One thing that has gone unnoticed in the Modi government is that it has not made any economic advisory appointments thus far. Increasingly it was seen that even before the government taking oath of office, several self-styled advisors appointed...
The Indian farmer suffers in silence with only 30 per cent of the profit margins accruing to him for his production risks, weather-risks and marketingrisks, writes
K G Karmakar
More than 54 per cent of Indian workforce as per 2011 census is engaged in agriculture. And, it for the last 20 years has been trying to get 4 per cent rate of growth in agriculture and has failed. The rate of agriculture growth since the reforms began has hovered around 3.2-3.3 per cent. And then comes a State, which for a whole decade, from 2001 to 2011, achieves agriculture GDP growth rate of 9.8 per cent - and the good show is still on. Statistically, the difference is three times higher than the rest of India.
Our goal is now to become a middle-income country by 2025 - moving up from the current $1,600 today to $9,000 per capita income with advantages of purchasing power parity.
There have been loud noises about a total overhaul of the financial system and eager beavers are talking about ramming through major financial legislative reforms without undertaking consultations with all concerned economic agents and undertaking due Parliamentary processes.
S S Tarapore
Since the launch of National Rural Health Mission (NRHM) in 2005 India has significantly improved its key health outcomes - notably in child survival, maternal mortality, immunisation, and population stabilisation. However we may still not be able to achieve the Millennium Development Goals (MDGs) in health by 2015.
N C Saxena
There are many parameters of financial inclusion; most important among them is the access to financial services and institutional credit. Now we have technology that enables financial inclusion, especially its first step - that is opening of bank accounts at a massive scale.
Ram Sewak Sharma
While the middle class in India has been a topic of intense debate, it has always been considered a self-absorbed entity, detached from electoral politics. It is only in the last few years that we have seen it shedding its so called political apathy. According to my understanding, this apathy was an outcome of the realisation that their numerical strength was insufficient for them to be a pivotal force in electoral politics. This in turn implied that their influence on politicians and thus public policy was limited.
I remember meeting Narendra Modi first time when I was CAG in 2009. Normally CAG goes to states, part of the protocol is that you call on the Governor as well as the Chief Minister. So, I requested for an appointment with the Chief Minister too.
"A middle income country by 2025 propelled by inclusive growth and safe environment for development"
"Nothing - absolutely nothing - is beyond your reach so long as you're willing to dream big, so long as you're willing to work hard."
When I look at aspiring India, two kinds of people come to my mind: first, the entrepreneurs in need of raising capital, and second, the common masses who are savers and what SEBI or the larger ecosystem could do to help them realise thier aspirations.
U K Sinha
Under the leadership of Narendra Modi, we have shown as to how after a long time, there could be a government in power with absolute majority. This could become possible on the strength of BJP's belief in inclusive growth with the common man at the center.
National Insurance Company (NIC) has been the most preferred choice for Motor Insurance since 1906. Over the years, NIC has retained this leadership in insurance market with a consistent share ranging from 15 per cent to 17 per cent of the industry's motor insurance portfolio. Today, 48 per cent of the company's gross revenue comes only from the motor segment...
In early March, chairman of the Central Board of Secondary Education (CBSE), Vineet Joshi, told a shocked gathering of policy-makers, educationists and technocrats exactly this. He was making his speech at a conference on education after declaring the results of the central teachers eligibility test (CTET).
Financial inclusion is integral to economic development and growth. With the advancement in technology and expansion of banking services people are getting increasingly dependent on debit and credit cards, cheque-books and Internet and telephone banking in their day-to-day activities.