Maitreesh Ghatak
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Opinion: The Big Numbers That Could Decide Whether Mamata Returns
The BJP is running on the electoral plank of "real change," promising growth and jobs, while the Trinamool is pushing back with its record of setting up various welfare schemes; the Left Alliance has been highlighting the economic hardships faced by
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So How Bad Is India's Economic Crisis? Brace Yourself.
One does not need a weatherman to figure out which way the wind is blowing. Whether one goes by data or anecdote, that the Indian economy has been experiencing a contraction - rather than growth - since March 2020 has been evident from all accounts. It has been almost six months since the crisis broke, we are no longer using the strange term "negat...
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Comparing Rishi Sunak's Plan For UK To India's Steps
There is an oft-repeated quote - "There is no free lunch" - intended to capture that everything has a price. Britain's Finance Minister Rishi Sunak seemingly dodged this dictum when he presented his summer statement last week.
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3 Points Of Concern On Government's Much-Needed Economic Package
We are waging a war against an invisible but common enemy. It is time to put aside our differences - we sink or swim together. And, as in any war, protection of our own, especially the most vulnerable is no less important than combating the aggressors - or what kind of empty victory would we hope to achieve?
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$5 Trillion Economy By 2024? Magic Realism At Play Given Current Low
Yes, we need more comprehensive reforms. But when the economy is going off the rails, pushing it back on track is the main priority, as opposed to improving the quality of tracks so that it can run faster. To achieve that, putting more purchasing power in the hands of billions of consumers and lowering the regulatory and tax burdens on the millions...
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No Disguising The Economic Slowdown Now. Take A Look
Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the unemployme...
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Modinomics - What He Promised And What We Got
As we approach the 2019 elections, five years after Narendra Modi was elected with a thumping majority on a plank of economic development, no one talks of achhe din or Modinomics any more. Is it a case of mission accomplished - or topic-change out of necessity? How does the Modi government's economic scorecard look if we consider some key in...
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Migrants Certainly Forced Into Atmanirbhar Abhiyan
A more universal income transfer programme would help both in helping individual cope with the crisis and to create a demand base once lockdown is eased in a staggered and gradual manner. There is still time to reconsider.
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Rahul Gandhi's New "Game-Changing" Scheme Could Work - If Only...
The case for building up a social safety net in a country like India where the largest number of the world's poor live is compelling both from the point of view of social justice and political pragmatism. From this point of view, the MIG is a welcome idea. However, designing such schemes has to be done with much care. Otherwise, today's new solutio...
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Modi Supporters, Please See These New Economic Facts
It turns out that overall, the economy under both UPA terms (10-year average: 8.1 per cent) outperformed the Modi Govt (average: 7.3 per cent). Even if we look at the average growth rate under UPA II, a period of so-called policy paralysis, it was marginally higher at 7.4% than that under the Modi government.
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Opinion: The Big Numbers That Could Decide Whether Mamata Returns
The BJP is running on the electoral plank of "real change," promising growth and jobs, while the Trinamool is pushing back with its record of setting up various welfare schemes; the Left Alliance has been highlighting the economic hardships faced by
-
So How Bad Is India's Economic Crisis? Brace Yourself.
One does not need a weatherman to figure out which way the wind is blowing. Whether one goes by data or anecdote, that the Indian economy has been experiencing a contraction - rather than growth - since March 2020 has been evident from all accounts. It has been almost six months since the crisis broke, we are no longer using the strange term "negat...
-
Comparing Rishi Sunak's Plan For UK To India's Steps
There is an oft-repeated quote - "There is no free lunch" - intended to capture that everything has a price. Britain's Finance Minister Rishi Sunak seemingly dodged this dictum when he presented his summer statement last week.
-
3 Points Of Concern On Government's Much-Needed Economic Package
We are waging a war against an invisible but common enemy. It is time to put aside our differences - we sink or swim together. And, as in any war, protection of our own, especially the most vulnerable is no less important than combating the aggressors - or what kind of empty victory would we hope to achieve?
-
$5 Trillion Economy By 2024? Magic Realism At Play Given Current Low
Yes, we need more comprehensive reforms. But when the economy is going off the rails, pushing it back on track is the main priority, as opposed to improving the quality of tracks so that it can run faster. To achieve that, putting more purchasing power in the hands of billions of consumers and lowering the regulatory and tax burdens on the millions...
-
No Disguising The Economic Slowdown Now. Take A Look
Only last spring, as the country was gearing up for elections, we were hearing about a growth rate of 7 per cent, the highest in the world. Various new statistics were trotted out to suggest that the growth rate since 2014 had been higher than that under the previous regime. Those of us who looked at other economic indicators such as the unemployme...
-
Modinomics - What He Promised And What We Got
As we approach the 2019 elections, five years after Narendra Modi was elected with a thumping majority on a plank of economic development, no one talks of achhe din or Modinomics any more. Is it a case of mission accomplished - or topic-change out of necessity? How does the Modi government's economic scorecard look if we consider some key in...
-
Migrants Certainly Forced Into Atmanirbhar Abhiyan
A more universal income transfer programme would help both in helping individual cope with the crisis and to create a demand base once lockdown is eased in a staggered and gradual manner. There is still time to reconsider.
-
Rahul Gandhi's New "Game-Changing" Scheme Could Work - If Only...
The case for building up a social safety net in a country like India where the largest number of the world's poor live is compelling both from the point of view of social justice and political pragmatism. From this point of view, the MIG is a welcome idea. However, designing such schemes has to be done with much care. Otherwise, today's new solutio...
-
Modi Supporters, Please See These New Economic Facts
It turns out that overall, the economy under both UPA terms (10-year average: 8.1 per cent) outperformed the Modi Govt (average: 7.3 per cent). Even if we look at the average growth rate under UPA II, a period of so-called policy paralysis, it was marginally higher at 7.4% than that under the Modi government.
