'From the time India liberalised in the 1990s, the government has policies are for facilitating the growth of the manufacturing sector.' 'The policies were put in the hope that growth of the manufacturing sector will lead to increased employment,' points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
China has consistently spent more than 2% of GDP on R&D while India's expenditure on R&D has stagnated around 0.7% of GDP. Can our government shore up resources so that we hit the R&D expenditure target of 2% of GDP set out by the Science, Technology and Innovation Policy of 2013, asks Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
Shreyas Iyer was the lone ranger as his unbeaten 191 helped Mumbai to 328/6 in their Group A Ranji Trophy cricket match against Gujarat in Hubballi on Wednesday. At stumps on the third and penultimate day, Mumbai trailed Gujarat by 109 runs with four wickets remaining in the first innings. Gujarat were all out for 437 in their first essay after Priyank Kirit Panchal slammed 232.
A long term solution to reduce India's Current Account Deficit will be to increase India's share of global merchandise exports, so that we are able use our exports to fund our imports, points out Chidambaran G Iyer, Senior Fellow, Pahle India Foundation.
