-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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Economist Thomas Piketty, professor at the Paris School of Economics interviewed by Pranay Sharma
-Outlook The author of the surprise international bestseller, Capital, in the 21st Century, thinks that abolishing Income Tax is not a good idea Books on economy rarely move beyond the peer group of economists and their academic circle. But those old presumptions are now being put to the test and the rules are being rewritten from the time 42-year old French economist, Thomas Piketty, went viral. The publication of the English edition...
More »India's carbon footprint dilemma-Nitin Sethi
-The Business Standard Lots of assumptions but little to act upon in the Planning Commission report on low carbon growth It will take around $834 billion for the Indian economy to put Indian economy on a low carbon mode taking its emission intensity in 2030 down by 42% as compared to 2007 levels. This is the macro picture drawn by the Low Carbon growth study commissioned by India's Planning Commission. The study is...
More »Fixing India’s healthcare system-AK Shiva Kumar
-Live Mint Strong political commitment is needed to build a system of universal health coverage and better regulations Life expectancy in India has more than doubled since independence, to 65 years, from just 32 in 1950. The infant mortality rate has been cut by two-thirds since 1971. Smallpox and guinea worm have been eradicated, the spread of HIV/AIDS has been contained, and the World Health Organization has declared India polio-free. Yet for all...
More »Story of a fraying capitalism-Ashoka Mody and Michael Walton
-The Indian Express India's rentier capitalism is an inset in the big picture drawn by Thomas Piketty French economist Thomas Piketty has written a scholarly tome with the humdrum title, Capital in the 21st Century. The book has become an overnight sensation because Piketty documents an inherent tendency for ever-increasing inequality of income and wealth in capitalist economic systems. It is not an accident, he says, that many will be left behind...
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