Opinion: Bornali Bhandari and Laxmi Joshi. Small farmers lack access to tools, as the tractor-dominated farm machinery sector suffers from demand, supply constraints India is simply not producing the sort of farm machinery that our small and marginal farmers want or can readily use at a price which appeals to them. Farm machinery comprises equipment... Read More
Economic think-tank NCAER's business confidence index (BCI) registered a sequential increase of 2.2 per cent in June quarter of 2016-17 mainly driven by improvement in perception about economic conditions and financial position of firms in the next six months. The increase in BCI was helped by improvement in sentiment in two out of its four components... Read More
Economic think-tank NCAER's business confidence index (BCI) registered a sequential increase of 2.2 per cent in June quarter of 2016-17 mainly driven by improvement in perception about economic conditions and financial position of firms... The think-tank said BCI is developed on the basis of responses to four questions. Two of these are devoted to macro factors and the other two... Read More
We need to rethink social safety nets in India’s growing economy so that they can also focus on the accidents of life rather than solely on the accidents of birth. Sometimes the grand narratives of the Left and the Right do not seem to have any relationship with the lived experiences of ordinary Indians. For... Read More
As Subramanian argues India simply cannot get a sustained 8% growth without a significant export growth. (PTI) Though Brexit is the latest threat to globalization as chief economic advisor (CEA) Arvind Subramanian pointed out at the India Policy Forum Lecture on Tuesday the seeds of the destruction of the era of hyper-globalisation – exports-to-GDP rose... Read More
NEW DELHI: The Chief Economic Advisor (CEA) to the Prime Minister Arvind Subramanian believes a solely consumptionled model of economic growth will not be able to sustain a doubledigit growth rate in India. Speaking at the India Policy Forum 2016 organised by the National Council of Applied Economic Research (NCAER) Subramanian said the new wave of... Read More
New Delhi: In the wake of developed nations moving away from globalization India should take the lead in pursuing the goal of open markets and develop an exportled strategy for strong economic growth as only domestic consumption cannot sustain an 810% economic growth over the medium term chief economic adviser Arvind Subramanian said on Tuesday. Delivering the 2016 India Policy... Read More
Subramanian on Tuesday came out strongly in favour of the central government's Make in India campaign saying that an exportoriented strategy was essential for India to achieve an eight per cent annual growth trajectory on a sustained basis. On the impact of Brexit on the Indian economy Subramanian said while it would impact growth in the UK and... Read More
The significant shift from farm work to non-farm sources of income accelerated the decline in poverty in India. Non-farm jobs pay more than agricultural labour and incomes from both were propelled by a steep rise in wages for rural unskilled labour. While lower dependency rates and transfers — from remittances and social programmes — have... Read More
A significant share of women in the country get married without even the most basic forms of communication with their to-be-spouses before their wedding day Indian women may be shedding their clichéd demure image but when it comes to matters of choosing life partners they still opt for the traditional conventional ways. According to the... Read More
Their survey index of firms dipped in JanApril to a 10quarter low; however political confidence measure rose India Inc's confidence in the economy and their businesses fell to a 10quarter low in the threemonth period ending April this year showed a survey of the National Council of Applied Economic Research. Their Business Confidence Index (BCI) declined to 121.6 points in the... Read More