Since weak firms take up scarce resources, their prolonged survival inflates wages relative to productivity, depresses market prices and undermines investment
4 min read9 May 2017India's productivity growth has been led by a few capital-intensive sectors, and has witnessed a slowdown in recent years
5 min read20 Mar 2017While trade has risen, a recent paper notes that import penetration has shown a muted increase, which may be a reason for lower productivity growth
2 min read5 Feb 2016On reports saying China is showing a reversal in technological progress for the first time since the Cultural Revolution
1 min read30 Aug 2014The trend productivity growth in India has been falling since 2007, something that will hurt the ability of the economy to easily regain its lost trajectory
4 min read30 Apr 2013The 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