Economic Reforms

  • Why Jagdish Bhagwati is perhaps not correct

    The other India |  Debraj Bhattacharya
    "I also believe that the Gujarat template is ideal: its people believe in accumulating wealth but they believe also in using it, not for self-indulgence...

  • John Kerry meets Pakistan PM's Spl Advisor Sartaj Aziz 03-07-2013 02:48 AM

    Washington: The US on Tuesday said that Pakistan's continued close cooperation is important to facilitate an Afghan-led peace process. Secretary of State John Kerry and Pakistan Prime Minister's Special Adviser on Foreign Affairs Sartaj Aziz met in Brunei on the sidelines of ASEAN Regional Forum meeting and discussed Pakistan's plan...
  • Govt focussing on growth at the cost of people: Aruna Roy 30-05-2013 05:10 PM

    New Delhi: Social activist Aruna Roy, who has decided to dissociate herself from Sonia Gandhi-led National Advisory Council, on Thursday hit out at government saying it was focussing on economic reforms and growth at the cost of poor people. Roy, who has attacked the Prime Minister for rejecting a proposal...
  • China president takes charge of sweeping economic reforms 17-05-2013 06:30 AM

    Beijing: Chinese President Xi Jinping has taken charge of drawing up ambitious reform plans to revitalise the economy, sources close to the government said, shunning policy stimulus for fear it could worsen local government debt and inflate property prices. A consensus had been reached among top leaders that reforms would...
  • Govt to work for passage of pending bills: Chidambaram 30-04-2013 03:42 PM

    New Delhi: With the Lok Sabha passing the Finance Bill and Demands for Grants for various ministries, Government on Tuesday said it will continue with its efforts for passage of other bills on food security and land acquisition, which are "equally important". "I don't think it is correct to say...
  • Finance Bill likely to be passed in Lok Sabha today 30-04-2013 07:19 AM

    New Delhi: Despite the political deadlock over the coal scam, the key Finance Bill is likely to be passed in Lok Sabha on Tuesday. A temporary truce has been achieved between the government and the opposition to pass the money bills. The crucial Finance Bill can't be delayed beyond Tuesday...
  • Economic reform agenda runs into political hurdle 29-04-2013 08:38 AM

    New Delhi: A Parliament deadlocked yet again over corruption scandals threatens Finance Minister P Chidambaram's ambitious reform agenda, dealing a harsh dose of political reality on the heels of his North American roadshow to sell the India story. Two long-stalled reforms - one to lift the foreign ownership cap in...
  • More reforms in next 2 to 4 months: Chidambaram 24-04-2013 12:15 PM

    New Delhi: Committing to carry forward the economic reforms programme in the remaining term of UPA-II, Finance Minister P Chidambaram on Wednesday said the government will take more executive actions in the next two to four months and sought cooperation of the main opposition party to push through important bills...
  • Have UPA-II and reforms got a new lease of life? 07-12-2012 10:59 PM

    The UPA government managed to win the FDI in retail battle in both the Houses of Parliament. ...
  • After FDI win, UPA gears up for more economic reforms 07-12-2012 10:50 PM

    Having won the vote on FDI in retail in Parliament, the UPA sees it as a referendum on its reform zeal. ...
  • More economic reforms bills in Parliament: Kamal Nath 07-12-2012 05:29 PM

    New Delhi: Buoyed by the victory on the foreign direct investment (FDI) issue in Parliament, the government on Friday said it would bring more bills in coming weeks for ushering in economic reforms. "Certainly, we are going to bring in more legislation in coming weeks in Parliament (financial bills) and...
  • 'Economy not football that can be kicked around' 24-11-2012 08:39 PM

    Mumbai: Amid logjam in Parliament, Finance Minister P Chidambaram on Saturday sought support of the Opposition in pushing through economic reforms, saying economy is not a football that can be kicked around by political parties. "Economic welfare of the country is bipartisan and must be kept above politics.. economics is...
  • Obama invites Nooyi for consultations on economy 13-11-2012 11:20 PM

    Washington: US President Barack Obama has invited at least three Indian-Americans, including PepsiCo CEO Indra Nooyi, as part of his wider consultations with leaders from business, labour, civic community and Congress on the current economic crisis. Neera Tandon, president of the Centre for American Progress, an eminent US think-tank based...
  • Big ideas that will shape the new year 02-01-2012 11:53 PM

    Watch the discussion on politics, economy and social issues that will be influential in the new year. ...
  • FTN: Are economic reforms impossible in a coalition govt?

