A huge mistake India made post-Independence was the lack of emphasis on primary and secondary education, says member of PM’s Economic Advisory Council.
New Delhi:...
RBI to announce monetary policy today; interest rates tripled from 1.25 per cent to 3.2 in past 14 months, says Bhalla, a member of PM’s eco advisory panel.
A historical analysis of inflation cycles in India suggests that average inflation tends to be higher in the last two years leading up to a Lok Sabha election.
On 8 November, 2016 the Prime Minister announced on television that 86 per cent of the money in circulation in the Indian economy stood demonetised. There are still unanswered questions about the legality of the entire exercise and even the process followed to arrive at the decision.
Demonetisation was a courageous policy decision fraught with high risks. The purported objectives of the decision were to eliminate fake currency, weed out black money, and address tax evasion. Later, digitisation of the economy was also added to the list of objectives. How has demonetisation fared on these objectives?
One year later, it is clear that the economic upside to demonetisation—if there is one—is a long-term proposition. How the government is going to ensure long-term gains is still unclear.
Exactly a year ago, Prime Minister Narendra Modi announced an ambitious but enormously disruptive decision to invalidate Rs 1000 and Rs 500 notes, ostensibly...
Demonetisation was the first major formal recognition by the Government of India that the issue of black money needs to be tackled decisively. What has India gained and lost from demonetization and what are the lessons learnt?
In a recent survey of law school admissions officers, 94% said the current political climate in the US played at least a moderate role in the increase.
New CPI series will take 2024 as base year, will provide more accurate measure of inflation, spending on digital services. Expected to enhance representation and reliability, says Saurabh Garg.
The agreement, signed after meeting between Rajnath and US Secretary of War Pete Hegseth on sidelines of ADMM-Plus in Kuala Lumpur, aims to deepen bilateral ties in the critical sector.
On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.
India’s population growth isn’t a blessing like everyone claims. Its actually a ticking time bomb. Automation is rapidly making factory jobs obsolete. India’s bulging population won’t produce enough jobs to employ these new entrants to the workforce. Even after Modi, India’s economic growth hasn’t created many jobs at all, and DeMo actually decimated the labor intensive informal sectors. And China’s growth model of the 1990s-2000s can’t be replicated by India. India was too bogged down by security issues to focus on economic reforms to make that sort of growth possible. But that window of opportunity is closed. In a way, Pakistan succeeded in destroying India rightful share of the economic pie by ensuring that India was tied down in the 90s and early 2000s.
So no, population growth without jobs is not a blessing. It is a curse, and recipe for social disturbance.
We need a cooperation of federal states again to implement uniform education. Also Teachers need to be educated also regularly to cope and deliver timely. Social awareness should be treated positively about Teachers and teaching.
India’s population growth isn’t a blessing like everyone claims. Its actually a ticking time bomb. Automation is rapidly making factory jobs obsolete. India’s bulging population won’t produce enough jobs to employ these new entrants to the workforce. Even after Modi, India’s economic growth hasn’t created many jobs at all, and DeMo actually decimated the labor intensive informal sectors. And China’s growth model of the 1990s-2000s can’t be replicated by India. India was too bogged down by security issues to focus on economic reforms to make that sort of growth possible. But that window of opportunity is closed. In a way, Pakistan succeeded in destroying India rightful share of the economic pie by ensuring that India was tied down in the 90s and early 2000s.
So no, population growth without jobs is not a blessing. It is a curse, and recipe for social disturbance.
off the cuff should be available in podcast format as well.
India a failed giant without a destination.
We need a cooperation of federal states again to implement uniform education. Also Teachers need to be educated also regularly to cope and deliver timely. Social awareness should be treated positively about Teachers and teaching.