The Modi government gains in political strength and popular support even as the economy swings downward. Can the two continue to move in opposite directions?
Amid talk of jobless growth and the urgent need for India to create employment for its millions of young men and women, the Chief Statistician of India, T.C.A. Ananth, says there is not much evidence to show that the unemployment scenario may have worsened in the last three or four years.
Anubhuti Vishnoi
Even as small traders in India’s vast unorganized sector express their confusion about the new tax regime, their faith in its long-term benefits has not lessened.
AADYA SINHA, TALHA ASHRAF & DIVYA NARAYANAN
The Indian voter is changing and doesn’t mind paying more for better services and goods. It is for the leaders to understand this welcome change and build a new politics around it.
On paper, the 21-point plan looks balanced—Palestinian governance, international oversight, reconstruction pledges. But in reality, it is a non-negotiable diktat.
As many as 21 policy reforms are under implementation following Invest Kerala Global Summit, as LDF govt works to change perception that the state is not conducive to businesses.
Company builds microsatellites that are smaller, faster, cheaper to produce. ICEYE will develop & launch micro-satellites, hand them over to India, which will have full control & sovereignty.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Unlike most other major economies, India managed to prevent any serious damage to it’s economy during the financial crisis of 2008-09. Public memory is short, but it’s important to remember how Dr.Manmohan Singh and Mr.Pranab Mukherjee navigated the ship through the storm.
Also, it’s unfair to club the 6 years between 2011 & 2017 into one homogenous period for comparison purposes.
Between 2011 & 2014, crude oil prices were at punishingly high levels and this had an adverse impact on our Current Acct deficit. That in turn hampered growth.
But after 2014, oil prices have been benign. Despite that, M/s.Modi, Jaitley & co. haven’t managed to ramp up the economy.
It’s convenient to fall in line with the popular narrative that UPA2 was a disappointment & club today’s economic under-performance with the growth figures of UPA2.
But if a commentator is fair & truly honest, he will place the economic indicators of both these eras in the proper context.
Here is a write-up that only sees the pitfalls but has no solutions. Why waste time of yourself & others.
hi, appreciate your thoughts, but please suggest what serious attempts goverment should undertake to revive the growth…
We seem to forget 2 things.
Unlike most other major economies, India managed to prevent any serious damage to it’s economy during the financial crisis of 2008-09. Public memory is short, but it’s important to remember how Dr.Manmohan Singh and Mr.Pranab Mukherjee navigated the ship through the storm.
Also, it’s unfair to club the 6 years between 2011 & 2017 into one homogenous period for comparison purposes.
Between 2011 & 2014, crude oil prices were at punishingly high levels and this had an adverse impact on our Current Acct deficit. That in turn hampered growth.
But after 2014, oil prices have been benign. Despite that, M/s.Modi, Jaitley & co. haven’t managed to ramp up the economy.
It’s convenient to fall in line with the popular narrative that UPA2 was a disappointment & club today’s economic under-performance with the growth figures of UPA2.
But if a commentator is fair & truly honest, he will place the economic indicators of both these eras in the proper context.
So who or what is preventing a government with a clean majority from making that attempt …