Articles: June 2018

By: Ajit Ranade
Category: Common citizen, Governance, Inequality, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy
The central banks of US, EU and Japan, for almost a decade, followed a policy of printing money, and kept interest rates near zero so as to induce more lending by banks and more credit growth. Bank create money supply by a process of credit creation. Ballooning debt also means rapid increase in... read more
By: Arun Maira
Category: Governance, Inequality, Sustainability, Taxes, China-India, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
The inability to ‘pick winners’ with certainty in a dynamically changing world is the principal argument of liberal economists who oppose the very idea of governments developing industrial policies. New technologies can change the shapes of manufacturing processes and disrupt historical sources of... read more
By: Ajit Ranade
Category: Common citizen, Inequality, China-India, Global, Jobs, India politics, Indian economy
China will import 8 trillion dollars of goods and services in the next five years, a commitment announced by President Xi himself. This is a fantastic opportunity for India’s entrepreneurs. India must also do more to woo more Chinese tourists here, and achieve a 100 percent growth at the very least... read more
By: Jagdish Rattanani
Category: Common citizen, Governance, Inequality, Sustainability, Global, Jobs, India politics, Indian economy, Inclusive growth
However, the real strength and appeal of these messages is more in the way everyday people can relate to, practice and engage with them. No official telling, however strong the arc lights, can match up to the pull and power of citizens taking the message forward and making it a part of their lives... read more
By: Usha Thorat
Category: Common citizen, Global, RBI, Jobs, India politics, Indian economy, Inclusive growth, GST
Given the global conditions, Fed rate hikes, capital outflows, elevated oil price rise, closing output gap, rising current account deficit and the likely pressures on the fisc in the run up to 2019, a rate hike seemed a foregone conclusion. These coupled with the recent rise in core inflation and... read more
By: Himadri Bhattacharya
Category: Common citizen, Global, RBI, India politics, Indian economy, Inclusive growth, GST
MPC's unanimous decision for a rate hike that has come after a gap of more than four years took note of the prevailing good domestic demand condition, particularly in the rural areas on the back of a bumper harvest and the government’s thrust on rural housing and infrastructure. As already... read more
By: Ranjit K Pattnaik, Jagdish Rattanani
Category: Common citizen, Taxes, Global, RBI, India politics, Indian economy, Inclusive growth, GST
The overall growth signals both from the demand side (consumption and investment) and supply side (agriculture, manufacturing and services) are encouraging. There is a consensus that there are signs of revival of investment activity with manufacturing output showing strong revival and indicating... read more