NITI Aayog vice-chairman advises states to follow Tamil Nadu model for framing land acqisition laws
The zones, says Panagariya, would have to be set up near deep-draft ports, capable of accommodating very large and heavily loaded ships
Reserve Bank of India Deputy Governor Viral Acharya is the eighth economist to quit since the Modi government took office.
The review stresses on creating conditions for growth that is employment-friendly.
Economists have said if a stimulus is needed it should be different from what was provided in 2008-09, when the economy faced the ripple effects of a global meltdown following the Lehman Brothers collapse.
The perspective planning division might get a new lease of life.
Describing the BJP's election victory as an "astonishing triumph of Narendra Modi", noted economist Jagdish Bhagwati on Monday advised him to retain Raghuram Rajan as RBI Governor and to hold monthly press conferences to articulate the government's agenda.
Modi said that only governments and their initiatives will not make a New India.
Experts will give their inputs for Budget.
A government panel examined the records of employees surveyed by Labour Bureau's quarterly enterprises surveys and mapped it with the EPFO's subscribers and found "unexplained variations" between the two.
The government is scrambling to contain the fiscal deficit at 4.1 per cent of GDP in the fiscal year ending March
In a time of crisis like this, a government needs its people and politics united. A nation of India's size and diversity can't fight a stronger rival with fraying social cohesion, observes Shekhar Gupta.
'It is likely the government may opt for an IAS officer.' 'For the government, an IAS officer will be more easy to deal with,' notes A K Bhattacharya.
The NDA govt launched the Mudra scheme to give unsecured loans of up to Rs 10 lakh to small enterprises with the objective to provide self-employment
China is keen to get Indian bullet train deals as it would provide a major opening for it to win projects abroad.
Modi's government sees itself in a sweet spot with spare cash.
The amendment Act provides for the elimination of the exemption as it relates to compensation and resettlement and rehabilitation of families.
Bhagwati reminded Modi that the US system was driven by lobby groups and India needed to voice its concern over the anti-outsourcing sentiment in the US
NITI Aayog spent a considerable time on restructuring the setup.
'We do not want people who are air dropped and who fly out once the job is done.' 'Ever since liberalisation started, we keep on hearing that it's going to be jobless growth.' 'This speaks of the failure of the foreign returned policy makers.' 'When questions are raised, answers should be given and not a resignation.'
Ahead of his government's first full year budget, Prime Minister Narendra Modi on Friday sought ideas from economists to attract investments, create jobs and finance infrastructure to put India back on high growth path.
At its last policy review, the central bank left policy repo rates on hold at 7.25 percent, tying future cuts to inflation outlook.
Kaushik Basu, whose stint at the World Bank ends on July 31, was being looked at as a serious contender, the sources said
It raises three major questions - the incentive compatibility issue, the fairness issue and fiscal challenge, said Panagariya.
Economist Arvind Panagariya is the vice-chairman of NITI Aayog, while economist Bibek Debroy and scientist V K Saraswat are the two full-time members of the Aayog.
On Friday, the nameplate of the erstwhile commission on the railings of the Yojana Bhawan was pulled down and replaced with NITI Aayog.
From parity in 1980, China's economy has outgrown India's fivefold to $10 trillion
With his strong views on Bharatiya economics, his appointment to the RBI board may well presage interesting times, says Archis Mohan.
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
'It is for the first time in 70 years that the US has come out totally in India's favour on the Kashmir issue,' says Colonel Anil A Athale (retd).
Stepped up public expenditure must be accompanied by focused policies, advises Vinayak Chatterjee.
On the back of ongoing reforms and stress on manufacturing, India. he said, can look for much bigger share in global exports.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
India's primary failings have been in its inability to deliver health and education for all.
Despite presiding over scores of factories in what is today India's largest garment exporter with 105,000 employees, Ahuja is a modest man with much to be immodest about. He tells Rahul Jacob that the government needs a free trade agreement with Europe fast to ensure a level-playing field with Bangladesh and Vietnam.
The US FOMC concludes its two-day meeting today while the Bank of Japan will start its two-day meeting today.
The event will be significant for the Congress and Trinamool Congress leaderships, cementing the proximity during the winter session of Parliament.
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