Critics of the Federal Reserve argue that the acceleration of US inflation in early 2021, and the rapid disinflation of recent months, had nothing to do with monetary policy, because the sources of above-target price growth were all on the supply side. This view is both right and too simple. BERKELEY – For precisely three... Read More
The interim Budget 2024-25 has emphasised on efforts to achieve net-zero emission by 2070. The proposed expenditure for the New and Renewable Energy Ministry has increased significantly — from ₹17,729.46 crore in Budget 2023-24 to ₹26,376 crore in Budget 2024-25. The major increase is for the Solar Power (Grid) scheme, from ₹4,970 crore in 2023-24... Read More
Gujarat has consistently ranked among the fastest growing States in India. According to the World Bank's income group classifications, the state is on the verge of achieving high middle-income status. Three key features characterize Gujarat’s remarkable growth process. First, growth in the State has been diversified across sectors. Instead of being confined to a manufacturing... Read More
The population dialogue in India has been dominated by concerns about population explosion. However, it is time for us to move these fears and learn from the experiences of other countries. In her speech, while presenting the 2024 budget, Finance Minister Nirmala Sitharaman promised a committee to study India’s population growth to ensure that the... Read More
Nyaya Setu, being built to ensure reach of legal services till the last mile, will put together all legal knowledge in finger tips, in the language of people’s choice and it is built using GPT and AI models, says the founding chairman of UIDAI Nandan Nilekani, the founding chairman of the Unique Identification Authority of... Read More
Infrastructure is the key driving force for realising India’s vision of a $40 trillion economy by 2047. Infrastructure is the key driving force for realising India’s vision of a $40 trillion economy by 2047. The Railways has been one of the most crucial partners in infrastructure development, gearing up for a high-speed network both for... Read More
The book The Allure of Battle (2017) by Cathal Nolan argues that while most military history explains winners and losers through decisive battles and strategic genius, what matters is endurance and technology. India’s first National Security Strategy document is being written and will propose accelerating domestic defence production. However, the ongoing Ukraine and Israel conflicts... Read More
A five-point agenda to fix the country’s PF scheme could shift 50 million people from informal to formal work. Let’s blend idealism with pragmatism. The excellent book Making Social Spending Work by Peter Lindert suggests societies need safety nets to catch those in need because of unlucky opening balances, past mistakes or hard times. A... Read More
Installation, maintenance in renewable energy will create jobs, even as energy transition poses challenges. COP28 emphasised that transitioning from fossil fuels in energy systems is required in a just, orderly and equitable manner. The path of decarbonisation requires shift to low-carbon options. Demand-side management measures like production and supply chain adaptation or improving energy efficiency... Read More
The attention the archipelago is receiving must be leveraged through strategic marketing campaigns, both by government and private stakeholders. Lakshadweep, a uni-district and the smallest Union Territory of India, is getting attention like never before after Prime Minister Narendra Modi posted pictures of his “exhilarating experience” during his visit to the UT, early this month. In a matter... Read More