Carnegie Endowment for International Peace
The proposal allocates a major funding increase for research, but the government needs to implement measures to stoke the private space industry.
Dissatisfaction with globalization has turned into a powerful force, with unchecked globalism increasingly seen as a threat to the integrity of democratic rule. Policymakers must reframe globalization to mitigate its negative consequences while keeping its core growth-enhancing dynamics intact.
The proposal aims to produce high and sustained growth to get the country back on track after slowdowns that preceded the coronavirus pandemic.
But the coming election brings back caste as a major variable, something that last year’s reshuffles in the Union and the UP governments had already suggested.
The government extends the uncertainty with its two new taxes and digital rupee.
Consistency is worth highlighting because one place where this government has often fallen short is on policy consistency. A lack of predictability has hurt investor sentiment and raised questions about the evenness of the playing field for firms
In a democratic developing country, budget management is always interesting and challenging. There are many consequential choices to be made. The stakes are high, but it is also not easy to take the right decisions.
OVER the decades, there has been no paucity of pithy characterizations of the Indian state.
Over the last few months, the Government of India and the mainstream media have highlighted the return of economic growth. However, very little attention has been paid to the job market. India’s unemployment rate has been soaring.
Urbanisation in India is reshaping established social and economic patterns of behaviour, in ways that scholars are yet to fully comprehend.