The UDAN (Ude Desh Ka Aam Nagrik) - Regional Connectivity Scheme is a central government policy aimed at improving regional connectivity and airport infrastructure. Its main focus is on providing air travel to remote, unserved and underserved areas
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.
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.
The death of a young chartered accountant at EY brings attention back to corporate managers wielding unbridled power.
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.
Acceptance of a limited macroeconomic role of the Reserve Bank of India would legitimise greater government intervention in the economy, making neo-liberal economists unhappy. This is the central reason for not giving up inflation targeting or modifying it to suit Indian conditions, writes Prof. Arun Kumar.