Opinion | Is the Modi government about to grasp the nettle of reforms?
5 years, 1 month ago

Opinion | Is the Modi government about to grasp the nettle of reforms?

Live Mint  

The 18th century British writer, Samuel Johnson, is famously believed to have said: “Depend upon it, sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully.” A similar logic applies to the political economy of economic reform. In India, the 10 years of the Congress-led United Progressive Alliance government were marked by a failure to embark upon second-generation economic reforms and the crisis, such as it was, came too late to have an impact on economic policy—except that it helped the Narendra Modi-led Bharatiya Janata Party sweep to power. Modi’s first term in office also saw some notable missed opportunities in the realm of economic reforms, especially in factor markets. Some of this mixed experience may be attributed to a gradual, incremental approach to economic policy reform, as argued in the very first instalment of this column, while another contributing factor is surely the lack of a wholehearted embrace of liberal economics within the ranks of the BJP and its affiliated organizations. However, darkening clouds on the economic horizon—apparent in tepid growth numbers and in a downward trend in other key indicators—seem to have given something of a new impetus to the government’s reform agenda.

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History of this topic

Manmohan Singh’s mixed economic legacy
3 days, 20 hours ago

Manmohan Singh’s mixed economic legacy

Live Mint  

The death of Manmohan Singh last week was followed by a flurry of sentimental obituaries eulogizing the former Indian prime minister, who led the government from 2004 to 2014. Above all, Singh, who was 92, is remembered for the economic reforms he oversaw in 1991 as finance minister—reforms that opened India’s economy to more market competition and foreign investment. Dhiraj …

Dr Manmohan Singh's reforms redefined India's trajectory as a rising global power
1 week, 2 days ago

Dr Manmohan Singh's reforms redefined India's trajectory as a rising global power

Deccan Chronicle  

New Delhi: Former Prime Minister Dr Manmohan Singh, who breathed his last on Thursday night, had a legacy of economic reforms in India. REACTIONS: Recalling Dr Singh's contributions as the architect of India's economic reforms, RBI Governor Sanjay Malhotra said on Friday that India’s economic reforms have left an indelible mark. Former RBI governor Urjit Patel also said Dr Singh …

How Manmohan Singh’s economic reforms changed India
1 week, 3 days ago

How Manmohan Singh’s economic reforms changed India

Hindustan Times  

NEW DELHI: Manmohan Singh will be remembered as the statesman who saved the Indian economy from going over the edge. India is on its way to becoming the third-largest economy in the world in a couple of years, and the seeds of India’s growth story were sowed during the economic reforms. World Bank data on various measures of poverty shows …

When Manmohan Singh Scrapped 'Licence Raj' And Saved India From An Economic Crisis With His 'L P G Reforms'
1 week, 3 days ago

When Manmohan Singh Scrapped 'Licence Raj' And Saved India From An Economic Crisis With His 'L P G Reforms'

ABP News  

Manmohan Singh's legacy will live on for generations to come. In Pics: Times When Manmohan Singh Used Cricket Diplomacy To Ease India-Pakistan Relations Road To Crisis: How India Arrived At The 1991 Economic Ruin In 1991, India faced one of its most severe economic crises, teetering on the brink of default. Prime Minister PV Narasimha Rao realised the dangerous situation …

Manmohan Singh and 1991 Budget: The economic stalwart, finance minister who changed shape of Indian economy
1 week, 4 days ago

Manmohan Singh and 1991 Budget: The economic stalwart, finance minister who changed shape of Indian economy

India TV News  

In July 1991, the then Finance Minister Manmohan Singh presented a landmark budget, which is credited for modern India's economic progress. Presenting the budget, Manmohan Singh explicitly mentioned the crisis India was facing, as he said, "the new Government, which assumed office barely a month ago, inherited an economy in deep crisis. It is reported that within a few days …

History will be kinder to me: The moment when graceful Manmohan Singh deftly handled volley of questions
1 week, 4 days ago

History will be kinder to me: The moment when graceful Manmohan Singh deftly handled volley of questions

India TV News  

In one of his most famous statements, former PM Manmohan Singh before demitting office as the prime minister in 2014 had said, "history will be kinder to me", asserting that his leadership was not as weak as projected at that time. In what can be termed his last press conference as the Prime Minister, the former PM said in 2014, …

The Indian economy is yet to fully escape the state’s shackles
1 month, 2 weeks ago

