India's growing at more than twice the speed of global economy, and doing better than any other large economy, but longer-term problems with country's statistical system & data base remain.
Demographic dividend can be exploited only if people are actually working, and if they have proper education & skills. India has fallen short on both counts.
It takes 8-10 years for a selection process to be carried through while the defence services wait. Indeed, in the end, there may be no acquisition at all.
The Vajpayee govt suppressed food prices and lost, while the first Manmohan Singh govt corrected that and was re-elected. It’s good politics and good economics.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
Congress is silently acknowledging it over-read verdict of last general election. You can see it in easy concession to SP. It will likely be more reasonable in Maharashtra & Jharkhand.
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