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PM’s promises to private sector reassuring, but shouldn’t be limited to words. Govt must act at lightning speed

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PM Modi has promised more structural reforms and support to the private sector hit by the Covid crisis. It’s reassuring but the government’s intent shouldn’t be limited to words. It must act at lightning speed. Old ways of incrementalism won’t work to boost manufacturing sector and bring back the jobs.

CAPF canteen row shows dangers of political adventurism guiding a pandemic-hit economy

The controversy over delisting 1,026 products at CAPF canteens in the name of swadeshi highlights the danger of political slogans being mistaken for policy. A pandemic-hit economy cannot be guided by political adventurism. Self-reliance is a noble goal but it cannot become the foundation for inward-looking and protectionist economic policies.

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  1. The Dandi salt march, the wealthy Nehru family making a bonfire of their expensive western clothes, all that has passed into the history books. For contemporary inspiration, look no further than Bangladesh, its industrious women stitching garments for the world’s most iconic brands. 2. The mother of all economic crises is upon us. An AIMO survey finds one third of the tiny / small businesses will not reopen. Catastrophic consequences for employment and household consumption. If we revert to failed economic orthodoxy, we will simply cease to matter to the rest of the world. Both investors and governments. Itni baar bus miss karne ke baad, driver sochega, Indraprastha ke stop par rukna hi vyarth hai.

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