-PTI/ The Hindu Inflationary pressures, meanwhile, remained subdued as seen by a modest increase in input costs and only marginal rise in selling prices. India’s manufacturing sector activity improved for the third straight month in October with companies raising output to the greatest extent in 13 years amid robust sales growth, a monthly survey said on Monday. The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.8 in...

-TheWire.in Kumar was referring to an article written by the former CEA on the pitfalls of the government's Atmanirbhar Bharat initiative as it pertained to tariffs and exports. New Delhi: NITI Aayog vice-chairman Rajiv Kumar on Wednesday criticised former chief economic adviser Arvind Subramanian for a recent article that pointed out flaws in the Narendra Modi government’s Atmanirbhar Bharat initiative. Subramanian, in an opinion piece co-authored with Pennsylvania State University’s assistant professor of...

-The Indian Express Arvind Subramanian, Shoumitro Chatterjee write: Our growth model has been export-led and should not be abandoned. Export opportunities in general and in specific sectors could be significant even in a post-COVID world. India’s intellectual and policy community has embraced atmanirbharta. This inward turn — actually return — amounts to abandoning two core principles of the post-1991 consensus: Export-orientation on the macro-economic side, and slow but steady liberalisation on the...

-The Hindu Business Line The expanded ambit now allows a larger pool of enterprises to get the benefits of the MSME Act and pandemic-induced reforms Micro, small and medium enterprises (MSMEs) are amongst the strongest drivers of the economy with a vast network of about six crore enterprises, contributing about 45 per cent to manufacturing output, 50 per cent to exports, around 30 per cent to GDP, and creating employment for about...

-The Indian Express Government’s response to migrants’ plight, economic crisis, has been to unilaterally bring changes in labour laws. But industrial prosperity cannot be built on a race to the bottom for workers. Only weeks ago, India, and the entire world, witnessed the spectacle of the country’s employment precarity pour out on its roads and highways — men, women and children, in distress of having lost jobs, income and shelter, with no...