For Duflo and Banerjee, an important part of their work has been ensuring that the agency of the "beneficiaries" -- usually, in developing countries like India, poorer individuals -- is put at the centre of any policy design. This is a crucial way in which experimental results are often better than large scale data-based inference, says Mihir S Sharma.
While welcoming Prime Minister Narendra Modi's announcement on Saturday to celebrate January 16 as National Start-up Day, six years after the Start-up India Action Plan was launched by the government, stakeholders in the ecosystem say that more needs to be done at the policy level to unleash the next phase of growth in the sector. "The Start-up India programme's launch in 2016 was a turning point - that is when the promoter came to be known as the founder in the country and the word 'entrepreneur' entered the common lexicon. "But now we need a Start-up India 2.0 now for the next phase of growth of the ecosystem", said Siddarth Pai, managing partner of venture capital (VC) firm 3one4 Capital. Pai says that Startup India 2.0 must look at promoting Startups headquartered in tier II,III & IV cities and solving the problems of Bharat.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
Should we really pay attention to them, asks Ajit Balakrishnan.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
Education, jobs, health and more: Experts share their wishlist.
Wadhwani joined the billion-dollar club in 1999, when he sold a venture for $9.3 bn to i2 Technologies.
'India needs offensive and defensive security measures to protect itself.'
How soon can India reach a point when there is no hidden underemployment and all who want work can find it at a fair wage and decent work conditions, asks Nitin Desai.
Farming and agriculture are crying out for a business model innovation, says R Gopalakrishnan.
The new PM would be more than unwise to attempt steering away from India into an all-encompassing Chinese embrace that would ultimately swamp Bhutanese identity, says Brigadier S K Chatterji (retd).
Rather than going through the tedious, hit-or-miss process of physically designing hull forms and superstructures for warships and then determining how visible they are to radar, the company will simulate this process on supercomputers.
Modi said a separate rating agency would help the economies of the member countries as well as other developing nations.
The shortage of skilled workers in India is one of the country's biggest challenges.
Of the 73 names, 41 have been approved by the Appointments Committee of the Cabinet for secretary-level posts, while 32 names have been cleared for holding additional secretary or equivalent-level posts, reports R Rajagopalan.
Bringing in the untapped informal sector into the formal one will benefit business.
'Adaptability is what is needed right now and students have to continuously learn the new tools to remain relevant in the career they choose.'
He said manufacturing ethanol and biogas from waste could result in savings to the tune of Rs 5 lakh crore annually
...Is this a virus more dangerous than Covid-19, asks Ajit Balakrishnan.
Family, friends and the army pay their respects to Captain Tushar Mahajan who laid down his life during the encounter in Pampore.
Bharti Airtel chairman Sunil Mittal has expressed hope that the government and regulators will step in to ensure the sector remains a viable place for continued investments and asserted that the industry requires "long overdue" support to maintain its current 3+1 structure. In the latest annual report of Airtel, Mittal said as the sector's role in the economy becomes more pervasive, its challenges loom larger. Issues such as unsustainable pricing and low returns in a highly capital-intensive environment, coupled with legacy legal issues, "have extracted their toll", Mittal observed.
In democratic India, a citizen can be a patriot and at the same time be critical of the government, unlike China which promulgated a national security law in Hong Kong prescribing patriotism to contest elections, observes Rup Narayan Das.
Hercules Singh Munda's father used to open the gates to a forest. Today, Hercules leaves for London to open the gates of his many dreams.
'AI will be bigger than the advent of the Internet or the harnessing of electricity.' 'India must embrace it with all its might,' says NITI Aayog CEO Amitabh Kant.
'Just this week, the Indians killed a Kashmiri terrorist, who is a member of Hizbul Mujahideen.' 'This is a nasty terrorist organisation, and did Pakistan welcome this killing?' 'No, in fact, they denounced it and referred to him as a Kashmiri separatist.' 'These Kashmiri terrorist groups have been aided by the Pakistani State.'
'I told myself, I will be 23 next year. Why can't I be a billionaire too?'
Once you enter IIT Kanpur, you know you have arrived at a place which is at par with the best educational institutes worldwide. If not better.
Prime Minister Narendra Modi's three-day visit to Britain has seen India and the UK agreeing on Rs 90,000 crore deals.
With half of their staff on duty and no visitors allowed in waiting halls, many top leaders of Bharatiya Janata Party (BJP) who are under quarantine due to the extended lockdown are exploring ways to keep themselves busy.
Chef Aditi Handa, who is deeply invested in baking, makes the most delicious sourdough.
Will Covid-19 permanently change higher education, asks Ajit Balakrishnan.
50 years ago, on April 1, 1968, Tata Consultancy Services -- now India's leading IT company -- was born. The foundation for TCS was laid by Faqir Chand Kohli whose life touched directly or indirectly many, many, Indians, says Shivanand Kanavi.
Making a strong pitch for greater connectivity with the diaspora youth, Overseas Indian Affairs Minister Vayalar Ravi on Tuesday said partnerships between young Indians in the country and those residing overseas in industry and social sectors would create jobs and bring prosperity.
One solution to India's challenges of education, employment, employability lies in state governments adopting apprenticeships on a large scale.
RustOrange co-founders Samik Sarkar, Shashank Agnihotri and Kuvalaya Singh share their story and learnings.
The idea is to incorporate global best practices in the Indian context.
Is it just the glamour?
'Make in India'presents a huge opportunity for jobs.
A customer wanting to buy a car would have to wait a long time for delivery.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
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