-The Indian Express Ill-thought-out assertions about the efficacy of monetary policy can unhinge private expectations of inflation. The Indian Express recently published two articles by Surjit S. Bhalla on the subject of inflation in India (‘Where monetary policy is irrelevant', September 13 and ‘RBI, we have a problem', September 20). Bhalla's central thesis is that inflation in India is primarily driven by changes in the minimum support prices (MSP) for agricultural goods....
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DIPP Statement on Bilateral Mechanism for Discussing IPR Issues with USA
-Press Information Bureau/ Ministry of Commerce and Industry The US- India Joint Statement issued by the Prime Minister of India and the President of the United States of America after the bilateral summit had the following reference to IPR issues "Agreeing on the need to foster innovation in a manner that promotes economic growth and job creation the leaders committed to establish an annual high level Intellectual Property (IP) Working Group...
More »Has PM Modi bowed to US pressure on patent laws? -Rema Nagarajan
-The Times of India A paragraph buried in the US-India joint statement, which talks of establishing an annual high-level Intellectual Property (IP) working group as part of the Trade Policy Forum, has made health activists across the world apprehensive that the Modi government might be bending to US pressure to change its patent laws. Several health policy experts and activists have issued statements urging India not to give in to US...
More »Made in India, by small enterprises -Charan Singh
-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...
More »Army of jobseekers now 11cr-strong -Subodh Varma
-The Times of India Over 113 million persons were "seeking or available for work", that is, they were unemployed, according to Census 2011 data released today. This huge number made up around 15% of the working age population of about 748 million persons in the 15 to 60 years age group. These unemployed persons were distributed over nearly 70 million families or households. That's about 28% of all households in the...
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