The Indian economy is yet to fully escape the state’s shackles

Live Mint  

Indian citizens are hesitatingly capitalist. For capitalism to work for a large majority of people, you need institutions to encode and enforce the rules, and prosperity to fund the welfare payments required to uplift specific disadvantaged segments of the population. This column, the sixth in the series on the ‘quantity to quality’ reforms required for India to achieve upper-income status, …

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge
5 months, 3 weeks ago

PM Modi should pay attention to basic economic issues of country, says Mallikarjun Kharge

The Hindu  

Congress president Mallikarjun Kharge on July 12 said that Prime Minister Narendra Modi "used PR" to keep the government away from basic issues but people were now demanding accountability after the June Lok Sabha poll results. In a post in Hindi on X, the Congress president said, "Narendra Modi ji, Your government has ruined the lives of crores of people …

View: Why Nirmala Sitharaman is PM Modi's best bet in the finance ministry
6 months, 3 weeks ago

View: Why Nirmala Sitharaman is PM Modi's best bet in the finance ministry

Hindustan Times  

Reappointment of Nirmala Sitharaman as Union Finance Minister is another example of Prime Minister Narendra Modi’s farsightedness. These are certainly not the characteristics of a “typical” politician, but the most valued strength of a ‘right-hand man’ or a minister of a charismatic leader whose mission is to transform India into ‘Viksit Bharat’. She not only navigated the Indian economy from …

Reforms to boost growth and stability will continue, asserts Nirmala Sitharaman after assuming charge as Finance Minister
6 months, 3 weeks ago

Reforms to boost growth and stability will continue, asserts Nirmala Sitharaman after assuming charge as Finance Minister

The Hindu  

The NDA government will continue to push the reforms drive initiated after 2014 with an eye on bolstering India’s macroeconomic stability and growth, Nirmala Sitharaman asserted on June 12 after taking over the reins of the Ministries of Finance and Corporate Affairs again. “She urged the departments to advance the NDA government’s development agenda with renewed vigour and ensure responsive …

After a lackluster election, Modi may have to adapt his style
7 months ago

After a lackluster election, Modi may have to adapt his style

Deccan Chronicle  

New Delhi: Since coming to power a decade ago, Prime Minister Narendra Modi has been known for big, bold and often snap decisions that he’s found easy to execute thanks to the brute majority he enjoyed in India's lower house of parliament. And in 2020, Modi swiftly brought in contentious agriculture reforms — though he was forced to drop those …

India’s economic boom won’t be derailed by its election shock
7 months ago

India’s economic boom won’t be derailed by its election shock

CNN  

New Delhi CNN — Narendra Modi has declared victory in India’s election but he’ll need the support of smaller parties to govern, a shock result that could make it harder for him to pass major economic reforms. India boomed during Modi’s first two terms as prime minister, leapfrogging the United Kingdom to become the world’s fifth biggest economy and growing …

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind
7 months ago

Modi touts India’s roaring economy as he seeks reelection, but many feel left behind

Associated Press  

SAMASTIPUR, India — Narendra Modi swept to power a decade ago on promises to transform India’s economy, and it would be hard to argue he hasn’t made strides. While campaigning this spring — the six-week-long election concludes Saturday — Modi has vowed to make India’s economy the world’s third-largest, trailing only those of the U.S. and China. Even as India’s …

PM Modi changed country's political culture in 10 years: Nadda
7 months, 2 weeks ago

PM Modi changed country's political culture in 10 years: Nadda

Deccan Chronicle  

Shimla: BJP president J P Nadda on Saturday said Prime Minister Narendra Modi changed the country's political culture from "divide and rule" to the politics of "report card" with the mantra of 'sabka saath, sabka vikas, sabka vishwas" in the last decade. Dubbing the INDIA bloc an "alliance of families promoting dynastic politics and saving corrupt people," Nadda said that …

Finance Minister Nirmala Sitharaman defends the electoral bonds scheme: ‘One step better than what went before’
8 months, 3 weeks ago

Finance Minister Nirmala Sitharaman defends the electoral bonds scheme: ‘One step better than what went before’

Live Mint  

Union Finance Minister Nirmala Sitharaman has defended the now-scrapped electoral bonds scheme saying that the scheme was “one step better than what went before”. “Electoral funding will have to go through a lot more transparency.” The Finance Minister rebutted charges of freezing the bank accounts of the Congress party just before the Lok Sabha polls. Responding to questions about AAP …

10 years under Modi has lifted the country out of despair to a state of optimism: Nirmala Sitharaman
9 months, 1 week ago

