India and the Doing Business index
The demise of the index is a good time to take stock of the true state of what it is like to run a business in India
What India’s global strategy must be
India’s goal must be to use Quad collaboration to build world-class research universities, and use these to grow an innovation ecosystem
Rescuing education in India, starting from basic digital infrastructure
The spread of smartphones in India has hidden the fact that broadband internet access, wired and wireless, is far short of what the country needs for distance learning
Pathways to innovation in India: India’s policy approaches to manufacturing have failed to create the tipping points innovation needs
The digital world may provide the most promising routes to Indian entrepreneurial success in the 21st century, but we know that the range of new technologies and profitable innovations is much larger than just software.
What’s missing in India’s growth strategy?
The policy solution for India is not just passive opening up by lowering trade barriers; we also have to confidently integrate into the global economy
Improving India’s innovation system
India must tap more into the global pool of human capital, in education and in R&D
Building for a growth recovery
Integrating into the global economy can provide economies of scale and spur innovation
Financing India’s Growth: What should be on policymakers’ minds
Competitive technology-based platforms, combined with strong rules for transparency, will allow financial intermediation to become growth-enabling
Recovering from the pandemic
Adapting will require new investment, but the resources needed are far from prohibitive
Democracy in America
The first objective of the changes to the electoral process, which has elements of racism and class discrimination, is to make it difficult for certain types of voters to exercise their franchise. The second is to undermine t
A lifelong attitude of social responsibility
Sunil was always ready to offer uncomfortable truths to those in power. He had perfected the art of doing so in a manner that was relatively easy for those being criticised to read and perhaps accept
The ‘flailing state’ revisited: States and city govts handled Covid pandemic better than Centre
While the flailing state is usually defined as a sound and functional head and dysfuctional limbs, this time, it played out in the reverse. The state and city governments did a better job of handling the pandemic than the Cen
Riding the unicorns
Unicorns are a sign that India need not be following a path that retreats to the old economy of a few powerful, politically-connected business houses thriving behind trade barriers, and stifling competition
India at a crossroads: Addressing an issue much larger than academic freedom or cultural nationalism
Broader empirical evidence suggests that democracy is more supportive of economic growth, though one hears arguments that authoritarianism pays off through economic growth
Designing India’s reform agenda
Land and labour reforms are important, so one can’t fault successive governments for trying to tackle these. But, the binding constraints on the growth of industry in India seem to lie elsewhere
How not to reform the economy — Political strength should not lead to intellectual weakness in designing economic reforms
There is no excuse for the lack of analysis and expert consultation.
India’s turnaround Budget
Union Budget 2021 India: This Budget has the potential to mark a turning point for Indian economic policymaking, as well as for the economy
Lessons from India’s cricketing success
India must learn from the IPL example—states need to create business development clusters where support from govt, industry and academia can be concentrated
Start-up clusters key, not incubators: Govt must ensure high-quality digital infra & ease of doing business
Instead of funding incubators, the government may do better by making sure that high-quality digital infrastructure is available for everyone, along with general promotion of ease of doing business
India’s economic future lies in modernising for the masses
The growth of a technologically advanced start-up ecosystem is not a substitute for faster growth in labour-intensive manufacturing
India’s agriculture reforms: Getting it right
December 21, 2020: The Centre needs to redesign the public procurement and distribution system to broaden the range of crops, including more high-value-added and less water-intensive crops
Trade-offs for growth revival: Why India’s policymakers need a new roadmap
Policymakers must focus on simultaneously managing the exchange rate and domestic inflation while maintaining an open capital account for renewed economic growth
India’s new economic reforms and challenges ahead
November 24, 2020: New economic reforms barely scratch the surface of what needs to be done to sustain growth that can lift millions out of poverty
The lessons of Trump: The defeat of Trump is not a panacea for the ills of the US or the world
In some ways, he helped surface those ills, when they might otherwise have been papered over for longer
How can India recover from economic crisis? Bring back clear strategic thinking
The process of cleaning up and restructuring balance sheets of non-financial firms needs to resume and accelerate
Agricultural reform: What to make of the new farm Bills
Farmers are being asked to accept possibly significant new income risks, without any alternative risk management policies, in exchange for an untested promise of higher, but likely riskier, incomes
Fighting Coronavirus: India’s first-six months of Covid-19
How quickly the nation’s leadership learns from these past six months and changes its approach will be vital for managing the pandemic and achieving economic recovery
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