-The Telegraph New Delhi: Prime Minister Narendra Modi today constituted an economic advisory council, shedding a three-year policy of relying on loose-knit groups and reviving a formal set-up that had helped Manmohan Singh navigate the global downturn a decade ago. The "course correction" by Modi is being linked to the grim news on the economic front largely in the wake of demonetisation and teething troubles in the implementation of the GST. The council...
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Making the most of the new Industrial Policy -Janak Nabar
-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...
More »India's Unique Enigma of High Growth and Stunted Children -Awanish Kumar
-TheWire.in Diane Coffey and Dean Spears’ Where India Goes: Abandoned Toilets, Stunted Development and the Costs of Caste is a path breaking addition to the literature on child malnutrition and development policy in India. The history of global health has been marked with a dramatic turnaround starting from around the mid to late 19th century. This period witnessed an unprecedented decline in death rate and a steady increase in the life expectancy...
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 »How to 'Skill India' When the Jobs are Bad -Orlanda Ruthven
-TheWire.in There a growing chasm between corporate India’s hiring strategy and the aspirations of India’s young workers. The new skill development minister, Dharmendra Pradhan, has a strong track record in digital schemes to deliver subsidised gas to needy households. But he is in for a challenge in the vocational training sector, less amenable to scale economies, woefully dependent on private industry and saddled with the burden of expectations set, first by the...
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