Fostering Strategic Autonomy in Economic Policy for Lasting Growth
It is vital for the Economic Policy Framework that the Budget promised to fashion all its separate elements to India's strategic goal
It is vital for the Economic Policy Framework that the Budget promised to fashion all its separate elements to India's strategic goal
India has a long tradition of implementing social welfare programs to cater to the varied needs of its population. The NPS (National Pension Scheme) Vatsalya, recently announced in the Union Budget 2024-25, is a notable initiative aimed at helping guardians and parents secure their child’s financial future.
Protests at Samsung's Tamil Nadu plant highlight workers' push for unionisation, but South Korean management resists, influenced by their country's historical context.
Policy UpdateArohi Sanyal Background As the country aims to become a vishwa guru, meaning world leader India still lacks in financial inclusion of women. As per a report of the National Statistical Office (NSO), as of March 2023, only 36.4…
How should Indian monetary authorities respond, when the US Fed cuts rates, as it is widely expected to? Respond in kind or hold tight till any resultant financial turbulence is over? Cutting the repo rate or raising it is much of a muchness, and the most constructive response on the part of the RBI would be to let go of the government bond market and let Sebi regulate it, along with other securities.
India has approved investment proposals from certain Chinese electronics manufacturing companies, suggesting a shift in its economic stance towards China. After military tensions and economic restrictions post-Galwan, India had limited Chinese investments. However, with concerns over economic losses and job creation, the government is now scrutinizing and allowing select investments, especially those that involve technology transfer and local manufacturing capabilities. The move highlights the need to balance economic growth and national security in India's dealings with China.
A comprehensive strategy was introduced in the Union Budget 2024 to tackle youth unemployment in India, driven by the country's high unemployment rate and increasing economic pressures.