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The government unveiled a series of half-hearted measures to address it and kept kicking the can down the road
The Terms of Reference of the 15th Finance Commission might undermine positive momentum towards 'cooperative federalism'
PM will surely exhort Davos crowd this month to come help make New India. 'Make in India' is great slogan, but more of what we buy, or what the rest of the world buys is not yet being 'Made in India'
With high interest rates, and a low risk of depreciation, portfolio inflows have risen sharply, leading to the appreciation of the rupee
Given the key role of states and PSUs in the economy, the panel that is reviewing FRBM Act must examine the broader public sector's finances, and not focus purely on the Centre's fiscal deficit
Sustained GDP growth of eight to nine per cent will be possible only if India's investment rate, which has dropped below 30 per cent, climbs back above 35 per cent
India's economic team must get less conservative and improve co-ordination
Incrementalism can only work if subsequent Budgets and opportunities in between Budgets are used to reform as well
What are the reforms needed in 2015 to help achieve eight per cent-plus growth?
Make schemes mobile and portable, by focusing on people and not products
The Reserve Bank of India can affect neither growth nor inflation. Keep the focus on real-sector reform
The Budget wisely refrained from excessive ambition - but it prepared the ground for lift-off later
A seven-point agenda to fix India's public services, and overcome poorly designed systems
2013 will go down as an "annus horriblis" for the Indian economy. Instead of a growth rate over 10 per cent and inflation under 5 per cent we have the reverse. GDP growth is struggling under 5 per cent and inflation is now well over 10 per cent - ...
Unlike China, India did not reform its bureaucracy and administration, and is now paying the price for this in terms of reduced growth