It Is Too Early to Celebrate India’s New Growth Path, Says Raghuram Rajan
Former RBI governor and economist Raghuram Rajan has been vocal about his ideas on policy matters in India. His latest book Breaking the Mould, co-authored with economist Rohit Lamba, is a deep dive into finer issues of the economy, including welfare schemes, job crisis, misplaced priorities of the government and much more. In an interview, Rajan demystifies the current narrative of growth in the country and why manufacturing-led growth might not be the best solution at hand. Edited excerpts:
Abdul Haleem Sherif - December 29, 2023
Amitabh Kant: The Sherpa’s Trek
The former Indian Administrative Service officer has been at the helm of important assignments of the government for long. However, during India’s G20 presidency, his role as India’s sherpa in building consensus among disagreeing nations amid geopolitical volatility has been a gamechanger
Abdul Haleem Sherif - December 01, 2023
Our Start-Ups will Navigate through Global Challenges: Rajeev Chandrasekhar
As a minister of state holding the dual portfolio of the Ministry of Electronics and IT (MeitY) and the Ministry of Skill Development and Entrepreneurship, Rajeev Chandrasekhar holds a vantage point in viewing the rise of tech-enabled start-ups in India. In an interview with Outlook Business, he delves into the dynamic growth journey of India’s innovation ecosystem and the pivotal role that the Central government is playing in shaping its trajectory. Edited excerpts:
Abdul Haleem Sherif - October 31, 2023
What Led to Urjit Patel’s Resignation? An Insider Explains
There have been resignations in the Reserve Bank of India (RBI), but governor Urjit Patel’s in 2018 over policy differences was a rare event in the history of the central bank, writes former finance secretary Subhash Chandra Garg in his book. He details the frustration of the government with the RBI under Patel and the circumstances that eventually culminated into the latter posting his resignation on the RBI website
October 31, 2023
Hospitality Sector Shows Responsibility Even As Government Looks Away: M.P. Bezbaruah
The Indian hospitality sector carried the spirit of partnership during Covid-19, which can be considered the worst phase in its history
M.P. Bezbaruah - September 30, 2023
Praycation: Religion to the Rescue of Covid-Battered Travel Sector
By investing in the development of pilgrimage destinations, governments are harnessing the potential of religious tourism as a growth driver for the overall tourism sector. At the same time, it is good politics too
Rajat Mishra - October 01, 2023
By the End of FY24, Our National Highway Network Will Be Equivalent to the Road Network of the USA: Nitin Gadkari
Roads are important for the growth of the country, says the Union minister of road transport and highways, as he explains the government's thrust on infrastructure development
Neeraj Thakur - October 01, 2023
The Nowhere Men & Women: How India Abandoned 14 Crore Citizens on a Policy Paper
The government of India runs the world’s biggest food security scheme, which provides free ration to more than 80 crore people. The scheme has won Prime Minister Narendra Modi accolades. But what if we realise that there are over 14 crore people who have been omitted from the benefit of this scheme because the government has not counted Indian citizens in over a decade? Can its intransigence break the welfare structure of governance?
Rajat Mishra - August 28, 2023
Tata Steel Is the Original Make In India Story: T.V. Narendran
Tata Steel has become one of the leading steel manufacturers across the globe in the last 116 years. The company is hopeful of lasting another 100 years on the back of its multi-generational employees and a people-centric work culture. With clear focus and targets in sight, T.V. Narendran, chief executive officer and managing director of Tata Steel, explains how a large part of its future growth will take place in India due to the infra push of the government and its investment in future and sustainable technology
Suchetana Ray - July 28, 2023
Irony in Letters
Till there is no government-backed link between good behaviour and financial outperformance, ESG adoption risks being considered a box-ticking exercise
Suchetana Ray - June 30, 2023