Time to be realistic

According to the advance estimates of GDP growth, the economy will grow by 6.9 per cent during the current year (2011-12), sharply lower than the 8.4 per cent clocked last year. This may not be surprising but a detailed analysis of the numbers does indeed provide grounds for concern.

It may even be argued that a growth rate of almost 7 per cent is commendable given the adverse global and domestic environment. However, the signs of the slowdown continuing are discernable everywhere. The Hindu : Opinion / Editorial : Time to be realistic

"With the right policy reorientation — and a reform process that ensures transparency and regulation — it should be possible to revive these key sectors and post more impressive growth figures next year."

Don't Blow It

The budget is our chance to revive confidence in the economy

Don't Blow It

-The Times of India, February 8, 2012

Building A New Urban India

Transforming India's cities is a huge task, but an essential one for the country's progress

Building A New Urban India

-The Times of India, February 3, 2012

"The frequent sloganeering about Delhi soon becoming "the world's most beautiful city" or Mumbai "a global financial hub" appears straight out of the famous British serial 'Yes Minister'. There, Sir Humphrey Appleby underscores the law of Inverse Relevance - the less you intend to do or are capable of doing something, the more you have to keep talking about it."

Urgent measures have to be undertaken in order to bridge the gap between talking and doing when it comes to building a new urban India. Raghu Dayal, a current affairs analyst and former civil servant, suggests some.

Beat The Gloom

To do that, India needs investment-driven growth


Beat The Gloom

-The Times of India, January 16, 2012

"India's projected 7% GDP growth should be applauded, not compared to the pre-2008 9%-plus," thinks the American Economist Joseph Stiglitz. The article calls for the need for investment-driven growth.