Leap of faith: Seven million new formal jobs claim is turning Goebbelsian

At 7 million new formal jobs a year, India would, by far, be the world's largest formal job creator...

Lost miracle: How India wasted an opportunity to add $200 billion to its economy

The three stars— a ruling party’s Parliament majority, development agenda and low oil prices— may never align again, that is the biggest takeaway from Economic Survey 2018...

Why the claim of 7mn formal jobs should be taken with a pinch of salt

A recent study by Ghosh and Ghosh adds a useful dimension, but by deviating from its pure academic purpose to making bold claims on net job creation its original intent and objective  has been lost...

A ‘Bharatiya’ approach to development

India is too diverse and unique a society for Western models to be effective...

Misleading story of Job creation with Jairam Ramesh

India does not create 55 lakh new jobs every year, as claimed by a new report...

Breach Deficit Rules Only In Cases Of Extreme Shocks, Says IMF’s Gokarn

Fiscal rules should be adhered to except in situations of extreme exogenous shocks to lend sanctity...

Don’t Raise The Income Tax Exemption Threshold Further: Arvind Subramanian

India’s government should not raise the income tax exemption threshold any further in the foreseeable future...

Modi’s gamble damaged economy

The 500 and 1000 rupee notes were scrapped to target so-called 'black money'...