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Nitin Desai is a renowned economist and Chairperson of the Advisory Board at Desai & Associates. He has had a long career in government as Secretary and Chief Economic Adviser in the Finance Ministry.
Nitin Desai is a renowned economist and Chairperson of the Advisory Board at Desai & Associates. He has had a long career in government as Secretary and Chief Economic Adviser in the Finance Ministry.
India must look beyond employment and export growth to innovation that can compete with the US and China
This narrative about India's development is described as an odyssey, perhaps because of the policy shortfalls and mishaps in the development voyage
The role of governments in influencing policy choices in internet governance has now been established. The previously dominant role of the US government has been diluted
The group of Non-Annex I countries can no longer be fully identified with the developing states, as 20 Non-Annex I countries are now included in the World Bank's list of high-income countries
At COP 30 this November, the primary goal must be to increase pressure on developed countries to move faster and more credibly on climate mitigation
A major area of success that was important for speeding up development in the post-World War II era was the trade agreement among nations
Public support for innovation must shift towards radical improvements in higher education and financial support for startups and new innovators
India, in fact, was a major exporter to West Asia, where two large empires - the Safavid and the Ottoman - provided a lucrative marketing area
The shift away from the '90s started with the turn of the millennium. Now it is even worse with the US asserting what it still considers its paramount power
Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial
The finance minister must focus on her direct responsibilities, not on programmes where her role is supportive
Dr Singh was very conscious of the fact that he had risen from a poor family to the highest levels of power, which shaped his view of his responsibilities
The policies of the first decade-and-a half of planned development are better characterised as Nehruvian Humanism
The growth boom in manufacturing that India experienced following the shift of focus from public sector to the private sector was driven more by market-friendly than business-friendly interventions
Growth is driven by technological dynamism even more than by security for private capital
Caste equality can be promoted only by making caste a minor part of inheritance in a society where more and more families are inter-caste connected
Political acceptability comes more readily to a govt visibly involved in supporting non-corporate private sector, reducing income inequalities and regional disparities, and addressing caste concerns
The primary hurdle of the 2047 development goal lies in job creation for surplus agricultural workers and fresh workforce entrants
The primary focus of development policy must shift decisively to expanding opportunities for the underprivileged
It must deliver on policies required for equitable growth