Economic Development
4 min read
440

Samsung India Workers Form First Union After 7-Month Struggle in Tamil Nadu

January 27, 2025
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After 38 days of protest and 212 days of legal battle, the Tamil Nadu Labour Department registered the Centre of Indian Trade Unions (CITU)-backed Samsung India Workers’ Union (SIWU) on January 27, marking a victory for the labour movement. The union, Samsung India Thozhilalargal Sangam, registered under the Trade Unions

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Economic Development
6 min read
446

What are India’s GDP Numbers Telling us About its Growth?

January 27, 2025
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Reports from the ground suggest that slackening demand drives the slowdown. In picture, a worker checking the joints used for cement filtration at a manufacturing facility in Kolkata, in 2012.  | Photo Credit: RUPAK DE CHOWDHURI/REUTERS While the robustness of the official estimates of the GDP and its growth in

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Economic Development
9 min read
478

Vizag Steel’s Revival Plan Ignores Core Reform: Mine Access

January 25, 2025
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On January 15, when the rest of Andhra Pradesh celebrated Sankranti, the employees of Vizag Steel stood firmly outside the Visakhapatnam steel plant in protest. They demanded their pending salaries—In fact, since September 2024, their salaries have been inconsistent. But that did not stop employees from working at the steel

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Economic Development
14 min read
493

Stringent Economic Policies and Growing Militancy have Left People in J&K Feeling Frustrated with the Centre

January 17, 2025
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In September 2024, Prime Minister Narendra Modi addressed an election rally in Jammu city, five years after the party he leads at the centre hacked away Jammu and Kashmir’s special constitutional status and ended its statehood. “The Jammu region in particular faced decades of injustice at the hands of the

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Economic Development
6 min read
529

Manmohan Singh Combined Market Liberalism and Nehruvian Welfarism to Craft Modern India’s Economic Vision

January 12, 2025
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Former Prime Minister Manmohan Singh when he received a special memento from K. Venugopal, Founder Editor of Businessline, in New Delhi on March 15, 2019. | Photo Credit: Kamal Narang In the tributes paid to Manmohan Singh, he has been described as the architect of economic liberalisation since he was

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Economic Development
7 min read
188

How AAP’s Trickle-up Economics Offers an Alternative Path of Development | Book Excerpt from ‘The Delhi Model’ by Jasmine Shah

January 1, 2025
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Aam Aadmi Party National Convener Arvind Kejriwal, flanked by Delhi Chief Minister Atishi (right) and party leader Manish Sisodia (left) during the book launch of Jasmine Shah’s The Delhi Model, in New Delhi on December 15, 2024. | Photo Credit: Shahbaz Khan/PTI Ahead of the final leg of the 2024

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Economic Development
7 min read
205

SUM AND SUBSTANCE | India’s Middle Class is the Biggest Loser of 2024

December 27, 2024
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In a year of “yes, no, maybe” both the Reserve Bank and the Finance Ministry now agree that the country has a growth problem. If they had been listening to what consumer goods companies have been saying for a while, they may have reached that conclusion sooner. India’s festive season

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Economic Development
6 min read
292

France in Turmoil: Prime Minister Michel Barnier Ousted in No-Confidence Motion Amidst Economic Crisis

December 5, 2024
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When Prime Minister Michel Barnier unveiled his deficit-reduction plan in October, promising to bring down the public deficit from around 6 per cent of gross domestic product (GDP) to 3 per cent in 2029, it was seen as an attempt to steer the French economy into calmer waters. But on

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Economic Development
9 min read
257

Adani Group Faces Global Scrutiny While SEBI Stands Silent: What’s at Stake?

November 29, 2024
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In a proverbial “when it rains, it pours” moment, the Adani Group is having a rather disastrous close to the year. French oil major TotalEnergies won’t make any more investments in the Adani Group, saying it was not informed of the US bribery charges against Gautam Adani. Kenya has canceled

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Economic Development
8 min read
283

India’s Elderly Care Crisis: Healthcare Costs, Digital Divide, and Policy Gaps Affect 153M Senior Citizens

November 19, 2024
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“I still use checkbooks at the bank and don’t own credit cards, debit cards, or any net banking app,” says R. Sampathkumar, an octogenarian from Chennai. A retired deputy manager from Indian Oil Corporation, he is recovering from knee surgery performed seven months ago. He lives with his wife in

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