Noted economist and India’s first vice chairman of NITI Aayog Arvind Panagariya said import licences will be a complete violation of WTO and has cautioned India to reverse the trend of rising import tariffs as it will only encourage creation of micro and small enterprises. Panagariya’s comments come at a time when India has introduced […]Read More
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By Arvind Panagariya Even from the limited details that Prime Minister Narendra Modi spelt out in his speech on Tuesday evening on the Rs 20 trillion stimulus package, it was clear that this headline figure would be reached by adding apples and oranges. The details now provided by finance minister Nirmala Sitharaman on Wednesday make […]Read More
By Arvind Panagariya Choosing the right policies, programmes and projects is only half of the story. The precise translation of broad policies into concrete laws, rules and regulations, and the effective delivery of programmes and projects depends on the implementation process. This is where governance is critically important.… …Implementation is integral to nearly everything that […]Read More