HTLS 2020: Defining a new era of growth and prosperity
4 years ago

HTLS 2020: Defining a new era of growth and prosperity

Hindustan Times  

Economic history has shown us that eras of golden growth often last decades. Also underappreciated is the potential for these reforms to usher in a new era of growth and prosperity. Formalisation of firms and employment has been encouraged through the introduction of GST and the new Labour Codes, which allow for fixed term employment across sectors, whilst the scheme announced by the Finance Minister, the Atmanirbhar Bharat Rozgar Yojana, supports the creation of new formal jobs as well. This is yet another example of India paving a new path and serving as a model to the world in financial and digital inclusion. The economic and governance reforms undertaken in India over the past few years address critical bottlenecks that have held back India’s growth story and will usher in a new era of growth and prosperity.

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Inclusive Growth and Social Empowerment: India's Economic Policies Rooted in Inclusive Growth and Social Empowerment
1 month, 4 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.

States in focus, a budget that seeks to lift all boats
10 months, 3 weeks ago

States in focus, a budget that seeks to lift all boats

Hindustan Times  

NITI Aayog’s discussion paper, “Multidimensional Poverty in India since 2005-06”, shows that nearly 250 million Indians moved out of multidimensional poverty between 2013-14 and 2022-23. Interim Budget 2024-25, through its focus on the upliftment of garib, mahila, yuva and annadata, seeks to ensure that the tangible development gains of the last decade are sustained and further accelerated. This signals India’s …

A tryst with the past: The Hindu editorial on 75 years of India’s independence
2 years, 4 months ago

A tryst with the past: The Hindu editorial on 75 years of India’s independence

The Hindu  

August 15, 2022 12:30 am | Updated 02:33 pm IST Seventy-five years ago, on this day, India’s first Prime Minister Pandit Jawaharlal Nehru made these remarks in his stirring speech on India attaining freedom at midnight: “The achievement we celebrate today is but a step, an opening of opportunity, to the greater triumphs and achievements that await us. Are we …

OPINION | Ignore disruptive noises!
2 years, 5 months ago

OPINION | Ignore disruptive noises!

India Today  

G-20 Presidents and Prime Ministers may have to royally ignore China and its ‘all-weather friend’ Pakistan’s rant that the powerful group’s meetings next year should not be held in Kashmir. It is well within India’s right as G-20 President till November 30, 2023, to decide on venues, meetings and work plan for the most powerful non-partisan economic and development block. …

India in middle of revolution with life-changing government schemes: Jaishankar
2 years, 6 months ago

India in middle of revolution with life-changing government schemes: Jaishankar

Firstpost  

External Affairs Minister S Jaishankar highlighted that the country was going through a socio-economic change in its bid to create a social security net, which would raise the bottomline of the nation Bengaluru: External Affairs Minister S Jaishankar on Saturday said the nation is in the middle of a revolution with life changing dramatically and democratically due to life-transforming government …

Budget 2022 is going to put India into a higher growth trajectory: Ranjit Jha
2 years, 9 months ago

Budget 2022 is going to put India into a higher growth trajectory: Ranjit Jha

Deccan Chronicle  

Rurash’s founder CEO Ranjit Jha feels positive about Budget 2022 and says “It’s a growth-focused budget.” The fintech enthusiast is already on the lookout for sunrise opportunities and is hopeful that the “objective” of increasing investment levels will put India onto a higher growth trajectory. When we asked for a hint of the sunrise opportunities, he told us, “AI, geospatial …

Budget 2022: Three focus areas that can propel India to a job-intensive, high growth trajectory
2 years, 10 months ago

Budget 2022: Three focus areas that can propel India to a job-intensive, high growth trajectory

Firstpost  

Union Budget 2022-23: There are initiatives in the infrastructure sector that can be supported and where a quantum jump in expenditure can lead to significant benefits and increased employment A considerable section of the commentary around the Budget is about the continuing importance of public spending, as private consumption remains tentative — exacerbated by the uncertainty around the pandemic and …

FM nudges India Inc to ramp up private investment to sustain growth momentum
3 years, 1 month ago

FM nudges India Inc to ramp up private investment to sustain growth momentum

Live Mint  

Finance minister Nirmala Sitharaman urged companies to boost investments and expand capacity without waiting for risks to vanish, as depressed private investments force the government to increase spending on public work programmes to blunt the pandemic’s impact. The finance minister’s nudge comes two days after the Reserve Bank of India exuded confidence in its monthly bulletin that the stage is …

Growth needs steps beyond reforms
3 years, 4 months ago

Growth needs steps beyond reforms

The Hindu  

The Indian economy has travelled through an eventful period through the last three decades. The break with the past came in three important ways: in dismantling the vast network of licences, controls and permits that dominated the economic system; in redesigning the role of the state and allowing the private sector a larger space to operate within, and in abandoning …

A third-generation strategy for accelerated growth and development
3 years, 5 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 …

Growth is just not picking up, but no end to triumphalism
3 years, 10 months ago

Growth is just not picking up, but no end to triumphalism

Deccan Chronicle  

We have entered the 13th consecutive quarter of economic slowdown in India. Speaking loudly of competing with China and America but then falling behind even Bangladesh’s per capita GDP does not inspire confidence. When results for the same quarter year on year appear sometime in the middle of 2021, Prime Minister Modi will exclaim that we are the world’s fastest-growing …

India’s growth story has never seemed so endangered
4 years, 3 months ago

India’s growth story has never seemed so endangered

Live Mint  

We all knew it would be bad, but no one could have predicted just how bad. Supply and credit links, which had been largely cash-based in the informal sector, among others, remained broken even after high-denomination currency came back into circulation, and some small businesses and poorer households—we will likely never know how many—never recovered to their level of well-being …

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