Even if one were to assume vegetable prices would self-adjust, owing to 'seasonal' factors, one still needs to pay careful attention to other commodities like cereals and milk.
This announcement comes at a time when the government's fiscal position remains clogged.
The burden of economically irresponsible judicial decision-making could be exponential as was the case with the famous coal block allocation case.
The approach to 'reform' has often included short-term measures that allow the economic car engine to start and push ahead faster but slow down eventually.
The ‘last-mile’ window, on the face of it, is likely to help provide the necessary funding for healthy housing projects. That won’t be enough.
India Today Group Editor-in-Chief talks about the 'Hard Times', and how to get the economy back on track, in the September 16 edition of India Today magazine.
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Off the Record: Where Politics and Economics Meet | 8-minute read
The government is yet to even acknowledge that there is a slowdown.
The proposed policy creates room for a healthy blend between skills and knowledge.
The country needs to shun the voodoo economics of both the left and right.
With economic growth at its lowest and unemployment at its highest in several quarters, alongside a likely delayed monsoon, the FM's task is only uphill.
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