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We mean business, mostly -Pradeep Narayanan & Dheeraj

-The Hindu Business Line Lack of financial transparency and social inclusion is at the root of India’s lopsided growth story, finds the India Responsible Business Index ‘Sab kuchh dikhta hai (everything is visible)’, the tag line of the now controversial Rotomac pens seems to assume a sinister meaning in light of the recent financial fraud involving owners Vikram and Rahul Kothari. The recently unearthed Nirav Modi scam, with no LoU [Letter of Understanding]...

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A misleading story of job creation -Praveen Chakravarty & Jairam Ramesh

-The Hindu India does not create 55 lakh new jobs every year, as claimed by a new report A recent research report titled “Towards a Payroll Reporting in India” authored by the Group Chief Economic Adviser of the State Bank of India and a professor from the Indian Institute of Management, Bangalore has caught the media’s and the Prime Minister’s fancy. Ostensibly, the main objective of the report was to make a...

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Can Budget 2018 address slowdown in rural economy? -Tadit Kundu

-Livemint.com Union Budget 2018 may be able to offer sops for big farmers but it would not be able to deal with the structural challenges facing India’s rural economy The results of the Gujarat elections, in which the opposition Congress outperformed the ruling Bharatiya Janata Party (BJP) in rural constituencies, and the growing number of farmer agitations in the country have focused attention on rural India ahead of this year’s budget. But...

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Job scheme swells farm yields -Basant Kumar Mohanty

-The Telegraph New Delhi: The ponds and wells dug under the rural job guarantee scheme have boosted farmers' income by an average 15 per cent, a study has found. The finding by the Institute of Economic Growth, New Delhi, appears to contradict charges that the scheme has lagged in asset creation and been largely a failure. According to the survey, farmers reported an 11 per cent rise in rice and wheat production and...

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India's rising inequality is taking the shine off its growth story even in the world's eyes -Riaz Hassan

-Scroll.in India has attracted negative attention in recent years as the second most unequal country in the world, after Russia. Spectacular economic growth over the past three decades has made India a global economic powerhouse. Between 1990 and 2016, India’s economy grew at a compound rate of around 7% in current dollars. The Indian economy is now the third largest in the world by purchasing power parity after China and the...

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