CategoriesFocus Areas Ideas for GrowthOur biggest imperative as a nation today is to create good jobs that would help our humungous workforce transition out of low-productivity and low-paid agricultural work. 46% of India’s workforce is engaged in agriculture, but the sector contributes just 18% to our GDP. Jobs in manufacturing and services are 3-6 times as productive. When it […]
CategoriesFocus AreasOur guest for October is one of the strongest proponents of countries striving for GDP growth as a means of improving human lives at scale. Lant Pritchett’s arguments for growing the size of the pie are incisive and empirically driven, based on his work at the World Bank. He’s done a lot of work in keeping alive […]
CategoriesFocus Areas Ideas for GrowthAjay Shah, economist extraordinaire and author of the finest primer on public policy in India – ‘In Service of the Republic’ – believes everything is everything! It’s more than just the ‘catchy’ name of his insightful podcast with Amit Varma. Ajay explained when he joined us for our own humble endeavour – FED Dialogues – that […]
CategoriesFocus Areas Ideas for GrowthOur guest for this episode of FED Dialogues, a private equity investor turned philanthropist, has a neat analogy for how he looks at philanthropy. He’s done the ‘debt’ part of his philanthropy – set up a world-class university where he can see the impact he’s creating. He’s now looking at more ‘equity’ opportunities in philanthropy. These […]
CategoriesFocus Areas Ideas for GrowthOur guest for this episode of FED Dialogues, has just authored one of the most highly acclaimed books on India – “Accelerating India’s Development: A State-Led Roadmap For Effective Governance”. In this fascinating one hour conversation, Karthik gives us an introduction to the key messages of his book – the idea that the government can […]
CategoriesFocus Areas Ideas for GrowthGrowing up in a business household, Naushad Forbes read and heard about the gulf in living standards that separated countries in the league of South Korea, from India. That gulf, which was non-existent at one point in time – India’s per capita GDP was the same as South Korea’s in 1960 and slightly higher than […]
CategoriesFocus Areas Ideas for GrowthFrom classrooms to political rallies to multilateral summits, entrepreneurship is the buzzword being peppered liberally everywhere, and for good reason. It’s the fulcrum of innovation, employment and wealth creation. And nothing breeds success like success! It takes a few to succeed, for a thousand more to strive for success. So, the flywheel keeps spinning. But are we […]
CategoriesFocus Areas Ideas for GrowthIt’s been over 30 years since India liberalised its economy. If it didn’t sink in then, it’s crystal clear today that 1991 was an epochal moment for modern India, the country we were and what we aspire to become. Our guest for this episode of FED Dialogues, acclaimed author and former Chief Executive of Procter & […]
CategoriesElectronics Focus AreasIndia is stepping up its ambitions of gaining global market share in labour-intensive manufacturing. The success we have seen in electronics and smartphone assembly with the production-linked incentive or PLI scheme suggests that electronics manufacturing services (EMS) can be the perfect launchpad for achieving our goal of increasing the share of manufacturing from 13% to 25% […]
CategoriesFED Updates Focus AreasEvidence tells us, unequivocally, that sustained economic growth is the best bet for poverty alleviation. But scepticism about growth remains embedded in our discourse. In this episode, FED Director Rahul Ahluwalia talks to one of India’s most-renowned economists, first Vice-Chair of the NITI Aayog and Chair of the 16th Finance Commission, Dr. Arvind Panagariya. They discuss Dr. […]
