The control apparatus can be traced back to measures taken during World War II. As India’s post-1991 effort to dismantle it remains incomplete, its economy can still benefit from fresh reforms to axe regulations that hold private enterprise back.
4 min read18 Mar 2025Nageswaran’s extension comes as the Indian economy shows signs of slowing growth. Real GDP grew by 5.4 per cent in the September quarter, the slowest in nearly two years, government data showed last month.
2 min read20 Feb 2025The note of caution against the dangers of excessive financialization in the 2024-25 Economic Survey needs to be mulled over. Financial sector excesses can indeed hurt the real economy.
3 min read5 Feb 2025The Survey sees “Getting out of the way” and allowing businesses to focus on their core mission as a significant contribution that governments around the country can make
5 min read31 Jan 2025India must raise not just its economy’s output but also the quality of its people’s lives. This may require a paradigm shift, an enlightenment rooted in dignity, fairness and shared prosperity. Let’s not risk a middle-income trap.
5 min read12 Jan 2025The country has all but embraced the low-tax formula of Reaganomics, but it may now be time to address a crisis of worsening inequality. Thomas Piketty’s arguments deserve a hearing.
4 min read23 Dec 2024CEA Anantha Nageswaran stressed the need to differentiate regulations between financial and non-financial sectors to avoid excessive risk and instability.
1 min read11 Dec 2024Chief Economic Advisor V. Anantha Nageswaran’s advice for India Inc on its self-interest should remind business leaders of Henry Ford and the virtues of taking a long view. Private-sector payrolls need to support consumption, for which three new forces must be defied.
3 min read9 Dec 2024Speaking at the Mint India @2047 summit, Nageswaran said the latest Economic Survey noted the rising global industrial competition, where even developed countries are trying to reclaim their manufacturing share through active policies.
3 min read4 Oct 2024Chief Economic Advisor (CEA) V Anantha Nageswaran cautioned against ’financialization’, which refers to the dominance of the role of financial markets in public policy, as India marches to become a developed nation by 2047.
4 min read2 Sep 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared