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V. Anantha Nageswaran, member of the Prime Minister's Economic Advisory Council | Image: krea.edu.in | ThePrint Team

High production costs, compliance burden won’t let India emulate China, says PM’s advisor

PM’s Economic Advisory Council member V. Anantha Nageswaran says whittling away unwanted rules and regulations will be a step towards fixing the problem.
A worker at a utensil factory in Jammu in May | Photo: ANI

Industrial production contracts by 35% in May, but manufacturing shows signs of revival

Index of Industrial Production figures for May are an improvement over the 58% contraction in April, the first full month of the nationwide Covid-19 lockdown.

Europe finds it’s not so easy to say goodbye to low-cost China

Evidence suggests a massive shift back to Europe is unlikely because of the ever-growing importance of China. Moving supply chains closer to home might come at a cost.

How to industrialise India — new book gives tips on ‘competitive manufacturing’

Maruti Suzuki Chairman R.C. Bhargava’s Getting Competitive, by HarperCollins, will be released on 5 July on SoftCover, ThePrint’s new e-venue to launch select non-fiction books.

India can be the next China, but only if it is more open to foreign investment

While India's forex reserves and investments have increased, PM Modi's Atmanirbhar Bharat is harking back to a protectionist past.
Ramandeep Kaur | ThePrint

To hit China, aim carefully. Don’t shoot yourself in the foot

Boycott calls are unlikely to hurt China & Xi Jinping. A tactical approach, like denying it access to strategic markets like telecom products, would be better.
Rolls of material used in the manufacture of protective face masks sit near machines at the opening of a new factory near Tehran, Iran on 14 April

It’s manufacturing that’s giving Iran a lifeline, not oil

In 2019-20, non-oil exports amounted to $41.3 billion and exceeded the country's oil exports for the first time in Iran’s modern history.
Representational image | Employees at a mobile phone factory in Andhra Pradesh, 2019 | Karen Dias/ Bloomberg

Modi’s Atmanirbhar package paves way for Make in India 2.0 in post-Covid world

Make in India 1.0 was successful in starting a manufacturing movement. Make in India 2.0 can lay its base.
People using smartphones

Modi govt plans to give Rs 50,000 crore in incentives to woo smartphone makers

The incentives can make India a global hub for mobile phone manufacturing, make it the largest exported item out of India & generate half a million jobs.
Representational image | An employee stacks protective face masks on the personal protective equipment (PPE) production line | Oliver Bunic/Bloomberg

India’s fight against Covid-19 needs wartime industrial production, not more red tape

A credible industrial response during the coronavirus lockdown will translate into better provisioning for India’s overall healthcare sector in future.

On Camera

Shaktikanta Das

Inflation in India well above benign level, but RBI is not uncomfortable yet: Manpreet Badal

Should India go back to Keynes and start spending? Sadly, Modi govt does not have sufficient fiscal space to propel a strong enough multiplier.
A woman in a marketplace deserted due to lockdown in Lucknow, Uttar Pradesh | Photo: ANI

India isn’t facing up to the true financial cost of Covid

Truth is currently as scarce as capital in India. The govt doesn’t have the appetite for large-scale socialisation of private losses, lest the opposition accuse PM Modi of cronyism.


Women recruits at the Corps of Military Police Centre and School in Bengaluru

Army begins process to recruit second batch of 100 women soldiers for military police

Army intends to induct 1,700 women recruits in the military police by 2036, increasing the percentage of women in the cadre to 20 over 17 years.
Illustration: Soham Sen | ThePrint

Modi redefined secularism with Ram Mandir as Hindu voters were fed up of Sonia-Left version

Assumptions that Indian secularism died with Ram Mandir bhoomi pujan are bunk. It is enshrined in the Constitution, and is worth preserving.