Archived Articles (March 2023)

  • Viewpoint: Climate policy and worker productivity

    MEDC | 27 MAR,2023

    India is and continues to remain a significant fossil-fuel emitter because it seeks to bring the fruits of economic development to a population of well over a billion. Though ... Read more

  • Regulating the AI space

    MEDC | 27 MAR,2023

    The past few months have seen huge strides in artificial intelligence (AI). ChatGPT is not the only game in town, despite attracting the most attention today. It could also be... Read more

  • Optimizing Gati Shakti

    MEDC | 27 MAR,2023

    The Gati Shakti technological platform is now being routinely used by policymakers to reduce the time spent on the preparation of detailed project reports, issues related to l... Read more

  • Enduring banking turmoil

    MEDC | 27 MAR,2023

    The innate resilience of our banking system has been praised by S&P Global Ratings who said that Indian lenders are capable of enduring any potential contagion effects ema... Read more

  • Viewpoint: Banking Vulnerabilities

    MEDC | 20 MAR,2023

    The recent collapse of three banks in America have highlighted the criticality of financial sector regulations and supervision. Developments in the US banking system tend to h... Read more

  • Non-economic development factors

    MEDC | 20 MAR,2023

    Policymakers do not always recognize that economic performance depends on many non-economic factors such as cultural norms, social cohesion, and the level of public trust in s... Read more

  • Improving the world order

    MEDC | 20 MAR,2023

    A better world order has to be based on a vision of shared prosperity. For too long, the so-called liberal international order based on the free flow of goods, capital and fin... Read more

  • Enhancing agricultural resilience

    MEDC | 20 MAR,2023

    Probably the best way to enhance agricultural resilience in India is to increase the area of farmland under irrigation. That is surely happening. Some research studies show th... Read more

  • Viewpoint: Maharashtra's Budget 2023 - 24

    MEDC | 13 MAR,2023

    The state government presented its maiden Budget for 2023-24, against the backdrop of Maharashtra’s Amrut Kaal. It was based on five major goals (Panchamrut) comprising ... Read more

  • Smart manufacturing

    MEDC | 13 MAR,2023

    Smart manufacturing is essentially the use of emerging digital technologies to increase the efficiency of traditional manufacturing processes. It helps to create a more agile ... Read more

  • AI and entrepreneurship

    MEDC | 13 MAR,2023

    Artificial Intelligence (AI) has myriad uses in various scientific fields, but using it gainfully in entrepreneurship development comes as a pleasant surprise. Within a month,... Read more

  • The investment imperative

    MEDC | 13 MAR,2023

    The Prime Minister has rightly urged the private sector to take advantage of the capex announcements made in Budget 2023-24 and step up its investment accordingly. Boosting in... Read more

  • Viewpoint: India’s growth challenges

    MEDC | 06 MAR,2023

    The recently presented Union Budget did a good job under the circumstances. It not only highlighted India’s growth challenges, but also their potential solutions. But ev... Read more

  • Reforming patent laws

    MEDC | 06 MAR,2023

    The overhauling of India’s patent rules to spur innovation and R&D is finally on the policy radar. This is a much-needed step given that many enterprises are facing ... Read more

  • Ensuring capital formation

    MEDC | 06 MAR,2023

    With a 33% increase in its allocation to capital expenditure this year, the Union Budget has clarified its priorities. The aim is to boost aggregate demand in the short run, a... Read more

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