Economy

Economy

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Seven Lessons for the Future

For the World After Covid-19

Issue Articles

Locking out the Working Poor

India's Inadequate Response to Covid-19's Economic Crisis
With more than three-quarters of India’s workforce either self-employed or in casual work, and earning low incomes, the lockdown was bound to devastate their livelihoods. Conditions were poor before the lockdown because of the slowdown. They have now worsened.

Understanding India’s Economic Slowdown

Need for Concerted Action
The bust of the 2010s after the boom of the 2000s can be repaired only by an investment revival that is led in good part by the public sector. But one must first have a clear idea of what lies behind the slump and acknowledge the depth of the crisis.

What Should We Do About the Indian Economy?

A Wide-Angled Perspective
In the absence of structural reforms for transformative growth, a rural-led growth strategy is the only option for economic revival at this point of time. Growth may be slower but it will be sustained. Supply-side measures like corporate cuts will not help.

Make in India: Why didn't the Lion Roar?

“Make in India” has failed to meet its objective of turning industry around. The government has seemed more concerned with improving India’s rank in the spurious Ease of Doing Business Index, which anyway did not result in higher investment.
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