Insights, a blog published by IMPRI.
Mukul Asher The context Global trade in services is an important component of total international trade. In 2019, global exports of services were USD 6.2 trillion (24.5 percent of combined merchandise and services trade) but services exports declined to USD…
The Missing Geo- Political Conversation Anil Trigunayat “Will he invade or he won’t” is the perennial question in the minds of Russia—Ukraine crisis watchers as the USA insists and gives timelines for Russian invasion while Putin and his entourage continue…
The Union Budget 2022-23 was expected to take steps to tackle the problem of inadequacy of demand so that the economy’s rate of growth could be accelerated. This problem has persisted and had led to the rate of growth slowing down in the last four years. In turn, this problem is linked to the growing inequality in the country, which has been highlighted by several recent reports. The latest report is from the non-profit think tank People’s Research on India’s Consumer Economy [PRICE]. It shows not only the aggravation of inequality but also of poverty since 60 per cent at the bottom who were already poor or close to the poverty line lost incomes.
A Amarender Reddy The National Food Security Act 2013, supported by a strong network of ration shops spread across India, provided much-needed help during the pandemic as the government shifted emphasis to redistribution and welfare schemes and saved many lives…
Political parties are outdoing each other promising free electricity and water, laptops, cycles, mixies, etc.. Implementation of these promises will have economic implications that are not negative in the present circumstances. Disdainfully these are called `freebies’ and characterized as fiscally imprudent. The well-off and businesses get `freebies’ euphemistically called `incentives’. Since 2006, the Union Budget estimates them to be between Rs.4 and Rs.6 lakh crore each year. If the well-off who don’t really need `freebies’ can get so much, why can’t the marginalized (especially the women and the young) get a fraction of it?
Anil Trigunayat China has emerged as a force to reckon with in the Middle East after quietly pursuing its strategic, economic, and security objectives for decades while expanding the tentacles of its all-encompassing Belt and Road Initiative. Beijing’s focused approach…
Tikender Singh Panwar The Union Budget 2022-23 has not provided relief to people most severely affected by the pandemic. The Budget was expected to address record unemployment, which spiked during the pandemic in the cities, with some kind of urban…