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.
Naysayers accusing the Budget of taking baby steps without radical reforms have clearly missed the plot.
Revisions in GDP numbers happened regularly, even during Congress-led dispensations. Singling out the Modi govt for a routine revision in line with global best practices is sheer hypocrisy.
Key corporates in the cement, two-wheeler, home loans and consumer goods space are clocking in healthy double-digit growth. Sectors facing a temporary slowdown are hit by global or seasonal factors only.
By keeping interest rates artificially high, RBI governors Raghuram Rajan and Urjit Patel squeezed the life out of the economy. Demonetisation administered the last rites. India's new PM must aggressively reform and remonetise.
GDP numbers tell a fantastic story of India's economic resilience in which the country’s politics has turned farcical.
The PM will be lucky to get a 'D-' in managing the economy.
Our politicians and bureaucrats regulating industry and the society draw inordinate amount of power from ambiguous rules.
Modi government has not done justice to the agricultural sector.
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