-The Indian Express Reform of grain management system could free up resources for infrastructure investment. With GDP growth rate plummeting to 4.5 per cent and with the agriculture GDP (GDPA) growth at 2.1 per cent in the second quarter of this fiscal year, everyone concerned with the economy is anxious. The question being asked is whether the Indian economy can be put back on the 7-8 per cent growth trajectory and can...
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Hope and anxiety among liberalization's children -Vivan Marwaha
-Livemint.com * An open economy spurred growth and created a generation of aspirational millennials, but provided few avenues to follow these dreams * The cruelty of their situation is exacerbated by the fact that as a whole, millennials are better educated than previous generations Whenever I discuss my research on Indian millennials, most people assume that I’m talking about the social-media addicted youth they see in Delhi or Mumbai, glued to their smartphones...
More »Agriculture exports: How it has the potential to transform Indian farm sector -Ashok Sharma
-The Indian Express There’s a need to come up with a new model of growth through focused value chains. When it comes to exports, there are several key issues that affect the various stakeholders concerned. It’s almost sardonic that when you type “agrarian” in Google, it invariably suggests “crisis” as the following word. In 2019, the Indian farm sector grew minus 0.1% year-on-year in January-March and 2% and 2.1% in the next...
More »State of the economy: Beyond hiccups -Dipankar Dasgupta
-The Telegraph The power of Keynes’s multiplier process is not absolute An eminent economist observed recently in a national daily’s blog that in spite of the Indian economy’s periodic hiccups, there is no serious threat to the system. “[H]istory,” he asserts, “should give us some pause as we assess the prospects of (the) Indian economy in the medium to long run. There is no denying that the economy is going through a...
More »How not to counter economic stagnation -Arun Kumar
-The Hindu The government has to garner resources and give a boost to the economy by increasing its investments The Centre and the States are so short of resources that their fiscal deficit is burgeoning. The Prime Minister, at a function of the Associated Chambers of Commerce and Industry of India recently, was optimistic but the Reserve Bank of India (RBI) Governor was less positive, admitting that the country’s economic problems are...
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