Author
The author is a senior economist, columnist, author and a votary of inclusive development
Competition is non-existent, marketing is patchy, supply chain is inefficient. Consumers suffer. The economy is under duress, but the strong community bonds hide poverty and distress well.
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Governments must go beyond vote banks and optimise resources distribution to the most deserving components of the deprived.
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As consumers fight back, becoming expressive and vocal, service providers and producers hit back with equal intensity and fiercer vengeance.
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The government must rethink urbanization. It will mean a mindset change.
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Robust macroeconomic policies, sustained and multiple directional action is required to realise the ‘Make in India’ goallabour
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Half-hearted and often populist schemes only increase the distress. The focus should move from outlay to outcome and from input to payoffand
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The ability of the government to create jobs is limited ... For every crore invested by the large companies no more than ten jobs are created. This number is 250 for the MSE sector
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Education itself isn’t marginal or less unimportant; however, its impact on employment prospects is highly exaggerated and wildly misunderstood.
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