-The Hindu For jobs to grow, consumer demand has to improve consistently. This can only happen with an industrial policy, which India has not had since 1991 There will be no demographic dividend without growth in industrial and service sector jobs. The underlying logic behind a dividend is that as jobs grow, incomes rise and so do savings. Based on higher savings, the investment rate to GDP grows, resulting in faster GDP...

-The Indian Express The suffering of millions does not create public outrage, much less government accountability. The people of India’s villages carry collective memories of centuries of calamitous losses of sometimes millions of lives in famines. Famines have been pushed into history, unarguably one of free India’s greatest accomplishments. But the same can’t be said about droughts, which continue to extract an enormous toll on human suffering. At least a third of the...

-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...

-The Financial Express Rising dole hits both investment and productivity With around Rs 175,000-180,000 crore of annual expenditure on agriculture subsidies, the government probably feels it is doing a lot for the farmers and, come election time, will probably boast about it to get the rural vote. Yet, as an Icrier analysis at its ‘Supporting Indian farms the smart way’ workshop shows, not only is the rising subsidy not helping agriculture as...

-The Indian Express There are several measures, such as crop diversification, that can help India achieve this goal Prime Minister Narendra Modi’s desire to double the income of farmers by the year 2022, that he expressed while addressing a farmers’ rally in Bareilly, Uttar Pradesh, on February 28, 2016, has evoked strong responses from various analysts, experts and the media. The goal has been dubbed as impossible and unrealistic. On the very...