10 years under Modi has lifted the country out of despair to a state of optimism: Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman said that 10 years under Prime Minister Narendra Modi has brought a sea change in the economy of the country and lifted the sentiments from a state of despondency in 2013, to one of optimism and hope of emerging as a developed country by 2047. Though the Opposition claims that they were the ones who …

Manmohan Singh missed the reforms bus as PM: FM Nirmala Sitharaman
10 months, 3 weeks ago

Manmohan Singh missed the reforms bus as PM: FM Nirmala Sitharaman

The Hindu  

The United Progressive Alliance squandered the opportunity to implement the unfinished reforms agenda from 1991 during its decade in office, Finance Minister Nirmala Sitharaman said in the Rajya Sabha on Saturday, accusing the Manmohan Singh government of “thorough mismanagement” after the global financial crisis. Citing a Tamil proverb “Mullu Mel Potta Thuni Mathiri” in response to a discussion on the …

Nirmala Sitharaman Interview: Policy Stability An Obsession with PM, India's Systemic Reforms Bearing Fruit, Says FM
11 months ago

Nirmala Sitharaman Interview: Policy Stability An Obsession with PM, India's Systemic Reforms Bearing Fruit, Says FM

News 18  

Finance Minister Nirmala Sitharaman Interview LIVE Updates: Finance Minister Nirmala Sitharaman said that the Narendra Modi government is confident of managing inflation as well as maintaining the robustness in economic growth. In an exclusive interview with Managing Director of Network18 Rahul Joshi, Finance Minister Nirmala Sitharaman said the robustness of the economy has not gone down and called the interim …

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card
11 months ago

Indian Economy under PM Modi has witnessed profound transformation: FM Nirmala Sitharaman gives govt’s report card

Op India  

The Indian economy under Prime Minister Narendra Modi has witnessed a profound transformation in the last 10 years when the government took several pro-people reforms that were structural, Union Finance Minister Nirmala Sitharaman said on Thursday, as she rose to present the interim Budget for 2024-25. “In 2014, the country was facing enormous challenges, the government overcame those challenges and …

India’s GDP reflects strong economy and reforms: PM Modi. Top 10 Updates
1 year ago

India’s GDP reflects strong economy and reforms: PM Modi. Top 10 Updates

Live Mint  

Prime Minister Narendra Modi hailed India's robust economic growth, speaking at the 'Infinity Forum 2.0' conference at GIFT City via video link, he emphasised the pivotal role of transformative reforms conducted over the past decade in fostering this progress. Modi hailed India's growth, citing a GDP surge of 7.7 percent in the initial half of the fiscal year as evidence …

Government choices and policies have taken India's economy to new height: PM Modi
1 year, 1 month ago

Government choices and policies have taken India's economy to new height: PM Modi

Firstpost  

Modi said that their biggest priority should be people’s ease of living, and took a swipe at past governments saying they ignored the equality envisaged by B R Ambedkar, the key figure behind the Constitution, among all citizens Prime Minister Narendra Modi on Thursday said his government’s policies and decisions have taken the economy to a new height, creating immense …

Opinion | Bharat for the World: Modi speaks for the global subaltern
1 year, 3 months ago

Opinion | Bharat for the World: Modi speaks for the global subaltern

Firstpost  

It is largely due to New Delhi’s persistent call for urgent reform that India is being viewed increasingly by subalterns around the world as most capable of pursuing a humanising global governance aimed at democratising opportunity In his interview to Network18’s Moneycontrol, Prime Minister Narendra Modi has detailed how the rich learnings of his government’s experiences reaping the dividends of …

India's economic growth ‘natural by-product’ of 9 years of stability: PM Modi
1 year, 4 months ago

India's economic growth ‘natural by-product’ of 9 years of stability: PM Modi

Hindustan Times  

Prime Minister Narendra Modi has said that India’s economic growth is a “natural by-product” of his nine-year-old government’s political stability, as he expressed optimism that it will be a developed nation by 2047 with "corruption, casteism and communalism" having no place in our national life. The rapid and sustained progress made by India has evoked interest across the world and …

PM Modi shares bold vision for economy on 77th Independence Day. Details here
1 year, 4 months ago

PM Modi shares bold vision for economy on 77th Independence Day. Details here

India Today  

Prime Minister Narendra Modi outlined a bold vision for India's economic growth and societal advancement while addressing the nation from Red Fort on the occasion of the 77th Independence Day. Promising to elevate India to the ranks of the top three global economies within the next five years, PM Modi expressed unwavering confidence in the nation's potential. PM Modi pointed …

