaksha |
-Livemint.com
The job of policy strategists is always to identify the binding constraints to growth and then try to figure out which policies will help ease them Economists of a certain vintage will remember the old development models in which rapid economic growth was held back by three key constraints. The first was the savings constraint. A poor country such as India could not save enough of its annual national income to sustain high rates of investment. The lack of domestic savings was without doubt the most serious constraint to economic growth in the early decades after political independence. The second was the foreign exchange constraint. This lack of hard currency to import the capital equipment needed to build new industrial capacity led to the Nehruvian quest to build a domestic capital goods industry ahead of a consumer goods industry. The third was the food constraint. The Mumbai critics of the Mahalanobis plans had warned that the impact of the lack of wage goods would be inflationary as money incomes went up. The mainstream plan models optimistically considered agriculture as a bargain sector in which production could be increased with minimal investment. Each of these constraints has eased as the decades went by. India now has a savings rate that compares well with those in the East Asian economies during their economic accelerations. Foreign exchange is no longer scarce; the Reserve Bank of India has a huge pile of hard currency. And what about the food constraint? In some of his recent writings in The Indian Express, Harish Damodaran has put forth a fascinating hypothesis that Indian agriculture has now entered a new era of permanent surpluses. He argues that new seeds plus faster diffusion of new technology has changed the traditional dynamics of production in crops ranging from pulses to vegetables to sugar to wheat. “The flip side of a more elastic supply curve, however, is that it makes gluts commonplace and shortages temporary”, Damodaran wrote last month. Please click here to read more. |