-The Telegraph India's high dependence on imported active pharmaceutical ingredients is the result of its own failures and astute Chinese policies India’s pharmaceutical industry imports over 70 per cent of key chemical ingredients and will find it challenging to heed Prime Minister Narendra Modi’s call on Tuesday for self-reliance across sectors, experts said. India’s high dependence on imported active pharmaceutical ingredients (APIs) has been the outcome of Chinese policies designed to dominate the...

-The Hindu The credibility of the RBI, the CSO and the Niti Aayog has taken a beating in recent times due to political interference Nobel laureate Oliver Williamson pondered over an important question, around 25 years ago: “Why are the ambitions of economic development practitioners and reformers so often disappointed?” According to him, “one answer is that development policymakers and reformers are congenital optimists. Another answer is that good plans are regularly...

-Economic and Political Weekly The changes in Odisha’s agriculture made paddy production a losing proposition, especially for the small farmers who leased in land. Substantial decline in farm income caused by exploitative land lease arrangements, denial of access to a regulated market, crop failures, increased cost of cultivation, and indebtedness pushed these farmers into severe economic hardship and an inhospitable social environment, which ultimately led to their suicides. Please click here to read more....

-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...

-The Indian Express For all their talk on farm distress, on agriculture, BJP, Congress show they have not learnt from past failures. We often feel proud of our democratic system. But it also has a shortcoming, which has been magnified in the current election season. The conversation today is not about what the BJP/NDA promised in its manifesto of 2014, and how far they have been able to deliver on their...