-Livemint.com India’s new industrial policy is an opportunity to address the problems of low R&D spending and tough competition from cheap Chinese imports The framing of the new industrial policy should be seen as an opportunity to chart a meaningful path for industry’s role in India’s development. The recently released discussion paper by the department of industrial policy and promotion mentions two points that need to be examined closely to grasp the...
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Why Arun Jaitley is unable to cut petrol, diesel prices -Abhik Deb
-The Times of India NEW DELHI: In the last one week or so, the government has actively turned its focus towards reviving the country's economy. On Thursday, news agency Reuters quoted government officials to report that the Centre is planning to spend up to Rs 50,000 crore to arrest the 'economic slowdown'. This report came a day after Finance Minister Arun Jaitley said that the government is considering additional measures to...
More »What can be done to revive India's sluggish economic growth? Here's what five economists prescribe -Mayank Jain
-Scroll.in Hike government spending, pour money into rural areas, cut interest rates, refrain from disruptive moves like demonetisation. India’s economic growth is slowing but can the government bring it back on track? This is what Finance Minister Arun Jaitley reportedly discussed with ministers and officials Tuesday evening. While a concrete plan to address the problem is apparently being developed with Prime Minister Narendra Modi’s blessing, a section of the industry and...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Tale of neglect -TK Rajalakkshmi
-Frontline.in The death of nearly 60 children in Gorakhpur because of the unavailability of oxygen can be directly attributed to the larger issue of drastic reduction in budgetary allocations for and the gross neglect of the public health system. THE death of almost 60 children, including infants, in the government-run Baba Raghav Das Medical College Hospital in Gorakhpur within a span of 48 hours raises several issues relating to the state...
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