-Livemint.com * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in India’ initiative with the ambitious vow of...
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Jaitapur: A risky and expensive project -Suvrat Raju & MV Ramana
-The Hindu Unless the government is transparent about details, it will be engulfed in yet another controversy In December, the French company Électricité de France (EDF) submitted a “techno-commercial proposal” to the Indian government for the Jaitapur nuclear power project in Maharashtra. The idea of importing six nuclear European Pressurised Reactors (EPRs) was initiated by the United Progressive Alliance government more than a decade ago, but the project had made little progress...
More »Backdated GDP series and future growth -Ashima Goyal
-The Hindu Business Line The new series data cannot really be faulted. But it is important not to repeat the policy mistakes that hit industrial growth The 2011-12 base backdated GDP series led to much discussion. The reduction in past growth rates gave them a political colour. It is unfortunate if the independence of the CSO and associated experts is questioned just because of this coincidence. A rebasing that uses much richer...
More »Why parties prefer freebies to investments in election manifestoes -Ashok Gulati
-Financial Express It is the season of promising freebies to lure voters. Congress leads in these promises. It has promised a loan waiver in Chhattisgarh within 10 days of coming to power; and the hiking of minimum support price (MSP) of paddy to Rs 2,500/quintal, up from Rs 1,750/quintal, a 43% raise over the already increased MSP of paddy. In Madhya Pradesh, it has promised a loan waiver of up to...
More »Camel milk is gaining popularity. Could it be an alternative for dairy market? - Smitha Verma
-Financial Express From camelccino to camel milk chocolate, there’s no dearth of delicacies on offer. Camel milk is in the news. And hailing its virtue is none other than Prime Minister Narendra Modi. Addressing a gathering of farmers in Anand, Gujarat, in October, Modi narrated how he was ridiculed for describing camel milk as nutritious once. It was during his stint as chief minister of Gujarat that he had tried promoting camel...
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