Observing that it is not yet clear to him what the government means by 'Atmanirbhar Bharat', Rajan said if it is about creating an environment for production, then it is a re-branding of the Make in India initiative.
Rajan said that while there were talks about Jan Dhan, it was difficult to target transfers to people through this tool. Jan Dhan, he said, does not really work as advertised.
There's no silver bullet to get rid of poverty, says Alok Sheel.
How China's all powerful Communist party bungled the response to the coronavirus crisis.
Immigrants from India and China are quick to assimilate into the economic fabric of the United States, but are not as quick when it comes to assimilating culturally and in civic matters, a study by Jacob Vigdor, associate professor of public policy studies and economics at Duke University, has found.
Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.Indian Americans are not just shining in the fields of technology, education and management. You can now spot them every where... in politics, in research, in the movies and even on YouTube, says Ignatius Chithelen.
At the pre-Budget meeting at Niti Aayog, Modi called for a focussed effort from all stakeholders in order to achieve the target of $5 trillion economy. The participants urged the government to focus on credit expansion, exports growth, governance of PSBs, increasing consumption and job creation.
'Vigilance is the enemy of the virus.' 'We need to be alert all the time, about this, until we fully understand it.' 'And that's going to take years, actually.'
'The idea is to have a separate and independent consultation on non-personal data, and decide the contours of how it should be regulated, whether as guidelines, rules, or a separate policy,' said a senior official at MeitY.
When it comes to fulfilling basic human needs, some smaller countries score higher than the economic powerhouses.
Economists at the University of Warwick, carried out a number of experiments to test the idea that happy employees work harder.
Giving legal immunity to bribe-givers motivates citizens to report corruption, says Tarun Jain of the Indian School of Business, Hyderabad.
It may be recalled that recently differences flared up between the Planning Commission and the road transport ministry after the latter's minister Kamal Nath questioned the quality of reports produced by the Plan panel.
Supreme Court is saying that consumers should not be forced to pay higher prices just because it is chemically a new drug unless there is a therapeutic benefit involved.
The current focus on data to measure marketing success could herald the end of an era -- or the beginning of a hype cycle, says Ajit Balakrishnan.
Supporters of Narendra Modi held protests in Philadelphia to protest the decision of the Wharton India Economic Forum to withdraw its invitation to the controversial Gujarat chief minister.
At this point, it is crucial to think of solutions that will help flatten the curve and also generate income, says Pratyush Banerjee.
Raghuram Rajan becomes the 23rd governor of Reserve Bank of India.
Despite fierce criticism by Narendra Modi's supporters that the Wharton Business School has violated the Gujarat chief minister's freedom of speech by cancelling his keynote speech at this month's Wharton India Economic Forum, a professor from the University of Pennsylvania argues that the decision has nothing to do with curtailment of free speech.
We need real laws to protect whistle-blowers, and even more than that real action should be taken against perpetrators, says Sandip Sukhtankar.
An official announcement to this effect would be made next week. The vice-chairman would be of Cabinet rank.
India's official COVID-19 tally on Wednesday was 4,18,480 (4.18 lakh), the third highest in the world after the US and Brazil.
The government has an opportunity right now to save Indians from deep recession, and in many cases, starvation, notes Kalyan Singhal.
The 56-year-old Democratic Senator from California, who on Saturday became America's first female, first Black and first South Asian vice president-elect, represents a new face of political power.
'There is lack of demand because people have no jobs, and no income.' 'Lakhs of people have lost their jobs and they have no income which has led to no demand in the market.'
The panel will also recommend a fiscal consolidation road map for the central and state governments, study the impact of GST on the divisible pool, and propose performance-based incentives for states.
As the China factor enters the body politic of India with greater potency, its consequences will certainly be far-reaching, note Harsh V Pant and Vinay Kaura.
Jyoti Punwani reports on the strange case of Prashant Rahi, MTech, journalist, activist, now in solitary confinement in a Maharashtra prison.
My candidate for the best general of the last century hailed from a little, poor colonised Asian nation whose impact on world affairs rarely amounted to much, notes Shankar Acharya.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
The problem with India's growth story has been its inability to reduce poverty to significant levels.
Mexico is moving away from dependence on oil revenue, and is positioned to be the next breakout nation, says Kenneth Rogoff.
'What is forgotten but is actually as important for a society's long run success is morality.' 'Morals and trust are the nuts and bolts of an economy.' 'Without those you can get short run success, but not long-run development.'
Pro-growth economist Arvind Panagariya has been appointed as first vice-chairman of the newly announced NITI Aayog, which has replaced the Planning Commission.
'In the 1990s after we ushered in reforms, Paul Samuelson wrote me a letter expressing happiness that "at last, India has discovered economic growth."'
''A third wave is very likely to come because infection is still around.' 'But it can be just a ripple.'
In an exclusive interview with Rediff.com's Vicky Nanjappa, IIM professor Rajeev Gowda says that the Congress will come to power while the ruling Bharatiya Janata Party will be routed this time.
Foreign investors don't like policy uncertainty and reversibility, says Anusha Chari.
The pipeline for well-qualified and experienced policy economists at senior levels of government has broken, leading to a growing dearth of suitable candidates for top economist positions.
'A dangerous and false binary is now surfacing in Indian political discourse, which must be firmly rejected.' 'It is that we have to choose between freedom and development.' 'For us freedom is neither merely an instrument for development nor to be subordinated to development.' 'It is, as our founding fathers proclaimed early in our freedom struggle, 'our birthright' on which we shall never compromise.' 'Growth, wealth and development are fruits of democracy, not substitutes.' Dr Manmohan Singh's thoughts on democracy: A Must Read!
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