-Livemint.com * Despite its ambitious targets, NDA’s ‘Make in India’ has failed to improve investment, employment, and exports in India’s manufacturing sector * One area where this government has fared relatively better has been in attracting foreign direct investment (FDI) to the country MUMBAI: When the Bharatiya Janata Party (BJP) swept into power in 2014, one of its first acts was to launch the ‘Make in India’ initiative with the ambitious vow of...

-The Hindu India has no industrial policy or employment strategy to ride the wave of its demographic dividend Job creation has slowed since 2011-12, the year of the last published National Sample Survey Office (NSSO) labour force survey. I used Labour Bureau annual survey (2015-16) data and Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) data (post-2016), which has a sample size larger than the NSSO labour force surveys, to reach this...

-ThePrint.in French economist defends Congress' minimum income guarantee scheme, says India's poor have been 'badly treated by the country's elite'. New Delhi: French economist Thomas Piketty has defended the Congress party’s poll promise of minimum income guarantee (MIG), saying that India’s poor have been “badly treated by the country’s elite”. “It is high time to move from the politics of caste conflict to the politics of income and wealth distribution,” Piketty said in...

-TheWire.in The new vision wants youth to figure out education and skills on their own but still expects them to be the drivers of economic progress. Piyush Goyal, presenting the interim budget, called it a road map for peoples’ development – a fitting description for an election year budget. Accordingly, it contained the expected sops to farmers (income support), to the middle class and home owners (increase in income tax and rental...

-Newsclick.in The Interim Budget granted a paltry Rs 500 per month to farmers as relief, fund cuts for dalits, adivasis and minorities, and was silent on agricultural and industrial workers. It was the theatre of absurd in the Lok Sabha on Friday as replacement Finance Minister Piyush Goyal presented the Interim Budget through an election speech, tom-tomming the so-called achievements of the Narendra Modi government over the past five years, offering an...