‘India different under PM Modi’: Rajeev Chandrasekhar hails Morgan Stanley report
1 year, 7 months ago

‘India different under PM Modi’: Rajeev Chandrasekhar hails Morgan Stanley report

Hindustan Times  

Reacting to the Morgan Stanley report which hailed PM Narendra Modi’s nine years of governance, union minister for information technology Rajeev Chandrasekhar said on Wednesday said India is now very different from the ‘corruption-ridden, fragile economy’ left by the Congress-UPA governance from 2004-2014. Speaking to news agency ANI, Chandrasekhar said that despite the European conflict and post-Covid consequences, the Indian …

9 Years of Modi Government LIVE Updates: Union ministers laud achievements of Modi government
1 year, 7 months ago

9 Years of Modi Government LIVE Updates: Union ministers laud achievements of Modi government

Firstpost  

But one of the most significant highs in the Modi era has been how the prime minister has helped the nation slowly but surely shed its colonial baggage. Load More Senior BJP leaders, including Union ministers and chief ministers, celebrated Prime Minister Narendra Modi’s nine-year tenure in a nationwide outreach on Monday, with Information and Broadcasting Minister Anurag Thakur expressing …

The Economist praises Modi govt for revitalising Indian banking sector
1 year, 7 months ago

The Economist praises Modi govt for revitalising Indian banking sector

Op India  

On Thursday, the British weekly newspaper The Economist praised the Modi government for reviving the banking sector in India and turning around its profitability. In a development few, if any, predicted, Indian banks are among the world’s most profitable.” The Economist noted that the bankruptcy reforms introduced by the Narendra Modi government in 2016 helped in the rapid liquidation of …

Decoding flaws in country’s economic, political policies
1 year, 8 months ago

Decoding flaws in country’s economic, political policies

Hindustan Times  

In his new book, India Is Broken: A People Betrayed, Independence to Today, economist Ashoka Mody provides readers with an unvarnished look at India’s twin economic and political failures over the past seven and a half decades. In his new book, economist Ashoka Mody provides readers with an unvarnished look at India’s twin economic and political failures An economic historian …

Indian markets are well regulated: Finance Minister Nirmala Sitharaman to Network18
1 year, 11 months ago

Indian markets are well regulated: Finance Minister Nirmala Sitharaman to Network18

Firstpost  

Finance Minister Nirmala Sitharaman said at least 50 per cent can shift to the income tax regime ‘who will now benefit from reduced rates’ New Delhi: India’s Finance Minister Nirmala Sitharaman on Friday said the India remains well governed with “stable government and well regulated financial market.” In an exclusive interview with Network18 Group Editor Rahul Joshi on Friday, the …

'Even During Once-in-Century Crisis...': PM on India's Transformation Since 2014
1 year, 11 months ago

'Even During Once-in-Century Crisis...': PM on India's Transformation Since 2014

News 18  

Prime Minister Narendra Modi virtually inaugurated the 7th edition of ‘Invest Madhya Pradesh-Global Investors Summit’ today in Indore and hailed India’s transformation and performance since 2014, the year his government took charge in Centre. We have even opened strategic sectors like defence, mining and space for private companies and have removed almost 40,000 compliances in last few years,” PM Modi …

Reforms of 1991 were incomplete, says Nirmala Sitharaman
2 years, 3 months ago

Reforms of 1991 were incomplete, says Nirmala Sitharaman

Live Mint  

Finance minister Nirmala Sitharaman on Thursday said that India could have become the fifth biggest economy in the world earlier itself, but for the philosophy of socialism which relied on centralised planning. Speaking at an event organised by the Hindi Vivek Magazine, Sitharaman also said the 1991 economic reforms were incomplete. Sitharaman also said that the Narendra Modi government initiated …

1991: Economic reforms
2 years, 4 months ago

1991: Economic reforms

The Hindu  

Published : Aug 15, 2022 06:00 IST Arguably, 1991 was not an ideal period for India to ‘open up’ its economy. There was the looming balance of payments and foreign exchange crisis; inflation had hit a staggering 16.7 per cent in August that year; fiscal deficit was 8.4 per cent; the Soviet Union, India’s long-term ally, had just collapsed; the …

Modi govt 8 years: Here's how PM Modi transformed India into a secured nation | Deets Inside
2 years, 7 months ago

Modi govt 8 years: Here's how PM Modi transformed India into a secured nation | Deets Inside

