Viewpoint: Bank Nationalisation
MEDC | 30 JUL,2019
Half a century has passed since the nationalization of 14 banks (all of which had then total deposits exceeding Rs. 50 crore). Whether it was a good or bad move is now... Read more
Major labour law reform on anvil
MEDC | 30 JUL,2019
The government has proposed one licence, one registration, and one return for establishments. This will facilitate compliance in the sector as well as promote the ease... Read more
India moves up in Global Innovation Index
MEDC | 30 JUL,2019
India rose five positions to become the 52nd most innovative country, according to the Global Innovation Index (GII). India’s rank has risen 29 places since 2015... Read more
MEDC | 30 JUL,2019
Of all Asian central banks this year, the RBI has probably been the most proactive in cutting interest rates to spur economic growth. Obviously, this is possible only ... Read more
Viewpoint: India's poverty challenge
MEDC | 22 JUL,2019
The recent release of the UNDP’s annual report on multidimensional poverty is an appropriate point to evaluate India’s progress on poverty reduction. Multi... Read more
Funding highways through bonds
MEDC | 22 JUL,2019
The government plans to raise money by issuing bonds at attractive returns, and encourage greater private participation in the road sector. As Highway Minister Nitin G... Read more
Strengthening connectivity infrastructure
MEDC | 22 JUL,2019
The Union Budget has given a massive push to the development of connectivity infrastructure. The government envisions using rivers for cargo transportation. This will ... Read more
Fiscal policy for economic growth
MEDC | 22 JUL,2019
The budget proposals will promote both Make in India and the rise of digital payments in the country. Affordable housing has been given a boost with an additional dedu... Read more
Viewpoint: A $ 5 trillion economy
MEDC | 15 JUL,2019
There is an official desire to make India a $ 5 trillion economy by 2024. Not only is it a symbolic gesture which sounds good, but it also seems feasible. However, the... Read more
MEDC | 15 JUL,2019
A survey by the RBI has revealed that housing affordability has worsened over the past four years. With a median 74.4 months’ salary required to buy a house, Mum... Read more
Government committed to fiscal consolidation
MEDC | 15 JUL,2019
There are no easy solutions for countries with a precarious fiscal position, and it is good to know that the government is officially committed to financial prudence. ... Read more
Rapid poverty decline from 2006-16
MEDC | 15 JUL,2019
India recorded the fastest reduction in multidimensional poverty between 2006 and 2016. According to a report by the UN, India lifted 271 million people out of poverty... Read more
Viewpoint: Union Budget 2019-20
MEDC | 08 JUL,2019
The government intends to make India a $ 5 trillion economy by 2024, and a well-designed budget is a logical starting point for it. The budget means different things t... Read more
Setting up of a National Research Foundation (NRF)
MEDC | 08 JUL,2019
The NRF will fund, coordinate and promote educational research in the country. NRF would ensure that the overall research ecosystem in the country is strengthened with... Read more
MEDC | 08 JUL,2019
A payment platform for MSMEs will be created to enable them to file their bills and make their payments. That will minimize transaction costs and boost investment in t... Read more
