By shifting to a ‘full potential’ trajectory starting in 2022, over the subsequent decade, we can pull ourselves out of this mess — made messier by a pandemic — by the bootstraps Synopsis Recreating growth in the medium term is likely to come from sectoral strategies across 10 key sectors constituting most of India’s GDP. […]Read More
Tags : "GDP growth"
So, both domestic and global developments suggest not just a temporary Covid-19 blip, but permanently slower growth for India and the world. I fear the new growth norm for India may not exceed 5% per year Synopsis The Covid-19 crisis means India’s GDP will crash this year by anywhere from 5% to 10%. Government revenues […]Read More
By Ateesh Tankha In his 1776 magnum opus, An Inquiry Into the Nature and Cause of the Wealth of Nations — more commonly known as The Wealth of Nations — years ago, the father of modern political economics Adam Smith wrote that wages increased with the rate of increase of national wealth. It was not […]Read More