Globally, women’s share in corporate leadership has been steadily rising, including in India. The female director mandate under The Companies Act (2013) in India marked a significant step toward gender-inclusive corporate leadership, requiring listed firms to have at least one woman on their board. Within a year, the percentage of listed firms without women on... Read More
This paper assesses the state of Punjab’s economy, reasons for its current situation, prospects for growth, and policies to enable that growth. Punjab’s economy is characterized by slow growth, societal challenges, and environmental degradation. We identify four interrelated issues that act as constraints on the Punjab economy. First, driven largely by dependence on the central... Read More
While exceeding solar power targets and promoting sustainable lifestyles, India grapples with financing gaps and policy implementation challenges. Net Zero plan: India is vigorously striving not only to cut greenhouse gas emissions but also to improve the quality of life for its people. Its diverse topography and ecosystems render it especially susceptible to calamities triggered... Read More
With a growing economy and declining poverty, India faces a curious challenge in providing a social safety net to its citizens. Using data from three rounds of the India Human Development Survey (IHDS), collected in 2004-5, 2011-12, and 2022-24, this paper shows that households face considerable transition in and out of poverty as the economy... Read More
India accumulated a sizable stock of foreign reserves over the past two decades, in common with many other emerging economies. Its current reserves comfortably surpass conventional thresholds for adequacy used by the International Monetary Fund and others. An assessment of whether the stock of reserves is appropriate should depend on an evaluation of the benefits... Read More
How can India leverage its potential and implement effective strategies to become a developed nation by 2047? In his 2022 Independence Day speech, the Prime Minister (PM) outlined an ambitious vision for transforming the nation into a developed country by 2047—‘Viksit Bharat (VB)’. It aims to reshape India into a technologically advanced, economically strong and... Read More
As India stands on the cusp of an unprecedented political milestone with the Prime Minister poised to win a historic third term, the nation’s gaze shifts towards the ambitious vision of ‘Viksit Bharat’ (Developed India) by 2047. The cornerstone of the Viksit Bharat vision is achieving a $30 trillion economy by 2047, which would elevate India’s per... Read More
The goal of achieving energy independence by 2047 is a pivotal aspect of the Viksit Bharat vision and projections suggest that India is on its way to attain that vision. Currently, India imports 90% of its oil and 80% of its industrial coal, a dependency that exposes the nation to global market volatility and economic... Read More
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A survey shows that, across all economic statuses, more women than men go in for AYUSH systems. The much-publicised International Day of Yoga has had a significant impact on raising awareness and promoting the adoption of AYUSH (Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy) as vital health interventions. Government initiatives, along with efforts from other... Read More