The writer is chairman, Teamlease Services.
There is more work to be done. The central government must deadline digitising all its payments. The RBI must implement the 100-plus action items arising from its own Vision 2021 document and the Nandan Nilekani Committee for Deepening Digital Payments.
Why is the GDP of 1.3 billion Indians less than 126 million Japanese, 83 million Germans and 40 million people in California? Why is India’s GDP today 20 per cent of China’s when they were equal in 1991? Why did the world’s largest democracy — created on the infertile soil of the world’s most hierarchical society — not create the world’s largest economy?
The current economic slowdown is short-term pain for long-term gain because of overdue medicine.
Kashmiris have been let down by a politics that doesn’t create economic opportunity.
India’s policy choices around bankruptcy represent a rupture with the past. But there is work yet to be done
Policy must pray to one god — formal jobs.
India’s bad loan policy is finally moving in the right direction.
India’s challenge is creating a complex ecosystem of high-productivity firms.
The regulatory framework that has choked MSMEs has contributed to farm crisis and quota demands.
Ease of doing business is more like Ludo. The detailed incremental improvements must be celebrated.
It’s not a passing shower but climate change for banks. About time.
State must be both — to tackle both corruption and poverty. Political parties must stop fighting yesterday’s wars
A massive enterprise formalisation is taking place, and one year of GST has given the process a boost.
Delhi’s move to introduce spoken English lessons for govt school students taps into a long-felt desire.
The Bhushan case is a brick in the wall of a new corporate meritocracy where rule of law matters.
We should judge Karl Marx not by his intentions but by the outcomes.
Bankers’ demands for accounting forbearance are dangerous and self-serving.
New India’s challenge is thinking about the future with economic stories that don’t ignore or glorify the past.
A budget that does not believe that in the long run we are all dead.
Gap between global banks and Indian banks on bad loan recovery is set to narrow