-The Economic Times Just after Prime Minister Narendra Modi showcased a democratic and developing India to the global leaders at the annual meet of World Economic Forum at Davos in Switzerland, India's former RBI governor Raghuram Rajan punctured Modi's India pitch. Modi said,"In India, 'democracy, Demography and Dynamism' together are shaping the country's destiny and leading it towards the path of Devepolment." He also said, "Our Mantra is 'Reform, Perform And Transform." However,...
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Facing the slowdown -Kaushik Basu
-The Indian Express India’s economy is not doing well. Only carefully crafted policy reforms can turn it around The Indian government recently lowered its economic growth forecast for 2017-18 to 6.5 per cent, and there is reason to be concerned. That the economy would suffer a slowdown after demonetisation was inevitable, as all professional economists could see. But growth dropping to 5.7 per cent and 6.3 per cent in, respectively, the first...
More »Pranab Bardhan, professor of graduate school in the department of economics at the University of California (Berkeley), interviewed by Devadeep Purohit (The Telegraph)
-The Telegraph The Left in Bengal had often criticised him whenever he red-flagged excessive local tyranny, and spoke about the industrial decline in Bengal. The incumbent ruling party may make tall claims about changes in Bengal since the Trinamul government came to power but he has been candid enough to suggest that he hasn't seen much change either in industrial expansion or in investment in infrastructure. Former Prime Minister Manmohan Singh has...
More »Wealth Of The Nation -Nisha Agrawal
-The Indian Express At Davos, India needs to outline its vision to make growth inclusive Earlier this month, the external affairs ministry announced that Prime Minister Narendra Modi would lead the “largest ever” Indian contingent to Switzerland during the four-day World Economic Forum 2018 in the Swiss Alps town of Davos on January 23. This made headlines since he is the first Indian PM to be attending Davos in over two...
More »Jaitley's Electoral Bonds Pose A Major Threat to Indian democracy -Prabhat Patnaik
-TheCitizen.in It’s a powerful means of centralising power and crushing opposition NEW DELHI: Finance Minister Arun Jaitley had outlined a scheme of electoral bonds in his budget speech on February 2, 2017. Now, exactly 11 months later, the notification of the scheme and some details of it have finally been announced in a Press Information Bureau release on January 2, 2018. Along with this release Jaitley himself has also written an explanation-cum-defence of...
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