At Niti Aayog's Governing Council meet, Narendra Modi says states must recognise their core competence and work towards raising GDP targets right from the district level.
If Modi doesn’t order thorough revamp of discredited data, danger is every quarterly growth announcement from now on will be discounted by 2.5% points.
India's GDP estimates are under scrutiny again this week after former CEA Arvind Subramanian claimed country may have overestimated its growth by 2.5% points.
Modi government won’t able to avoid facts for long. Confidence in India’s economy continues to be shaky & more bad indicators will erode it completely.
Real gains can be achieved when the government focuses its reforms upstream in better contract design, stronger capacity to monitor performance and maintain documentation.
In its first ever structured deal, Indian LPG companies are set to import almost 10% of their total needs from US. Trump has been pushing India to purchase more American energy.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
The rest of the world sees India without blinkers or rose tinted glasses. The Western media is uniformly critical. Ambassadors from our smallest neighbours, posted in Chanakyapuri, must be among the best informed people about how well India and its economy are doing. The same applies to multinationals and other large investors. Put your house in order and come to us, we know your potential but will wait to see you start unlocking it more effectively. Indian diplomats, posted in Delhi and abroad, would be acutely conscious of the fact that we are no longer flavour of the season.
I expected some constructive suggestions to achieve the ambitious target.Could not see one.
The rest of the world sees India without blinkers or rose tinted glasses. The Western media is uniformly critical. Ambassadors from our smallest neighbours, posted in Chanakyapuri, must be among the best informed people about how well India and its economy are doing. The same applies to multinationals and other large investors. Put your house in order and come to us, we know your potential but will wait to see you start unlocking it more effectively. Indian diplomats, posted in Delhi and abroad, would be acutely conscious of the fact that we are no longer flavour of the season.
On a lighter note, after Dr A S’s surgical strike, we cannot even ask the statisticians to get us there.