-The Hindu Business Line The bureaucracy has been unable to take it forward, thanks to its reluctance to share information and ideas Having been a chief minister for long, Narendra Modi as Prime Minister has rightly put his weight behind cooperative and competitive federalism. In March last year, I had elaborated in this column the relationship between the two in the context of development and growth in India in an article ‘What sort...

-The Hindu It is only due to the high rates of growth in the services sector that India’s overall economic growth appears robust. The world economy is so hard to predict. In 2008, as the global financial markets plunged into a crisis, high oil prices were considered to be one of the factors that caused it. Today, many fear that the world economy is on the edge of another recession. Guess what...

-Frontline.in An initiative focussed on Kerala’s development experience exposes a worrying trend of rising inequality and proposes a strategy for sustainable and equitable growth. THE fourth international Congress on Kerala Studies, organised by the A.K.G. Centre for Study and Research in Thiruvananthapuram on January 9-10, has generated much interest for its focus on a worrying new trend in Kerala’s development experience: rising inequality and marginalisation of large sections of people despite...

-The Hindu The formal signing of the Trans-Pacific Partnership (TPP) by the 12 member-countries of the mega-regional free trade agreement is a milestone for international trade and, by extension, the global economy. With worldwide trade having slowed sharply since the 2008 financial crisis and now faced with headwinds from China’s slowdown, the deal, yet to be ratified, could provide a much-needed fillip to growth. As the World Bank noted in a...

-Business Standard We should work in unison to boost growth: FM Even as the Centre harped on devolving higher share of funds to states following the recommendations of the 14th finance commission, the latter demanded that they be given more money and the Union government should retain its share of funding for centrally-sponsored schemes in the upcoming Budget. At the pre-Budget meeting with Finance Minister Arun Jaitley on Saturday, states also sought more...