Opinion | There’s a Gandhian third way for an inclusive economy
4 years, 11 months ago

Opinion | There’s a Gandhian third way for an inclusive economy

Live Mint  

India’s gross domestic product growth has slumped, consumption has reduced for the first time in 40 years, and the economy seems adrift, though the government is trying to assure investors and citizens that this will soon pass. That all was not well was known even in the heady days of the “India Shining” campaign at the turn of the millennium, though headline GDP growth numbers did not reveal this. The question that hundreds of diverse citizens explored together was: Is there a third, and better, way for India’s growth? When the NCAER projected growth rates for the three scenarios, it found, not surprisingly, that the pace of inclusion was much faster under the “fireflies” scenario than the “peacocks” or “buffaloes” scenarios.

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India's inclusive growth applauded by International community: IMF Executive Director Subramanian
1 month, 1 week ago

India's inclusive growth applauded by International community: IMF Executive Director Subramanian

The Hindu  

The world is bullish on India, the country's top economist, currently Executive Director of the International Monetary Fund has said, noting that India’s public digital infrastructure and inclusive growth is not only being talked about but also applauded by the International community. Apart from that, the kind of inclusive growth that India has pursued over the last decade is also …

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment
2 months, 2 weeks ago

Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment

ABP News  

India's economic policies are rooted in inclusive growth and social empowerment. The government has implemented various initiatives such as the PM Ujjwala Yojana, Swachh Bharat Mission, and the Jan Dhan-Aadhaar-Mobile trinity to improve access to essential services, reduce financial exclusion, and minimize leakage through targeted DBTs.

India to be third top economy in few years, says Nirmala Sitharaman
9 months, 4 weeks ago

India to be third top economy in few years, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot in the world economy from the current fifth position in the near future. ‘We should attain economic freedom’ Observing that India was a rich country about 400 years ago, …

Independence Day 2023: Reforms To Post-Covid Recovery — Indian Economy Milestones Since 1947
1 year, 5 months ago

Independence Day 2023: Reforms To Post-Covid Recovery — Indian Economy Milestones Since 1947

ABP News  

Independence Day 2023 Special: India will celebrate it’s 76th Independence Day on August 15 this year. While today, there might be a lot of criticism for public sector banks and India’s move to nationalise its banks after Independence, the decision helped the developing country uplift its rural communities back then. India’s industrial sector contributed about 25 per cent to the …

A third-generation strategy for accelerated growth and development
3 years, 6 months ago

A third-generation strategy for accelerated growth and development

Hindustan Times  

In India’s growth and development journey, two major policy departures stand out from previous long epochs. The time is now right for India to initiate the third generation of economic reforms to elevate its growth trajectory to the next level of around eight to nine per cent, which is needed to ensure a doubling of per capita income in every …

Opinion | India needs a ground-up growth model for an inclusive economy
4 years, 10 months ago

Opinion | India needs a ground-up growth model for an inclusive economy

Live Mint  

Listening to debates among economists following the budget, it is clear they agree that the Indian economy is not doing well. All this, even though they do not have a good model of the role of money in an economy, as Robert Skidelsky explains in “Money And Government: A Challenge To Mainstream Economics”. Another group of “trade economists” sees opportunities …

Opinion | Modi seems to have reprised Gandhi’s economic vision
5 years, 4 months ago

Opinion | Modi seems to have reprised Gandhi’s economic vision

Live Mint  

Every Independence Day, Indian prime ministers have paid homage to the nation’s freedom fighters from the ramparts of the Red Fort. At present, the debate within the policy establishment is focused on reforms to make the economy grow faster and reach the goal of $5 trillion, which Modi is dangling like a carrot to investors. Suggestions of reforms to change …

How Nehru led to agrarian distress and what could be the way forward for inclusive growth
5 years, 11 months ago

How Nehru led to agrarian distress and what could be the way forward for inclusive growth

Op India  

Historical backdrop and policy impact: In 1947 when Prime Minister Jawaharlal Nehru took over reins of Independent India, deeply influenced by Marxist-Leninist socialism, he strived to achieve India’s prosperity by creating mammoth public sector enterprises that were engaged in manufacturing steel to running forcibly nationalised airlines. Moreover, other priority areas like primary education, health provisioning, family welfare, and even rural …

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