-The Hindu The Prime Minister's call for making India a manufacturing hub and creating jobs should boost small and medium enterprises as well Prime Minister Narendra Modi's ‘Make in India' campaign is creating waves both in India and abroad. Given the government's intention to boost domestic manufacturing and create new jobs, its proposal to introduce a new policy for Micro, Small and Medium Enterprises (MSMEs) deserves a closer look. While Mr. Modi's...
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Time to redefine job surety? -Vibha Sharma
-The Tribune The UPA's flagship programme MGNREGS changed the employment scene for the rural poor. While 100-day job guarantee was a novel step, loopholes and poor implementation rendered it a liability. The Modi govt hopes to gradually reinvent the scheme, if not entirely scrap it. Midway through the Congress-led UPA's second tenure - believed to be largely the courtesy of the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) -...
More »India ranks 135 in human development index: UNDP
-The Times of India Improvement in human development measures has slowed down in the past few years, according to the 2014 Human Development Report (HDR) released on 24 July in Tokyo. The human development index (HDI), a measure derived from life expectancy, education levels and incomes, barely grew from 0.700 in 2012 to 0.702 in 2013. Even that small improvement could be at risk of getting reversed given the bleak picture of...
More »India needs more than Narendra Modi's trickle-down model -Maitreesh Ghatak
-The Guardian India's PM points to Gujarat as an emblem of economic success. But despite impressive growth, the state lags behind on welfare Narendra Modi has just unveiled his first budget after winning a massive electoral victory on a development platform. The budget presented last week has disappointed those who were expecting stronger signals about a pro-market shift in economic policy, as well as in the stock market. However, the budget has...
More »Strengthening India’s rule of law-Devesh Kapur and Milan Vaishnav
-Live Mint Despite its importance, reform of India's legal institutions has been seen as a ‘second order' issue India is a young nation long ruled by old laws-its police, for example, are governed by such colonial-era statutes as the Police Act of 1861, which predates independence by nearly a century. And its expanding economy requires forward-looking regulatory mechanisms to foster markets while curbing crony capitalism. India is also a nation that must...
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