-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
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Farming GM crops, employment fund -- what govt panel has suggested to create 20 cr jobs in 5 yrs -Neelam Pandey
-ThePrint.in A Working Group of Ministers on employment generation and skill development submitted its report to PM Modi, making 63 suggestions across 18 sectors for job creation. New Delhi: Looking to create 20 crore job opportunities in the next five years, a government-appointed Working Group of Ministers (WGoM) has suggested allowing farming of Genetically Modified (GM) maize and soybean crops, private bikes for ride-sharing, expediting road projects and starting new ones, among...
More »Fixing the rules of the economy -Arun Maira
-The Hindu The fundamentals of the game have to change as they currently favour wealthy investors and not workers and tiny enterprises India has an incomes crisis: incomes of people in the lower half of the pyramid are too low. The solutions economists propose are: free up markets, improve productivity, and apply technology. These fundamentals of economics must be re-examined when applied to human work. Three solutions Economists say markets should be freed up...
More »Weather advisories drive farmers’ income up to 50% -Richard Mahapatra
-Down to Earth Every rupee spent on weather forecasting fetches 50-fold economic gains to below poverty line farming families A survey by the National Council of Applied Economic Research (NCAER) has shown that timely delivery of weather advisories to farmers had a significant impact on their income. The survey was done to gauge the economic impact of India’s investments on the National Monsoon Mission (NMM) and High Performance Computing Facilities (HPC). It...
More »Economic Liberalisation and Fertilizer Policies in India -Prachi Bansal and Vikas Rawal
-Society for Social and Economic Research The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy framework, reducing the fiscal burden of fertilizer subsidies and the foreign exchange burden of fertilizer-related imports became the overriding concerns of the state. Interestingly, the post-liberalisation...
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