Category Economy and Infrastructure

Is feel good real in India

Is feel good real in India

The ruling party is in election mode with daily pronouncements about how well the Indian economy is doing and benefitting not just the well-off but also the poor in the country. It has claimed a big reduction in poverty in India. It is stated that the Indian economy growing at about 7% is the fastest growing large economy in the world. Further, inflation is said to be tamed and employment generation robust, in spite of global head winds due to the Ukraine war and the pandemic. It is claimed that India has weathered these global storms better than most rich countries, so, it has become `Vishwaguru’. The Presidency of G20 has been cited as evidence of India becoming a dominant player on the world stage. It is claimed that India’s stock in the world has gone up since it is getting respect from other countries and its stand on various world affairs like, wars in Ukraine and Gaza, is being appreciated. Another sign of good performance is stated to be the desire of major world corporations to invest in India.
BJP and Congress Align Closely on Economic Policies, Highlighting Consensus in Indian Politics

BJP and Congress Align Closely on Economic Policies, Highlighting Consensus in Indian Politics

The dichotomy between their economic stances is dubious; the difference is in politics and in shaping the social coherence essential for the economy to function. Social media is awash with spurious claims of the intrinsic merits and contrast between the economic programmes of the Congress and the BJP. The BJP is pro-growth, the Congress stands for welfare and redistribution. The BJP is pro-market, the Congress is socialist. The BJP makes India more attractive to foreign investors while the Congress will drive investors away.
Understanding Urban Policy Drift in 2024 Election Manifestos

Understanding Urban Policy Drift in 2024 Election Manifestos

Nearly 50% of Indian population lives in the cities, for they are hub of opportunities and significant in country's development trajectory. Yet, the urban landscape remains a blank spot in our political discourse.
Realigning Economic Growth Strategies: A Critical Review and Path for Course Correction

Realigning Economic Growth Strategies: A Critical Review and Path for Course Correction

What India wants is development that is sustainable and has nature & humanity at its core. INDIA aspires to become a high-income, developed country (Viksit Bharat) by 2047. In pursuance of this comprehensive vision plan, the economy needs to wield phenomenal power to ratchet up the GDP growth rate and climb the commanding heights in 23 years from the current nominal GDP of $3.73 trillion to a whopping $30 trillion.
Addressing Housing Challenges in Indian Cities: Will the 2024 Interim Budget Bridge the Gap?

Addressing Housing Challenges in Indian Cities: Will the 2024 Interim Budget Bridge the Gap?

With rapid urbanization, the problem of housing shortages in Indian cities ~ especially for low income households ~ is expected to exacerbate. Based on 2011 census data, the Technical Group on Urban Housing Shortage, Ministry of Housing and Urban Affairs (MoHUA), estimated the urban housing shortage during 2012- 2017 at 18.78 million. The Indian Council for Research on International Economic Relations (ICRIER) Report of 2020 indicated an increase in urban housing shortages of 54 per cent amounting to 29 million in 2018.