This is neither a BJP nor a Congress problem. It is the cumulative result of long-standing institutional weaknesses, compounded over decades and aggravated by a culture of over-promising. The gap between promise and delivery hurts badly
In absence of significant governance reform, effectiveness of global financial safety institutions is eroding. India is better off relying, instead, on pursuit of prudent macroeconomic policies
Rakesh Mohan writes: High under-employment and poor-quality employment have hampered a much-needed move away from agriculture. A focus on labour-intensive formal manufacturing is the need of the hour
