Recognising the well-known fact that in terms of industrial growth India has fallen behind many of its former peers such as Brazil and South Korea, the NDA government has made the revival of manufacturing the centre piece of its economic…
If Reserve Bank of India Governor Raghuram Rajan is to be believed, efforts to help Indian farmers by providing them with cheap(er) credit and relieving them of an unsustainable debt burden only harms them in the long run. In his…
Economic diversification in rural India, involving the emergence and growth of non-agricultural activities, is considered an important means of increasing employment and per capita incomes, and improving standards of living. However, non-agricultural activities themselves are of various kinds differing in…
Emerging Asia, analysts argue, is all wrapped up in debt. For some time now they have warned about the dangers involved in the rising volume of private debt—both corporate and household—in Asia, as a result of a reversal of the…
The BJP under Narendra Modi has been by and large favoured by fortune. This is reflected not just in the fact that it managed to win 52 per cent (282) of the seats with just 31 per cent of the…
The spat between the BJP-Led government and the NDA over celebrations to mark Nehru’s 125th birth anniversary must not divert attention from one important fact. There has been for around three decades now an explicit or implicit rejection of and…
Inflows into deposit schemes for Non-resident Indians (NRIs) are shrinking. They peaked at $38,406 million in financial year 2013-14, with monthly average inflows of $3,200 million in that year (Chart 1). As compared to that, inflows during April to August…
