Economic Development
5 min read
90

Data | Indian manufacturing sector on its way up post COVID-19: Annual Survey of Industries 2021-22

October 27, 2024
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Employment fell marginally in 2020-21 due to the pandemic but gained momentum in 2021-22 with 7 per cent year-on-year growth in the manufacturing sector, according to the Annual Survey of Industries (ASI). “In fact, the estimated number of persons engaged in this (manufacturing) sector in 2021-22 has exceeded the pre-pandemic level (that is 2018-19) by more

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Economic Development
11 min read
113

SUM AND SUBSTANCE | What broke Paytm?

October 27, 2024
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It was a picture of contrasts. At the Davos World Economic Forum in 2023, Paytm CEO and founder Vijay Shekhar Sharma was asked by the business channel CNBC TV18 about the mood in the “new-economy contingent” he was representing. VSS, as he is commonly known, was asked about the frequent

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Economic Development
10 min read
69

Karnataka Cabinet Goes to Delhi in Widening Feud over Funding

October 27, 2024
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The issue is whether Karnataka has been getting rightful share in the devolution of funds between the Union and States, not how it spends the fund. It was both dramatic and unprecedented. The entire Karnataka Cabinet and almost all the elected members of the Congress in the State, led by

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Economic Development
18 min read
84

Is India’s fiscal federalism breaking apart?

October 27, 2024
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Indian federalism is on the verge of a breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And Prime Minister Narendra Modi, who leads the use of a divisive majoritarian agenda for political gains, has attacked the protesters saying

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Economic Development
1 min read
44

‘The Dystopian Times’ by Appupen

October 27, 2024
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‘The Dystopian Times’ by Appupen Source link

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Economic Development
9 min read
60

The unsung hero of India’s economic rise might surprise you: Post Office

October 27, 2024
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In the early years of independent India, resource mobilisation was crucial for the planned development of the country. The Indian postal system, through strategic messaging and accessible financial services, played a largely overlooked but significant role in mobilising small savings from millions of citizens, contributing to the country’s socioeconomic development.

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Economic Development
10 min read
36

SBI’s reluctance to reveal electoral bond data raises concerns about its independence, reliability, and competence

October 27, 2024
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A chain reaction is a series of related events in which each event causes the next one, or a chemical reaction in which each change triggers another. The Supreme Court’s ruling on electoral bonds has been just that. Perhaps unforeseen was the extent of the repercussions the State Bank of

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Economic Development
1 min read
59

Spotlight on SBI

October 27, 2024
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Spotlight on SBI Source link

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Economic Development
20 min read
41

The electoral bonds scheme goes to the heart of the Sangh Parivar’s long-term goal, which is ideological dictatorship

October 27, 2024
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Let us start with four apparently disparate examples. Example 1: Ajay Mishra Teni, Union Minister of State for Home Affairs, is the BJP member of the Lok Sabha from the Kheri constituency in Uttar Pradesh. In October 2021, his son, Ashish Mishra Monu, allegedly drove into a crowd of protesting

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Economic Development
8 min read
29

INTERVIEW | ADR founder Jagdeep S. Chhokar on electoral bonds: ‘There is a lot still unaccounted for’

October 27, 2024
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Jagdeep Chhokar. | Photo Credit: By special arrangement The Association for Democratic Reforms (ADR) was the lead petitioner in the challenge to the electoral bonds scheme (EBS). It went to court in 2017 when the scheme was first introduced. Jagdeep Chhokar, one of the three founder-members of ADR, is a

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