    Tonight at 10, Sagarika Ghose discusses with a panel of experts are economic reforms impossible in a coalition govt? ...
  • Italy's new govt passes 1st confidence vote 18-11-2011 02:28 AM

    Rome: Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians on Thursday to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social cohesion in return. Mario Monti is under enormous pressure to boost growth and bring down...
  • Italy hit by protests as PM unveils economic plan 18-11-2011 12:14 AM

    Rome: As riot police clashed with protesters in the streets, Italy's new premier unveiled his economic plan, vowing to spur growth yet spread out the sacrifices Italians must accept to save their country from bankruptcy and the eurozone from a disastrous collapse. Mario Monti spoke to lawmakers on Thursday as...
  • WTO members praise India for economic reforms 15-09-2011 12:04 AM

    Geneva: Several WTO members, including Turkey, Brazil, Mexico, China, Pakistan and the European Union, on Wednesday praised India for pursuing bold trade and development-friendly initiatives despite serious economic and social challenges. The US, however took several pot shots at New Delhi by commenting "about lack of transparency in many aspects...
  • Rumination: gains of growth in India 17-08-2011 10:54 AM

    The process of economic reform that India embarked upon 20 years ago was expected to produce immense churning. Most of India's citizens are too young to even remember the India before reforms. State control was pervasive. Growth, even when it took place, was not sustained for significant periods. The spectre...
  • No duty hike to make up tax shortfall: Pranab 06-08-2011 07:27 PM

    New Delhi: Finance Minister Pranab Mukherjee on Saturday said there was no proposal to raise duties to make up any shortfall in tax revenues, as has been speculated in the past couple of days. While addressing a CII function on two decades of Economic Reforms, he sought to allay apprehensions...
  • Why globalisation is no antithesis of Hindutva 01-08-2011 02:41 PM

    Two things happened twenty years ago. Manmohan Singh was brought from Genevas economic think-tank South Centre and appointed finance minister in a deal forced upon India by the International Monetary Fund (IMF) when the agency was approached to bail the nation out of its debt crisis. Singh supervised the transition...
  • 20 years of economic reforms: Is there anything to celebrate?

    Tonight at 10, Sagarika Ghose asks whether there is anything to celebrate over 20 years of economic reforms. ...
  • 20 years of reforms: C Rangarajan's views 22-07-2011 10:12 AM

    It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit...
  • 20 years of economic reforms: Raghav Bahl's views 21-07-2011 09:57 AM

    It's been 20 years since Manmohan Singh opened up Indian economy and freed up Indian entrepreneurship. In 1991, when Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit...
  • 20 years of reforms: Bimal Jalan's views 20-07-2011 10:24 AM

    In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments...
  • 20 years of reforms: Montek Singh's view 19-07-2011 11:48 AM

    In 2011, India's Foreign Exchange Reserve stands at $315.72 billion, but 20 years ago, in 1991, the foreign exchange reserves were barely a billion dollars and FDI was almost non-existent. In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close...
  • 20 years of reforms: Shankar Acharya's views 18-07-2011 01:39 PM

    In 1991, when Manmohan Singh became the finance minister in the PV Narasimha Rao-led Congress government, the country was close to bankruptcy and had mortgaged its gold to pay for loan installments. India's fiscal deficit in 1991 was close to 8.5 per cent of GDP and the balance of payments...
  • Key political risks to watch in India 01-04-2011 11:37 AM

    New Delhi: Five states go to elections in April, while the ruling Congress party is under attack for high prices and graft scandals, and the polls are seen as a mini-referendum on Prime Minister Manmohan Singh's government. Few analysts expect any significant policy decisions on economic reforms before results are...