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Government not doing a great job of generating more jobs -Sanjoy Narayan

-The Hindustan Times If you've somehow managed to wrench yourself away from witnessing the ever plunging new lows during the ongoing election campaigns, including name calling, mud (and ink) slinging and repeated exchanges of the same accusations between political rivals, you will surely have noticed the exuberance in the markets - the Sensex has touched a record high and the long-languishing rupee has strengthened to within striking distance of sub-Rs 60...

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Farming happiness

-The Hindu Business Line The focus of land reforms should change from ceilings to minimum size A significant 72 per cent of farmers ‘like' farming as a profession, according to a recent nationwide survey conducted by the Centre for the Study of Developing Societies (CSDS). This is greater than the 60 per cent figure reported in an official 2003 National Sample Survey round. True, the two surveys may not be entirely comparable...

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Housing For Poor Can Spur Economic Growth

A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...

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Catch-up in industrialisation-Deepak Nayyar

-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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