1093 results found
No government can tread the path of a single-minded focus on GDP growth. But wanton populism is no answer either, as the widening fiscal deficit must be trimmed.
The nature of work is changing, leading to the loss of some jobs and the creation of others that require radically changed skills. In India, as the requirements of this evolving labour market change, co-working spaces fulfil many of the new needs. The aim of this paper is twofold: to describe the development of the co-working industry in India, its driving factors, as well as the architecture, design and social aspects of the work environment; a
The government has been firefighting since FY 2019 using mostly Band-Aids of the cheapest kinds.
NGOs that deter economic progress or infrastructure growth have to be actively discouraged. The agenda and priorities have to be Indian and not determined in some remote western city. The government, in turn, has to be transparent and active in providing solutions to environmental and human problems.
Economic growth is — finally — a priority and the entrepreneur a key participant in that conversation.
The Sino-Russian bilateral signifies China’s urgency for resilient global energy supply chains to meet its increasing energy needs through its oil-f
Like the US, India, too, is grappling with its own version of the fiscal cliff, the biggest challenge before Finance Minister P. Chidambaram. The UPA has exhausted its fiscal space even as growth has fallen to a 10-year low. The challenge is to effect a sharp reduction in the fiscal while not adversely affecting quality public investment, which can in turn give a fillip to private investment.
Digital innovation ecosystems are crucial for global development, but balanced growth requires adaptive capacity to optimise their performance
The demand for basic needs has outpaced supply in many cities of the world. This fact is observed in the urban housing sector. High economic growth along with urbanisation has created a huge demand for housing, and according to recent estimates, there is a massive shortage of dwelling units in many urban areas of the world.
Amidst urban growth, equipping cities with the most optimal, cost-efficient, and effective mass rapid transport systems is imperative
पाणबुडी निर्मितीसाठी भारताने सर्व अडथळ्यांवर मात करणे आवश्यक आहे. देशहिताच्या दृष्टिकोनातून P75(I) या कार्यक्रमात संस्थात्मक पातळीवर पुरेसे प्रयत्न करणे आवश्यक आहे.
पाणबुडी निर्मितीसाठी भारताने सर्व अडथळ्यांवर मात करणे आवश्यक आहे. देशहिताच्या दृष्टिकोनातून P75(I) या कार्यक्रमात संस्थात्मक पातळीवर पुरेसे प्रयत्न करणे आवश्यक आहे.
“A simple take on the 4 Ps of the #Covid19 crisis”, and its impact on the retail investors.
Is Pakistan's economy really at the verge of a collapse? Let us look at the facts at first. Last year, the GDP grew by 2.4 per cent; the service sector marked a growth of 4.1 per cent, the agricultural sector 1.2 per cent and remittances topped $11,201 million.
It may not have been pretty, but the finish-line is within sight for the Zardari-led coalition government in Pakistan. And the first democratic transfer of power is a significant milestone in the growth of democracy in the country.
The budget will be passed under what are probably the most difficult and trying circumstances in Pakistan's history
The excessive dependence on a single category of RMG exports is bound to hamper the growth trends of the country
PILs are being misused as instruments to bog down infrastructure projects, affecting India’s growth in the long run
Why has the UPA been so ineffective in pushing GDP growth in its second term? Why has it not been able to tame inflation? Looking back, it was the three stimulus packages that the UPA government gave that was responsible for much of what is wrong today.
Dr. C. Rangarajan, Chairman of the Prime Minister's Economic Advisory Council, has made an impressive case for "economic statesmanship" which he said would ensure inclusive growth and stability in India as well as globally.
Recent years have highlighted the global headwinds against China's increasingly aggressive moves in the Indo-Pacific region. Vulnerabilities associated with an overdependence on the country for several critical goods, including electronics, have exacerbated prevailing anti-China sentiments. This has provided the impetus for diversifying electronics supply chains, an opportunity India is well positioned to leverage. This brief assesses Ind
The Electric Vehicle (EV) segment in India has gathered momentum in recent years, but a mismatch in intent and action has resulted in limited on-ground adoption of EVs. However, the expected growth of the automobile sector (especially in the personal-mobility space), due to the ongoing COVID-19 pandemic and people’s increased understanding of vehicular emissions, creates immense scope for the exponential growth of the EVs industry in India. Ess
India needs to enhance its engagement with the neighbours to fulfil its vision for shared growth and prosperity – a key mantra of the nation’s neighbourhood policy.
