Why India’s Trade Deficit Goes Beyond US Tariffs
India’s trade deficit is a result of income-sensitive key exports, weak global demand and an inefficient manufacturing ecosystem
India’s trade deficit is a result of income-sensitive key exports, weak global demand and an inefficient manufacturing ecosystem
To operate globally, in the interdependent, globalised world, Indian politics must reform, to relieve India Inc of the burden of financing Indian democracy off the books.
On October 16, Rajkot became the first city in the country to issue municipal bonds for the current financial year and only the 17th city in the country to raise money through bonds to fund eight water and sanitation projects.
The ruling BJP leadership attacked it as a Robin Hood idea of stealing from the rich to give to the poor. The idea makes sense given the rising inequality in India and its macroeconomic implications. Just before the elections, the government claimed that multidimensional poverty has declined drastically and that poverty has been almost eliminated. This needs analysis. For that some conceptual clarity is required.
From the supply side, farmers need remunerative prices through better post-harvest management and marketing support
Sound institutions make countries rich, say the Nobel laureates, meaning institutions that make capitalism work
The proposed SEZ (Special Economic Zone) Amendment Bill (2024) marks yet another attempt by the Indian government to reform and improve the functioning of SEZ’s.