-The Indian Express It has only managed to kill manufacturing and employment growth In the 1950s, misapplied economic policies gave India one of the lowest growth rates in the world for 30 years, and left it behind East and Southeast Asia. Now another set of policies is completing its economic ruin. The architect of this is the RBI and its instrument of choice, the interest rate. Indian business has been begging for a...
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Policy with a farmer’s face -Ashok Gulati
-The Indian Express It is necessary to rescue public policy from its elitist bias, bring agriculture to its centre There is seldom any Independence Day speech where the prime minister, from the ramparts of the Red Fort, does not thank the jawans and kisans for their heroic role in securing our borders and ensuring food security. This year is unlikely to be different. Recall Lal Bahadur Shastri’s famous slogan, “Jai Jawan,...
More »‘India a source, destination, transit country for trafficking’ -Narayan Lakshman
-The Hindu The US Trafficking in Persons report for 2015 said official complicity remained a “serious concern” Unveiling a closely-watched annual anti-trafficking report this week the U.S. State Department retained India’s classification as a “Tier II” nation for human trafficking concerns, which implied that the U.S. viewed India as a country that whose government did not fully comply with its Trafficking Victims’ Protection Act’s (TVPA) minimum standards, but was making significant efforts...
More »74% Indians feel economy is doing well: Pew Research -Ishan Bakshi
-Business Standard 32% of respondents expect the economic situation to improve a lot, compared with 17% last year Despite lingering concerns over a growth revival, Indians today are more optimistic on the state of the economy than they were a year ago. According to a study by Pew Research Center, 74 per cent of Indians currently think the economy is doing well, compared with 64 per cent a year ago. Of those...
More »Monsoons and markets -Ashok Gulati
-The Indian Express These are the root causes of agricultural distress. Farmers need better irrigation and access to markets. Speaking at the foundation day celebrations of the National Bank for Agriculture and Rural Development (Nabard) on July 12, Union Finance Minister Arun Jaitley said that there were reasons to smile on the economic front as India remains a bright spot, despite the global slowdown. He talked about the 7-8 per cent...
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