States are exercising autonomy in competing for investment. That can be good for improving conditions for doing business.
A big problem in India is that individuals do not see the connection between the taxes they pay and the…
In my last column, I introduced the concept of virtuous growth, which subsumes the idea of inclusive growth.
India?s ruling coalition has promoted the idea of inclusive growth. What this means operationally is something that can be debated.
India should seek a diversity of stronger economic ties?with the US, with China, with South Korea …
We need capital and knowledge from the rest of the world. But China is not a trustworthy source of either…
India?s demographic trends could lead to a dividend of higher growth, as the working age population bulges.
As India?s economy has soured, its currency has plummeted. The response of the Reserve Bank of India has been confused…
India needs more Level 5 leadership, a paradoxical blend of personal humility and intense professional will.
Indians will emerge from poverty through the lessons of economics, not by blaming the discipline.
Many observers have commented at length on India?s apparent policy drift, in which economic reforms are being stalled, or even…
India 2.0 will need a government that prioritises more intelligently for inclusive growth.
MFI loans are more often taken for household consumption than for businesses, but that?s perfectly okay.
While waiting for Walmart, build institutions that relax the financing constraints of small producers.
This year I happened to be in New Delhi the day the Union Budget was presented in Parliament.
In my last column, I wrote about learning from China.
It has been better at fostering innovation, liberalising foreign investment, improving quality of govt expenditure.
India is moving toward finalising its Twelfth Five-Year Plan, for 2012-17. The process is long and fascinating.
