Saturday, May 18, 2019

India - Economic Policy Suggestions - 2019



100 YEARS OF INDEPENDENCE OF INDIA
VISION INDIA 2047 - $20 TRILLION DOLLAR GDP 

_______________

_______________

2019 Rising India Summit - Develop Sunrise Sectors

_______________

_______________

Provide 2 Crore Persons Jobs in Micro Units


_______________
_______________

MPs have to prepare investment plans of their constituencies.

They have to make vision plans also.
Government has to plan a minimum number of Government and Corporate jobs every year. If private sector is not investing, Government has to invest in public sector companies
_______________


_______________

Economic Times -10 Point Agenda - 22 January 2019


Economic Times 22 January 2019

10 Point Agenda given by Economic Times

*Improve ecosystem to help manufacturing to get to next stage

*Revitalise PPPs to attract more private investment in infrastructure.
*Stengthen the financials of state-run banks to get credit growth moving again


*Deepen financial inclusion to raise savings of ordinary Indian households.

*Raise tax-gdp ratio to create space for fiscal support to growth.


*Remove shackles on agriculture to make it more market oriented.

Sowing seeds for better farm growth
https://economictimes.indiatimes.com/news/economy/agriculture/sowing-seeds-for-better-farm-growth/articleshow/67633643.cms

*Emphasis on health, education and skilling to improve manpower.

Making skilling part of education system a challenging task
By Yogima Sharma
https://economictimes.indiatimes.com/jobs/making-skilling-part-of-education-system-a-challenging-task/articleshow/67633636.cms

*Improve ecosystem for exports to make them more competitive.

*More robust startup system to encourage innovation and entrepreneurship

*Comprehensive energy policy to protect economy from periodic crude shocks



Social Challenges That Need To Be Addressed:
Agrarian Stress: Create jobs to reduce dependence on farming.

Income Inequality: Provide income support to vulnerable till growth ends poverty.

Declining Women At Work: Provide right work environment & incentives.

Jobs: Labour reforms to encourage hiring over automation and capex.

Working group suggests measures to achieve $5 trillion economy by 2025

"India's potential to achieve a $5 trillion GDP by 2024-25 is within the realm of possibility," the report said.
Jan 16, 2019
https://economictimes.indiatimes.com/news/economy/policy/working-group-suggests-measures-to-achieve-5-trillion-economy-by-2025/articleshow/67562058.cms


According to its report, agriculture and manufacturing sectors can contribute USD 1 trillion each, while the contribution from the services sector has been pegged at USD 3 trillion.


Raghuram Rajan on what India needs to do to get a $5-trn economy

ET Now| Dec 12, 2018

one must worry about the extent of job creation in India. Reports of 25 million people applying for 90,000 railway jobs is something that suggests there is not enough supply of jobs in the market.

We have to focus on improving the quality of research or the quality of our universities and as a by-product our companies will also get better.
https://economictimes.indiatimes.com/markets/expert-view/raghuram-rajan-on-what-india-needs-to-do-to-get-a-5-trn-economy/articleshow/67060055.cms

11-December-2018

Year End Review 2018- Ministry of Commerce & Industry - Vision of a New India - USD 5 Trillion Economy

http://pib.nic.in/newsite/PrintRelease.aspx?relid=186255

How to future-proof India’s economy

https://www.weforum.org/agenda/2018/11/new-india-how-to-future-proof-india-economy-reforms/


Management and India’s economic growth

Nirvikar Singh
University of California, Santa Cruz
Date 20 July, 2018
https://www.ideasforindia.in/topics/productivity-innovation/management-and-india-s-economic-growth.html


The India Policy Forum 2018 - Presentations

July 10, 2018
http://www.ncaer.org/event_details.php?EID=226

Updated on 18 May 2019, 22 January 2019

No comments:

Post a Comment