-The Hindu Business Line Policy deficit. The widening trade deficit with China points to a weakness in India’s industrial growth path It was headline news when Chinese customs statistics at the end of September 2022 indicated that for a second calendar year, India’s trade with China would settle at well above $100 billion. That was only partly because of the positive implications of burgeoning trade between the two countries that only two...

-TheWire.in A detailed analysis of India’s growth trajectory, comparing its growth trends with other industrially developed economies across sectors and with other like-minded group of nations. This article, extrapolating our key findings from a recent Centre for New Economics Studies (CNES) research analysis, involves a detailed analysis of India’s growth trajectory over the last three decades comparing its growth trends with other industrially developed economies across sectors like manufacturing, services, banking, etc.,...

-TheWire.in If India is to seize the advantage of its burgeoning young workforce, it needs to strategically implement economic and industrial policies. There is a new urgency in India to create jobs for the rapidly growing number of young people set to enter the workforce in the next two decades. India will account for 20 percent of the worldwide increase in the working-age population over the two decades from 2020. Projections from the...

-TheWire.in The Narela industrial complex is one of the biggest in Asia, packed with booming small-scale industrial units. It runs entirely on the labour of low-income workers who have very little say on their pay and living conditions. In order to start liberalising trade and industrial production capacity through economic policy, the Indian nation-state began implementing a set of Washington Consensus style neo-liberal economic reforms in the early 1990s. The liberalisation push across...

-The Hindu Why did the Union Finance Minister urge industry giants to invest in manufacturing? Is private sector financing at an all-time low? Has government intervention to boost and spend aggressively on infrastructure come at an opportune time? The story so far: Last month, Finance Minister Nirmala Sitharaman asked captains of industry what was holding them back from investing in manufacturing. She likened industry to Lord Hanuman from the Ramayana by stating...