-The Hindu Business Line NITI Aayog’s document sets out economic goals, but there’s no roadmap The NITI Aayog’s Strategy for New India @75 lays out a checklist of priorities for economic policy-makers over the next three years. It sets out as an immediate priority, the ramping up of the investment rate to 36 per cent of the GDP by 2022, from 29 per cent at present in order to hit a growth...
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Why credibility of India's fiscal math is under strain -Nikita Kwatra
-Livemint.com Unless the convoluted arithmetic behind fiscal deficit gets as much attention as headline fiscal deficit number, creative accounting practices will go on Mumbai: The Narendra Modi-led National Democratic Alliance (NDA) government has been lauded for its ability to rein in the headline fiscal deficit over the past few years, which has arguably helped tame inflation. However, with reverses in key assembly elections earlier this month and Lok Sabha elections to be...
More »Jean Dreze -- development economist -- interviewed by Jipson John and Jitheesh PM (Frontline.in)
-Frontline.inJean Dreze is a well-known Indian economist working in the field of "development economics". Born in Belgium, he studied mathematical economics at the University of Essex and completed his PhD from the Indian Statistical Institute (New Delhi) in 1982.He has taught at the London School of Economics and the Delhi School of Economics and is currently visiting professor at Ranchi University as well as honorary professor at the Delhi School...
More »The India that does not shine is bigger than the India that does -Anup Sinha
-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...
More »Why the Modi Govt Shouldn't be so Quick To Dismiss World Bank's Human Capital Index -Diego Maiorano
-TheWire.in The finance ministry can continue to quibble, but the stark fact is that decades of underspending in education and health may result in India wasting its demographic dividend. On October 11, the World Bank launched the latest of its country rankings: the Human Capital Index (HCI). The objective of the index is to show how low education and health outcomes – or human capital – impact productivity, growth and prosperity. The...
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