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The global macroeconomy has undergone unprecedented change in recent years, particularly because of the COVID-19 pandemic. While the G20 had an effective coordinating role in steering the global economy through the 2008 global financial crisis, its role in engineering an inclusive and sustainable recovery from the pandemic has been more mixed. Incomes in the advanced G20 economies are on track to return to pre-pandemic levels by end-2022 but have

It is important that manufacturing growth picks up otherwise India's demographic dividend in terms of having a youthful population could become a demographic liability. Around half of India's population is under 25 years old. Unless they have jobs or job prospects, they will become dissatisfied and disgruntled.

To make India an attractive destination for investment for both Indians and foreigners will require quick implementation of all the pending major infrastructure projects and to see that some important Bills are passed in Parliament.

To become a major industrial nation by 2030, as predicted by a Washington think-tank recently, India will require many changes in the economic structure of the country in which efficient and viable small and medium enterprises coexist with the big factory-based organised sector and with a middle class bigger than that in the US and Europe combined, to support it with their demand.

Going by the latest economic status of the countries of the world, it looks like Nepal is joining the league of Sub-Saharan Africa. With a per capita income of $490.

It is also unclear to what extent the disaster is the outcome of over-exploitation of resources in the back-to-back construction of dams

For any nation, development of infrastructure is essential to ensure growth. India has lagged on this front for some time now and the Modi government plans to give a major push to infrastructure. The government is in the process of preparing an ambitious infrastructure programme for the next 10 years.

Many people think Benjamin Franklin discovered electricity with his famous kite flying experiments in 1752, but electricity was not discovered all at once. After various developments world over, Italian scientist Alesandro Volta made a great discovery in 1800.

This paper evaluates the impact of various policy reforms, including the economic reforms of the 1990s, on India’s manufacturing sector. Covering the priority sectors relevant to the government’s ‘Make in India’ initiative, the paper analyses the productivity of registered manufacturing units from 1974-75 to 2012-13. It offers empirical evidence on the growth of productivity in the organised manufacturing sector through an inter-tem

Democracy is about winning elections, forming stable governments, governing efficiently and ensuring justice.

Growth was bound to suffer because India depends significantly on private entrepreneurship and capital.

The early years, particularly the first 1,000 days, are a critical period in a child’s development, with lifelong impacts. Evidence shows that one of the most effective strategies for economic growth is investing in the developmental growth of at-risk young children. However, early childhood development (ECD) programmes are severely challenged by the sheer scale of need in the face of early childhood care and education losses due to COVID-19 me

A perfect storm is gathering — of escalating external threats, a constrained space for economic growth with the slowing of the world economy and heightened protectionism.

Appropriately designed strategies could promote growth with employment, Mr AB Bardhan, General Secretary of the Communist Party of India, said, while speaking at a seminar on "Employment and Growth",

Union Agriculture Minister Sharad Pawar made two intelligent moves this month. The timing is perfect, but the move can go in any direction. It may either mark the decline of the NCP or contribute to spreading of his party beyond Maharashtra.

A spurt in domestic demand can prove to be the most important impetus for growth of the Indian economy in 2015-16. Then India will not have to be reliant entirely on export led growth. China is also following this strategy as its dependence on the global economic forces have gone beyond its control.

In an observation recently in the Sri Lankan Parliament, External Affairs Minister G L Peiris asserted that the country could not achieve its development goals without India, which was going to play a vital role in achieving such targets.

India and Japan’s economic vision is that of an ‘Asia and Africa Growth Corridor’ (AAGC) empowering states to peacefully counter and constrain Chinese revisionism. However, a stable AAGC will depend on enhanced security cooperation and the current rules-based order upheld by the US-led security framework. While current Indian and Japanese engagements in Asia are conducive to successful cooperation, weaker economic and military engagements w

India can offer an alternative model aligned with the “open economy, freedom, democracy” matrix, if it can boost its tax to GDP ratio to generate the resources required for sharing growth.

A city goes through several stages of evolution from being an aggregate of activities and population to developing its own identity as an economic and cultural hub. In the context of urban management, the evolution of a city is seen in its ability to think for itself in terms of resource sustainability and dynamic infrastructure needs. Coimbatore, the second-largest city in the state of Tamil Nadu, has gone through various stages of economic evol

THE recent land rights issue of the Niyamgiri hills in Orissa seems to have been resolved with Rahul Gandhi's intervention. We are relieved that the ancient Dongria Kondh tribal population would be able to save their hills from exploitation by commercial interests.

The first industrial estate zones in India came up during the 1960s when R. Venkatraman and C. Subramanian were ministers under Chief Minister K. Kamaraj.

Ties between India and Japan are historical and enduring. In the Asia-Africa Growth Corridor (AAGC), the leaders of the two countries have married their respective countries’ “Act East” Policy and “Free and Open Indo Pacific” aspirations. The AAGC is envisioned to provide a renewed opportunity for partnership where both regions can complement each other’s development and growth.  The AAGC will bring out the economic gains for Afr

This brief sketches the growing interest of the incumbent Bharatiya Janata Party (BJP) government in the Indian diaspora. Over the last three years, the prime minister has repeatedly called attention to the role that the diaspora will play in India’s development process and in the promotion of its foreign policy goals. The brief gives an overview of the policies that the present government has rolled out and examines the benefits from, and pitf

India can’t escape from the systematic challenge of large-scale reforms

At a conference on 'Building Pan Asian Connectivity' in Kolkata, US Ambassador to India Richard Verma has said the Asia policy of the United States and India's Act East policy can work in complementary ways to increase regional trade and growth.

This paper examines current water management ideologies and practices and the impact they create on strategies for pan-Asian connectivity. It suggests that 'business-as-usual' management principles and the harnessing of transboundary rivers tend to undermine efforts at achieving economic and ecological sustainability goals, as well as meeting long-term development challenges. The Mekong and Ganga basin regions, in particular, suffer from inadequa

Though many perceived India’s withdrawal from RCEP as “protectionist” and “conservative”, it seems that India’s withdrawal from the negotiations was a wise move given the imperceptible and unestimated costs that arise on the domestic economic, geoeconomic and geopolitical fronts.