India TV News  

Highlights PM Modi has given top priority to strengthening the nation's security Anti-terror laws have been strengthened, NIA has been given more teeth Indian side is making a lot of infrastructure efforts in forward locations in Eastern Ladakh sector Modi govt 8 years: Since 2014, Prime Minister Narendra Modi has given top priority to strengthening the nation's security. No major …

PM Modi is focused on balanced, futuristic economic growth: Piyush Goyal
2 years, 7 months ago

PM Modi is focused on balanced, futuristic economic growth: Piyush Goyal

India Today  

Speaking exclusively to India Today's News Director Rahul Kanwal, Union Commerce and Industry minister Piyush Goyal lauded Prime Minister Narendra Modi’s policies, which he claimed are in line with changing times. Speaking about the government’s recent decision to slash fuel rates, Piyush Goyal said, “The policies are well thought of and well crafted to address challenges of inflation. Talking about …

Sanjaya Baru | The politics of reform: A tutorial for Mr Modi
3 years, 1 month ago

Sanjaya Baru | The politics of reform: A tutorial for Mr Modi

Deccan Chronicle  

The decision of Prime Minister Narendra Modi to repeal the three farm reform laws he had introduced last year has been criticised by many advocates of economic reform and liberalisation as a major policy and political setback. Narasimha Rao was forced in 1991 to introduce “reforms by stealth” because of an economic crisis, Mr Modi’s reforms were products of the …

Sanjaya Baru | Modi's macroeconomics: Lack of clarity confusing
3 years, 2 months ago

Sanjaya Baru | Modi's macroeconomics: Lack of clarity confusing

Deccan Chronicle  

The reconstitution of the Prime Minister’s Economic Advisory Council, with one distinguished economist, Rakesh Mohan, replacing another distinguished economist, Anantha Nageswaran, need not be interpreted as being anything more than a routine bureaucratic decision. Few really expect this change in membership to make any difference to thinking and action on the economic policy front at the highest levels of decision-making …

‘A corporate-communal nexus has emerged’: Sitaram Yechury
3 years, 4 months ago

‘A corporate-communal nexus has emerged’: Sitaram Yechury

The Hindu  

The far-reaching economic reforms unleashed in 1991 had a differential impact on different sections of the Indian population. India’s 100 billionaires have seen their fortunes increase by Rs.12,97,822 crore since March 2020, enough to give every one of the 138 million poorest Indian people a cheque for Rs.94,045 each. The deep economic recession we are undergoing today is part of …

Under Modi Govt, The Poor Are Back To Square One 30 Years After Liberalisation
3 years, 4 months ago

Under Modi Govt, The Poor Are Back To Square One 30 Years After Liberalisation

The Quint  

Rivers of ink have been spilt over the past few weeks in recollections and nostalgic anecdotes marking three decades of India’s economic liberalisation. Mint carried a column debate between Jayati Ghosh and Montek S. Ahluwalia. I neither attempt to take any of these sides nor wish to offer any further submissions in the “economic” debate around the 1991 reforms, its …

If India Today Has a Chair at the Global High Table, It is Thanks to the 1991 Reforms
3 years, 5 months ago

If India Today Has a Chair at the Global High Table, It is Thanks to the 1991 Reforms

News 18  

Nations take a long time to alter the parameters of their foreign and security policies. Post-Cold War Foreign Policy The end of the Cold War came as a blessing in disguise as it forced Indian policymakers to adapt to the new global political and economic realities—it was a much-needed shock. India’s foreign policy challenge in the early 1990s was as …

Road Ahead More Daunting, Need to Recalibrate Priorities: Manmohan Singh on 30 Yrs of Liberalisation
3 years, 5 months ago

Road Ahead More Daunting, Need to Recalibrate Priorities: Manmohan Singh on 30 Yrs of Liberalisation

News 18  

The road ahead is even more daunting than during the 1991 economic crisis and the nation would need to recalibrate its priorities to ensure a dignified life for all Indians, said former prime minister Manmohan Singh on Friday. In a statement marking the 30th anniversary of economic liberalisation, Singh said he was deeply saddened at the devastation caused by the …

Ashok Desai on the 1991 Economic Reforms in India
3 years, 5 months ago

Ashok Desai on the 1991 Economic Reforms in India

The Diplomat  

Thirty years ago, India embarked on a massive program to reform its economy amid a grave balance-of-payments crisis that led New Delhi to secure loans from outside against the country’s gold reserves. The reform program soon became wide-ranging and opened up the Indian economy to the world, setting India on course to become the world’s sixth largest economy in nominal …

