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.
Meghnad’s interest went much beyond economics and politics. This is reflected in his writing, particularly after his retirement as a full-time LSE professor in 2003.
In the latest budget, the FDI limit was increased to 100 percent, but most foreign companies are not buying such large stakes in the Indian insurance sector.
As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.
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.