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A budget to transform -Pulapre Balakrishnan

-The Hindu In the present state of the economy, when there is excess capacity in manufacturing, adequate stocks of foodgrain and the inflation rate is trending downwards, there is an opportune moment for a public investment-centred fiscal expansion Over the past eight months, the government has issued some strong statements on the economy and taken some bold steps aimed at transforming it. As it prepares to present its first real budget we...

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New GDP Numbers Make Jaitley Happy -Lola Nayar

-Outlook 7.4 per cent growth is good news for the NDA's finance minister who will present his full budget two weeks from now.   Indian economy is forecast to grow at an accelerated 7.4 percent in the fiscal year ending in March 2015 as against 6.9 percent in the previous fiscal, according to advance estimates released Monday. The high growth numbers, based on the new formula (with 2011-12 as the base year)...

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The twist in the growth story -C Rangarajan

-The Hindu Reforms must be part of a continuing agenda. The basic principle guiding reforms must be to create a competitive environment with a stress on efficiency. In many ways the coming decade will be crucial for India as growth is the answer to many of its socio-economic problems The data on national income released recently give a new twist to India's growth story. The most significant change is with respect to...

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Solar power can be the game-changer for inclusive growth -Vikas Gupta

-The Indian Express With the positive intent and progressive action from the new government, the country is excited about entering a new era of growth & revolutionary transformation. This can happen faster and more effectively if the whole ecosystem is geared for it. And most important component of the ecosystem are the people, who are the primary beneficiaries as well as the key catalysts to stimulate this growth and transformation. Hence,...

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Where are the jobs? -Devinder Sharma

-DNA It's a misconception that high economic growth translates into employment A recent report prepared by the consultancy firm PricewaterhouseCoopers for the Confederation of Indian Industry (CII) harps on the usual premise of boosting economic growth as the basis for job creation. Accordingly, it will still take 20 years to remove unemployment even if India grows at an annual growth rate of 9 per cent. This is exactly what we were...

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