Sunak added that he would deliver the promises made to voters ahead of December's General Election won by the Conservative Party led by Prime Minister Boris Johnson.
The high-profile meeting was held at NITI Aayog to discuss the state of the economy and the steps the govt should take to revive growth, projected to drop to 5% this fiscal.
To help India become a $5-trillion economy, the National Infrastructure Pipeline has been unveiled. But the big constraint is money willing to be locked up for years.
All Budgets face resource restraints, but this one will have to confront them in their full severity. Modest growth figure will force govt to make hard choices.
Modi govt can celebrate Ease of Doing Business ranking but can’t ignore India’s 140th rank in happiness index or the highest suicide rate in South East Asia.
Crowded cities are rich because there is greater division of labour. The extent of the division of labour depends on the size of the market, wrote Sauvik Chakraverti in 2002.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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