Infrastructure investments are required to enable economic growth and provide the services required by a growing population. The infrastructure already available is threatened by climate change, damaging existing assets and reducing future productivity. Investment in new infrastructure has to increase to fill the gap; as this occurs, the operation and maintenance cost of infrastructure are also expected to rise. Furthermore, as resources are scar
It is good governance at the implementation level that becomes a pre-condition for achieving the goals through improving public expenditure efficiency
This paper argues in favour of integrating valuation of ecosystem services in development policy planning in India. The paper presents three cases where monetary values of ecosystem services have been estimated to illustrate the significance of the exercise: the Terai Arc Landscape (TAL) in Uttarakhand, the Kunigal Wetlands in Karnataka, and the Indian Sundarbans Delta (ISD) in West Bengal. The first two cases highlight the ecosystem-livelihoods
In many parts of the world, including India, Public Credit Guarantee Programmes (PCGP) improve access to credit for small enterprises that are unable to obtain assistance from mainstream financers. This brief discusses the relevance of PCGPs in India, their mechanisms, features, and efficiency. Although these programmes have improved access to credit for MSMEs (micro, small and medium enterprises), there are concerns regarding their efficiency an
Public health is the worst spot in India’s economic path despite a recent rise in GDP growth. Without a healthy population and labour force, India cannot hope to compete with countries in the West or the ASEAN.
The Centre having addressed issues in terms of suppliers' liability through parliamentary legislation in the case of nuclear power projects, the nation will have to now decide if it wants growth with risks or would be happy with riskless regression.
उत्पादों और परिणामों पर ज़ोर देकर भारत को स्वास्थ्य के म�
As India assumes the G20 presidency, it has the opportunity to further the cause of mutually beneficial, rules-based international trade at a time when the world is facing a series of multiple and overlapping political and economic crises. This paper opens by describing a confluence of factors that together open a window of opportunity for India’s presidency to advance pragmatic engagement on trade, specifically in shoring up the multilateral t
India's small-scale industries contribute 15 percent to GDP yet they have been long ignored, receiving little policy support and inadequate infrastructure. As they have the potential to transform the socioeconomic architecture of the country, policy interventions are necessary to make small enterprises more efficient and achieve higher growth rates. This paper describes initiatives to propel India's small-scale industries.
The Technical and Vocational Education and Training (TVET) system was always a pressing need, even at the best of times, for meeting the requirements
India's new GDP data speaks of robust growth (6.9%) rather than of policy paralysis and industrial decline in 2013-14. But even Chief Economic Advisor Arvind Subramanian is not convinced by the new data. Because, other indicators do not seem to corroborate the high rate of growth, especially when imports actually declined last year.
The latest Quad meeting underscored continued growth, but when will the four countries seriously confront the matter of direct security cooperation?
India’s competitiveness in manufacturing and the success of ‘Make in India’ depend on its ability to produce high-quality products and services. Product quality is important for human health and consumer safety, as well as for protecting the climate and the environment. One way of ensuring that products and services meet certain standards is through technical regulations with mandatory compliance. However, technical regulations also have th
India needs an effective policy package to reverse its economic slowdown and also tackle the growing unemployment rates.
The financial condition of the Indian Railways (IR) is weakening by the day because of mounting losses in the passenger business. This, at a time when it is making efforts to improve its services through new capital intensive initiatives. IR’s freight revenue has traditionally subsidised its passenger revenue, resulting in one of the lowest passenger fares but one of the highest freight rates in the world. Since freight trains and passenger tra
The government is perhaps keen on projecting a welfare-oriented profile in which the poor are looked after. Prices, jobs, higher industrial growth and prospects of rapid economic recovery will remain the most important planks on which the next elections will be fought. The RBI's latest move of not raising the repo rate may also help in economic recovery.
Conflicts between central banks and governments are embedded in the evolving discourse of every democracy. The recent discord between the Reserve Bank of India (RBI) and the Ministry of Finance (MoF) is neither the first nor likely to be the last. Institutionally, once a disagreement between the RBI and the MoF crosses the Rubicon, the government has the power to overrule the central bank’s decisions. Moreover, such a structure is not restricte
The Modi government can do a lot to improve the investment climate at home so that both FDI and FIIs are attracted to India in a big way. If domestic manufacturing growth gets slow, foreign investors will get wary.
By embracing the inclusive wealth paradigm, India has the opportunity to reimagine progress in a way that harmonises the aspirations of humanity with
2024 could turn out to be a pivotal year for development finance as it would be interesting to see how countries direct their ODA allocations alongsid
This paper analyses the initiatives for regional integration in East Africa and the challenges that are being faced in this regard. The paper also examines the development initiatives taken by India in the region. Following the European withdrawal, statesmen ushering in independent Africa were faced with the dire prospect of addressing the many problems their colonial overlords had left upon them. Independent Africa was left in abject poverty
The paradox of the African continent is that it is resource-rich but remains poor in many parts. Has regional integration improved economic performance and does it pave the way to a better future? This paper examines West African integration--its evolution, the successes it has scored and the challenges that remain.