Narendra Modi’s new Cabinet has its task cut out: Ensure Indian economy grows at 8-9%
3 years, 5 months ago

Narendra Modi’s new Cabinet has its task cut out: Ensure Indian economy grows at 8-9%

Firstpost  

One of the biggest challenges for the NDA government will be to push deep economic reforms when many Opposition-ruled states are determined to oppose them. Now, in the next three years, there is a need for a robust economy that can grow at 8-9 percent, create massive jobs, increase the income of citizens, boost consumption and give people hope. The …

India’s 1991 liberalisation leap and lessons for today: Montek Singh Ahluwalia
3 years, 6 months ago

India’s 1991 liberalisation leap and lessons for today: Montek Singh Ahluwalia

The Hindu  

Three decades after India embarked upon the path of economic liberalisation, Montek Singh Ahluwalia, one of the key figures of the reform process, former Deputy Chairman of the erstwhile Planning Commission and currently Distinguished Fellow at the Centre for Social and Economic Progress, discusses in an interview with The Hindu the transition of the Indian economy, what remains to be …

Reforms and Indian capitalism
3 years, 6 months ago

Reforms and Indian capitalism

Hindustan Times  

India marks 30 years since the 1991 reforms at a moment when its economy is on the precipice of another crisis. By the early 2010s, those heady days of high growth were fast becoming history and long ignored fragilities within the Indian economy, of cronyism, structural inequality, regional concentration, were increasingly visible. India’s regulatory regime, despite initial investments in institutions …

Narendra Modi’s new political narrative
3 years, 10 months ago

Narendra Modi’s new political narrative

Hindustan Times  

Over the past week, Prime Minister Narendra Modi spoke in Parliament thrice — while responding to the discussion on the motion of thanks to the President’s address in the Lok Sabha and Rajya Sabha and bidding farewell to retiring Rajya Sabha members, particularly Leader of the Opposition in the Upper House, Ghulam Nabi Azad. The speeches throw up a broad …

Nirmala's Budget made a virtue out of necessity
3 years, 10 months ago

Nirmala's Budget made a virtue out of necessity

Deccan Chronicle  

Union finance minister Nirmala Sitharaman had promised a “once in a century” Budget and raised hopes sky high. Despite her hype, the expectations were generally low mainly because it was widely known that the government’s revenues had collapsed due to the Covid-19 pandemic economic lockdown, leaving the finance minister with little fiscal margin for policy manoeuvre. Ms Sitharaman was able …

Aakar Patel | Modi’s eighth Budget looms, there’s still no ‘grand vision’
3 years, 11 months ago

Aakar Patel | Modi’s eighth Budget looms, there’s still no ‘grand vision’

Deccan Chronicle  

This will be the Narendra Modi government’s eighth Budget. In the coming year the government will again get the chance to claim that India is the “fastest growing economy” because from the minus numbers we will have modest growth of about 2.2 per cent over two years, between 2019 and 2022. The government also said this week that in 2019-20 …

Sanjaya Baru | Sitharaman’s Third Act: What’ll be her Big Idea?
3 years, 11 months ago

Sanjaya Baru | Sitharaman’s Third Act: What’ll be her Big Idea?

Deccan Chronicle  

Despite her best efforts, Union finance minister Nirmala Sitharaman has not yet secured her place in the history books. Dr Manmohan Singh’s 1991 Budget gave him a place in the history books long before he earned it again as Prime Minister with the India-United States civil nuclear deal. We now know from official data that the economy has shrunk by …

No amount of govt intervention adequate for pandemic-hit economy: FM Nirmala Sitharaman
4 years ago

No amount of govt intervention adequate for pandemic-hit economy: FM Nirmala Sitharaman

India TV News  

Finance Minister Nirmala Sitharaman said on Thursday that the government has taken several measures to support the economy but no amount of intervention will be adequate to deal with the crisis triggered by the COVID-19 pandemic. The government has taken steps for interventions by consulting several chambers of commerce, and Prime Minister Narendra Modi also took feedback from the industry, …

Modi’s plan for economic revival is a game-changer
4 years, 7 months ago

Modi’s plan for economic revival is a game-changer

Hindustan Times  

The first anniversary of the National Democratic Alliance government, popularly referred to as Modi-2, may have been somewhat subdued due to the lockdown as a result of the coronavirus disease. At the outset, he referred to the ₹20 lakh crore economic package that he dedicated to the nation on May 12 and stressed his desire to make India self-reliant. Imagine …

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