-TheWire.in A detailed analysis of India’s growth trajectory, comparing its growth trends with other industrially developed economies across sectors and with other like-minded group of nations. This article, extrapolating our key findings from a recent Centre for New Economics Studies (CNES) research analysis, involves a detailed analysis of India’s growth trajectory over the last three decades comparing its growth trends with other industrially developed economies across sectors like manufacturing, services, banking, etc.,...
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Data: Why Indian firms are reluctant to invest despite tax cut and high profits -Vignesh Radhakrishnan and Jasmin Nihalani
-The Hindu Consumer demand started to decline before the pandemic and worsened after outbreak In September, Finance Minister Nirmala Sitharaman was anguished that industry was holding back from investing in manufacturing despite a significant cut in corporate tax rates in 2019. The slowdown in corporate investment did not happen because companies were making losses. In fact, private companies, boosted by considerable tax cuts, made windfall profits. A State Bank of India analysis shows...
More »For Poor manufacturing Practices, Indian Pharma Company Gets ‘Warning Letter’ From US FDA
-TheWire.in The US drug regulator says Lupin Limited's response to tackling genotoxic impurities was not adequate. New Delhi: The US Food and Drug Administration (FDA) has sent a warning letter to the Indian pharmaceutical company Lupin Limited after deeming its efforts to address violations of various good manufacturing practices at its facility in Tarapur, Maharashtra “inadequate”. The FDA sends a ‘warning letter’ to a manufacturer if it has “significantly violated” the agency’s regulations....
More »Conundrum of Dharavi Redevelopment: A Case of Systematic Displacement of Workers From Mumbai -Shweta Damle
-Newsclick.in White the redevelopment plan of Dharavi is likely to go ahead, issues related to rehabilitation of workers without proof of the tenement are a major worry. The redevelopment of Dharavi has been in waiting for close to two decades. Dharavi Development Plan (DDP) announcements in the past have been closely related to elections. It has again made it to the headlines because of the impending municipal elections in Mumbai and the...
More »Production-linked incentives: Dole or incentive? -Shwweta Punj
-IndiaToday.in The production-linked incentive scheme has helped boost India's mobile exports but is yet to show results in some other sectors. Agility and ease of doing business in its implementation will determine its success For over a decade, the share of manufacturing in India’s GDP has remained in the 15-17 per cent range, with various measures by the present and past governments barely helping the needle move. A recent effort to give...
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