-The Hindu The agenda to set up a development bank is a welcome initiative, but questions remain on its design Finance Minister Nirmala Sitharaman’s press conference on August 23, announcing a slew of measures to boost the economy and financial market sentiments, had an interesting idea. It was about setting up a development bank. Ms. Sitharaman said: “In order to improve access to long-term finance, it is proposed to establish an organisation to...

-Livemint.com Reflecting on what shaped economic policy and the transition to millennial India, Mint brings you a curated history of the economy since 15 August 1947 Independence brought dreams of not just individual, but also economic, social and political freedom. Seventy-two years later, these ideals have undergone a transformation as India seeks to join the $5 trillion club. Reflecting on what shaped economic policy and the transition to millennial India, Mint’s editors...

-The Indian Express Census 2011 counted 14.2 crore migrants in the decade preceding it, intra-district to inter-state. Women moved for marriage, men for work, economic reforms drove the change, and Surat emerged as No. 3 destination while Chennai fell far behind. In a country with a long and often violent history of sons-of-the-soil politics, migration is a politically fraught issue. From the attacks on south Indians in Mumbai in the 1960s...

-The Telegraph Sitharaman spun a narrative, listed some intent but did little to give the economy a much-needed push The nation had swooned over Narendra Modi’s Mazboot Bharat narrative in April-May, giving the BJP a thumping victory in the Lok Sabha polls. The success of the saffron camp in spinning narratives was in full display on Friday when Nirmala Sitharaman rose to present the Union budget 2019-20 that the ruling dispensation in...

-TheWire.in While Nirmala Sitharaman's maiden budget hit all the right political notes, its fiscal math is far fuzzier. The first budget of the Narendra Modi government 2.0 is very high on political rhetoric around empowering the poorest in ‘New India’, but does not have a clear road map of how a fully-funded welfare state will be sustained without a robust revival in growth, based on the twin engines of investment and consumption...