-The Indian Express The pandemic has forced us to rethink how we live our lives. We must also allow it to dismantle our exam-centric education system that only creates hyper-Competitiveness and perpetuates inequalities. With the aggressive return of COVID-19, we are experiencing heightened anxiety. And amid this turmoil, we are also witnessing the breakdown of “normalcy” in our education system. As board exams get cancelled or postponed around the country, students, parents...
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Fix inverted tariff structures to boost industrial growth in India -C Veeramani and Anwesha Basu
-Livemint.com Correcting import-duty anomalies will attract foreign firms to set up assembly bases here and lift our global Competitiveness A steady decline in import tariff rates in manufacturing industries had been an important feature of India’s economic reforms during the 1990s and 2000s. The average import tariff rate was reduced from about 84% in 1990 to the lowest-ever level of 8.6% in 2010. Consequently, imports of goods plus services as a percentage...
More »Farmers’ agitation will impact global trade -Devinder Sharma
-The Tribune Instead of leaving the farmers to face the vagaries of markets, which have pushed them globally into a debt trap, the demand for ensuring that no trading takes place below the MSP not only provides farmers with a safety net but it will also gradually become an economic design for the rest of the world to emulate. Across the globe, farmers are suffering the consequences of keeping farm-gate prices...
More »The country should worry about further worsening of economic inequality in the post-COVID period
The World Economic Outlook – a bi-annual publication of the International Monetary Fund (IMF) -- released in October 2020 has anticipated that the economic progress made by the countries since the 1990s to reduce poverty would be turned upside down by the COVID-19 pandemic. On top of that, economic disparity would rise too in the post-COVID world because the crisis has disproportionately impacted women, informal sector workers and people with...
More »What the RCEP retraction foretells -Renu Kohli
-The Telegraph Without simultaneous steps to raise productivity, passive acceptance of lost Competitiveness has shaped India's approach India’s last-minute withdrawal from the Regional Comprehensive Economic Partnership agreement has elicited much commentary. That it happened after exciting positive signals from senior government functionaries amidst vociferous opposition by noted lobby groups surprised all. A sizeable segment, however, backs the retreat, noting India’s current economic situation and low Competitiveness to describe it as economic and...
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