-The Hindu With reforms promoting innovation and lowering the cost of doing business, India is poised to attract the best investments Vietnam and Bangladesh are on a roll. While Bangladesh has become the second largest apparel exporter after China, Vietnam’s exports have grown by about 240% in the past eight years. What has helped them? And what can India learn from them? Two nations and their success stories An open trade policy, a less...
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Economic policy needs to address those who have seen the greatest distress during lockdown -Sonalde Desai, Neerad Deshmukh and Santanu Pramanik
-The Indian Express The urban poor is still finding it difficult to return to work. Targeting social safety nets towards them is necessary as the economy struggles to recover. While COVID-19 continues its assault on human lives, the Indian economy, after the devastation in the wake of the lockdown, is showing signs of recovering. Data from a variety of sources, such as exports and car sales, as well as data from NCAER’s...
More »Unfair to Change Stand After Leaving Govt: NITI Aayog's Rajiv Kumar Criticises Arvind Subramanian
-TheWire.in Kumar was referring to an article written by the former CEA on the pitfalls of the government's Atmanirbhar Bharat initiative as it pertained to tariffs and exports. New Delhi: NITI Aayog vice-chairman Rajiv Kumar on Wednesday criticised former chief economic adviser Arvind Subramanian for a recent article that pointed out flaws in the Narendra Modi government’s Atmanirbhar Bharat initiative. Subramanian, in an opinion piece co-authored with Pennsylvania State University’s assistant professor of...
More »MSMEs -- re-defined for growth -Surbhi Jain and Sonali Chowdhry
-The Hindu Business Line The expanded ambit now allows a larger pool of enterprises to get the benefits of the MSME Act and pandemic-induced reforms Micro, small and medium enterprises (MSMEs) are amongst the strongest drivers of the economy with a vast network of about six crore enterprises, contributing about 45 per cent to manufacturing output, 50 per cent to exports, around 30 per cent to GDP, and creating employment for about...
More »India's Onion Export Ban Goes Against the Spirit of Recent Agricultural Reform -Siraj Hussain and Jugal Mohapatra
-TheWire.in The ban on onion exports has proven that farmers, mostly small and marginal, will continue to hold the burden of reining food inflation. On June 5, 2020, just after the COVID-19-induced all-India lockdown was being eased, the government promulgated The Essential Commodities (Amendment Ordinance, 2020). This move was lauded by India Inc as the move apparently signalled that the Indian government had finally decided to ease the draconian provisions of the EC...
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