Modi’s visit to the US has helped expand economic cooperation
05 Oct 2021 Chandrajit Banerjee Prime Minister Narendra Modi’s visit to the US last month included three notable events: His first in-person meeting at the Quad leaders’ summit, his first bilateral engagement with US President Joe Biden in person, and his speech at the 76th United Nations General Assembly. Within the overall framework of strategic […]
Ending the Struggle to Freedom
12 Oct 2021 While GoI had been implementing many measures announced in its annual budgets, disinvestment and privatisation of public sector undertakings (PSUs) had been lagging. Against a target of raising ₹1.75 lakh crore, till August 2021, the amount raised had been only ₹8,371 crore. With the Air India sale to the Tata Group last […]
The Gati Shakti initiative speeds up India’s infrastructure mission
19 Oct 2021 The infrastructure sector has emerged as a high policy priority and the launch of the Gati Shakti initiative by Prime Minister Narendra Modi this week adds a new dimension of implementation to the endeavour. This is a significant step forward for the country’s logistics, where inefficiencies result in an estimated cost burden […]
A robust digital transformation mission roadmap
19 Oct 2021 India has registered a multi-fold increase in digital adoption, making it the second-largest consumer internet market. Increased investments towards digital infrastructure will lead to quicker adoption of emerging technologies. To further strengthen the sector, a sustained and comprehensive approach is the need of the hour. India currently has 34 rural internet subscribers […]
How India Held its Own Amid Global Chaos
09 Jun 2022 At a time when the global economy is stressed, India has been able to hold its own and don the mantle of being the fastest growing major economy in the world. Despite multiple challenges to growth, first the pandemic and then the war in Ukraine and all their concomitant macroeconomic shocks, […]
Steps Towards Growing Sustainably
14 Jun 2022 With several measures being enacted by different ministries, including the environment ministry’s PARIVESH 2.0 and continuous monitoring of emissions by the Centre, we are a few steps closer to attaining SDGs. As India marks 75 years of independence this year, achieving economic growth with environmental sustainability and climate change mitigation have emerged […]
Unleashing the Indo-ASEAN growth potential
08 Nov 2021 In October, PM Narendra Modi addressed the 18th India-ASEAN Summit where he emphasised the shared cultural values between the ASEAN nations and India and reaffirmed New Delhi’s focus on a free, open and inclusive Indo-Pacific with a pivotal role played by the group. The PM also participated in the 16th East Asia […]
Green shoots of economic recovery
22 Nov 2021 The Covid-19 pandemic caused massive disruptions across the global economy, many of which are still being felt as countries move in and out of slowdowns and restricted movements. In 2021, a rebound is being seen as demand is recovering and vaccinations are helping restore confidence. India, too, is well on the path to […]
Covid-19 and foreign trade: How to ensure Indian exports survive the churning and pick up steam
13 Apr 2020 The global spread of Covid-19 has brought about an unprecedented halt to activity in all major economies. WTO has forecast global trade volumes to drop sharply by 13-32%, which has not been seen before in the modern era. The situation is so fluid that most of us hesitate to put a number […]
Labour reforms can help reshape India’s growth trajectory
05 Oct 2020 India is projected to have the largest working population in the world between 2022 and 2034, with 10 million youth entering the workforce every year. Unleashing the true potential of such a strong workforce demands employment capacity of the industry. Therefore, rigidities and administrative burden in the labour regime were required to […]