If India wants 8% growth, private investment will have to substantially pick up, Ranade explains. But that can happen only if demand improves, which is contingent on wages increasing.
Ranade was removed from his role at the Pune-based Institute but received relief from Bombay HC. In his resignation letter, he writes it 'doesn't indicate acceptance of ineligibility'.
Sanyal is also a member of the EAC-PM. Debroy, who is chairperson of EAC-PM, resigned from GIPE chancellorship last week amid controversy over removal of institute’s V-C Ajit Ranade.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
5% GDP growth on a base of $ 18 trillion. 6.5% on a base of $ 3.8 trillion. Population size equal. That has a direct bearing on removal of poverty, better HDI outcomes.
5% GDP growth on a base of $ 18 trillion. 6.5% on a base of $ 3.8 trillion. Population size equal. That has a direct bearing on removal of poverty, better HDI outcomes.