-Business Standard/ India Spend Another limitation of employment at app-based companies is the lack of avenues for professional growth Arif*, 28, shuffled uncomfortably in the driver’s seat of his Maruti Wagon R as he tackled the crowded streets of Lower Parel, Mumbai’s arterial business district, on a sultry April 2019 evening. A hit track from the recent Hindi movie Gully Boy played on the music system but it did nothing to drown...
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The great Indian GDP debate, explained in five charts -Pramit Bhattacharya
-Livemint.com If there is no way to tell which part of the economy is doing well and which is not, policymakers will continue to have to rely on rough proxies and their intuition for decision-making A month after statisticians from the National Sample Survey Office (NSSO) published a report exposing holes in one of the key databases used in India’s gross domestic product (GDP) calculations the controversy around India’s new GDP series...
More »Cities at crossroads: Federalism for the city -Isher Judge Ahluwalia
-The Indian Express In his second term, Prime Minister Modi can ensure better urbanisation through greater devolution of power, and finances, to urban local bodies. As Prime Minister Narendra Modi begins his second term with an even larger political mandate, it is time to reflect on what should be the priorities in fixing our cities. The scale of the challenge is massive whether we look at the availability of clean drinking...
More »Why an industrial policy is crucial -Santosh Mehrotra
-The Hindu No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector The contribution of manufacturing to GDP in 2017 was only about 16%, a stagnation since the economic reforms began in 1991. The contrast with the major Asian economies is significant. For example, Malaysia roughly tripled its share of manufacturing in GDP to 24%, while Thailand’s share increased from 13% to 33% (1960-2014). In...
More »At WTO, India for 'unbiased' assessment of trade policies -TCA Sharad Raghavan
-The Hindu India is trying to rally the support of other developing countries in the World Trade Organisation to reform the “biased” system of assessing a country’s services trade policies, according to an official closely associated with the development. The existing system, developed by the Organisation for Economic Co-operation and Development (OECD), has significant quantitative and qualitative flaws, said Manoj Pant, Director of the Indian Institute of Foreign Trade, and author of...
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