Our problem is fiscal mismanagement and not freebies Recent weeks have seen increasing apprehensions raised by India’s political leadership as well as the judiciary on the increasing tendency of governments and political parties to promise ‘freebies’ to citizens. On 15 July, speaking at a function ...
Can India’s exports beat global recession? Can India’s exports beat global recession? A stellar rise in India’s exports may have helped the pandemic-battered economy look up recently, but it is barely enough to suggest a turnaround for the long run. Exports as a share of gross domestic product (GDP...
What relaxed ECB norms mean for companies What relaxed ECB norms mean for companies The Reserve Bank of India last week relaxed norms for companies raising external commercial borrowings (ECBs), as part of a set of measures to stem the slide in the rupee. What are ECBs taken by Indian companies? EC...
A novel way to fix post-harvest wastage is here A novel way to fix post-harvest wastage is here A robust agriculture infrastructure is crucial to reduce post-harvest wastage that remains high in India. The new Agriculture Infra-structure Fund (AIF) has got investment proposals worth ₹23,000 crore, ...
Digital banks and the promise of greater inclusion Digital banks and the promise of greater inclusion Last week, federal think tank NITI Aayog released a report on digital banks, offering a template for their licensing in India. It said India already has a technology stack to facilitate digital ban...