-The Indian Express India can learn three lessons from China — investing more in agri-R&D and innovations, improving incentives for farmers by carrying out agri-marketing reforms, and collapsing input subsidies into direct income support on per hectare basis. India and China, the world’s most populous countries, have limited arable land — China has about 120 million hectares (mha) and India 156 mha. The challenge before the two countries is to produce...

-The Hindu The government has failed to heed recommendations made by economists and bureaucrats on turnaround measures One of the visitors to pay a courtesy call on Prime Minister Narendra Modi after his re-election this summer was a former Secretary to the Government of India holding a high-profile constitutional office. During the conversation, the Prime Minister asked: “Arthvyavastha ka kya karna chahiye? (What should be done about the economy?)” The former bureaucrat ,...

-The Hindu Business Line The government must simplify and rationalise GST, kickstart rural consumption, revive agriculture and tackle the lack of credit for capital creation, says former PM Former Prime Minister Manmohan Singh, an eminent economist himself, feels that the Narendra Modi-led government needs to come out of its habit of headline management and address the economic challenges which the country is facing today. “We cannot afford to deny that India is facing...

-The Hindu Reviving the consumption demand and private investment has assumed the highest priority in 2019-20, notes central bank report. Mumbai: The Reserve Bank of India (RBI), in its annual report for 2018-19, has said the lack of domestic demand is holding back the animal spirits in the economy and emphasised the need to revive consumption demand and private investment during 2019-20. “What ails the animal spirits? At the core is the...

-Newsclick.in Economist Jean Dreze attributes the better performance of the state in human development indicators to the extensive land reforms that were carried out by the National Conference government in the 1950s and contends that Article 370 made these reforms possible. The Government of India recently abrogated the special status enjoyed by the erstwhile state of Jammu and Kashmir under Article 370 of the Indian Constitution. One of the main raison...