Also Read: The Economic Survey has wide gaps and odd arguments on climate change The survey, preceding as it does the annual budget, is a document of the governmentâs outlook on economic matters. As such, it is important that a subject as critical as climate change does not receive short shrift. Some of the reasons…
With globalization in retreat and global growth impulses weakening, how can Indiaâs economy sustain a pace of 8% expansion for at least a decade? As Economic Survey 2024-25 notes, thatâs what Viksit Bharat would need. Its most notable prescription, thus, is deregulation. Business activity should not be micromanaged and governments in general would do well…
The CEAâs fervent wish is reminiscent of what Samuel Johnson once said of second marriages. They represent âthe triumph of hope over experience.â The reason is simple. The Survey is authored by technocrats under the leadership of the CEA, who, unfettered by the compulsions of realpolitik, are free to make suggestions that most democratically elected…
For millions of Indians, GDP growth has not translated into better livelihoods, creating the paradox of a booming economy that fails to uplift a significant portion of its population. Wage stagnation amid rising inflation: The disparity between Indiaâs economic growth and stagnant wages is stark. Consider the IT sector, once a beacon of upward mobility….
