-The Hindu The former Chief Economic Adviser on India’s current slowdown in economic growth and the mix of policies needed to reignite it In a career spanning more than four decades, economist Kaushik Basu has donned many hats. He was Chief Economic Adviser to the Government of India (2009-2012) and Chief Economist of the World Bank (2012-2016). At present, he is Professor of Economics and the C. Marks Professor of International Studies...

-TheWire.in In The Vanishing Stepwells of India, Victoria Lautman articulates how a traditional water conservation system was foolishly destroyed when the British took the reins. It is not difficult to comprehend the importance of water conservation. The resource is as precious and far more valuable than gold. Water will always be scarce and in arid, dry regions, the liquid is worshipped. It is an integral element in rituals that manifest faith. All...

-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...

-Business Standard The large informal sector is a consequence - not a cause - of the low level of development For decades, one of the central aims of economic policy in India has been to create conditions for workers to move from low- to high-income employment. This has usually implied a shift from the informal sector where productivity is low, to the formal sector where productivity is high. This process of “formalisation”...

-The Hindu Business Line Online registration of farmers, higher moisture in the produce delay the procurement Mumbai: The targeted procurement of 4.46 lakh tonnes of tur (redgram or pigeon pea) in Maharashtra is expected to commence on a full scale by February 1. The Nafed procurement process is delayed as farmers have been asked to FIRst register online for selling their produce. Sources in the Nafed said that about one lakh farmers have...