India's economy is projected to maintain growth above 7 per cent in 2026-27 (FY27), supported by strong domestic consumption and investment, even as global growth faces risks from geopolitical tensions, according to industry body Assocham.
The Congress on Monday took potshots at West Bengal Chief Minister and Trinamool Congress chief Mamata Banerjee over her move to stage a demonstration at the Jantar Mantar in new Delhi against the Centre's new reforms, saying that the United Progressive Alliance government is determined and has made a commitment to push economic reforms for the betterment of the country.
Prime Minister Narendra Modi has accused opposition parties of obstructing the passage of the women's reservation bill in Parliament, alleging they have crushed the dreams of women and prioritised selfish politics over national progress.
But, the envoy acknowledged that there are infrastructure sectors which pose tremendous challenges where enormous amount of work, needed to happen.
The Opposition BJP on Thursday said it is willing to consider supporting the government in expediting economic reforms if the Prime Minister takes the initiative.
Confederation of Indian Industry has asked Prime Minister Manmohan Singh to fast track economic reforms, which in turn would boost investments and accelerate growth, chamber's new president Adi Godrej said on Thursday.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
'Mobius made EMs investable and India his most enduring belief.'
Jagdish Bhagwati, University Professor, Economics and Law, Columbia University, delivered the Third Hiren Mukerjee Memorial Annual Parliamentary Lecture in the Central Hall of Parliament House on December 2, 2010. Here are the edited excerpts of his excellent analysis of how the economic reforms have benefited India:
The Indian government has launched the Urban Challenge Fund (UCF) with a total outlay of Rs 1 lakh crore, aiming to leverage private and market finance for urban infrastructure projects by providing state support in capacity building and credit guarantees.
India's privatisation push, once projected as a cornerstone of economic reform, has suffered another setback, with the Centre set to call off the IDBI Bank stake sale, highlighting the political and structural constraints shaping the country's disinvestment policy, experts say.
'Our government is committed to addressing it firmly while protecting the rights of genuine citizens.'
The mandate will help further the development agenda in these states, with good governance and policy reforms taking centrestage
He will meet foreign investors to persuade them to invest in India.
Noting that India prohibited foreign investment in too many sectors such as retail, US President Barack Obama on Sunday cited concerns over deteriorating investment climate there to endorse another 'wave' of economic reforms.
Modelled loosely around the National Highway System of the US, he in 2001 launched the Golden Quadrilateral and the North-South & East-West Corridor projects to build 4/6 lane highways between four top metropolitan cities of Delhi, Mumbai, Chennai and Kolkata as well as from Srinagar to Kanyakumari and Porbandar to Silchar.
'She was not a yes person. She would tell the truth and her feelings to Indira Gandhi, and Indira Gandhi would value her opinion. The same was the case with Rajiv Gandhi who would value her opinion.'
The Indian government and opposition parties are set for a showdown in Parliament over a Constitution amendment bill concerning the implementation of the women's quota law and the delimitation exercise. The Opposition is concerned about the potential impact of delimitation on the political representation of southern states.
Luck appears to be on the government's side. It needs to take full advantage of it by initiating long overdue economic reforms without delay, says A K Bhattacharya.
BJP's success in two state elections gave Modi room to cut through a thicket of regulations and state controls.
Describing the pace of change in China as truly astounding and outstanding, Congress president Sonia Gandhi on Saturday said that India had much to learn from the way the Communist nation had approached economic reforms and liberalisation. Gandhi said the world today recognised the reality of an Asian renaissance and the re-emergence of China and India. She said that the two countries must work and prosper together as the world is big enough to accommodate the growth of both.
One of the most uncivilised characteristics of this war has been the total disregard for international law and the laws of armed conflict, asserts Vice Admiral Biswajit Dasgupta (retd).
'A genuine tribute to Dr Ambedkar does not lie in selective invocation. It lies in asking a harder question: Is the Constitution still doing its job -- restraining even assertive majorities?' asks Manoj Mohanka.
India, the world's fourth largest economy, is set to maintain the 'goldilocks' phase with tailwinds of good growth, low inflation and robust banking performance as well as reform initiatives poised to sustain the economic pace witnessed during 2025.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
Escalating geopolitical tensions in West Asia are prompting investors with exposure to Dubai's real estate market to reassess their portfolios. And, in this rejig, India is emerging as a stable destination for capital investment and long-term growth.
'If movement remains stalled for three to four months, more than 300,000 recruitments from India could be affected.'
'The unregulated marketing has to stop. People are getting recommendations for this from gym trainers, from marriage counsellors -- that is simply unacceptable.' ''There are many ways to lose weight -- eat less, fast, exercise, eat healthy. That is how you lose weight.'
It is time to reset expectations as government will move with alacrity on social policy, not on economic reforms.
He was responding to a question on economic reforms in the country.
After years of rapid expansion, the Centre's capital spending growth eases as private investment shows early signs of revival, points out A K Bhattacharya.
'In the long run, India's strong growth story and reforms to make assets globally attractive will determine the rupee's resilience.'
'The BJP is keeping its options open and that the final decision is still tightly held.' 'That is consistent with the party's tendency to preserve suspense, avoid premature factional conflict, and use leadership selection as a way of resetting internal hierarchies.'
The story of Bihar's educational reform is a lesson for all reforms done halfway.
This year's Economic Survey and the Union Budget were more closely followed for more reasons than one.
The government has intensified its Study in India programme and is working closely with universities and states to achieve this goal.
A bust of Chakravarti Rajagopalachari, the first Indian governor-general, has replaced a statue of British architect Edwin Lutyens at Rashtrapati Bhavan, symbolizing a move away from colonial influences and embracing Indian heritage.
Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.
'What we have yet to see on either the US or the Iranian side is willingness to compromise on their ultimate demands and the flexibility to reach an agreement to end the war.
Rumours that Mr Xi was a market reformer appear to have been exaggerated.
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