EMerging Equity
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Modi’s Plan For Reform Down To The NITI Gritty
By M. Govinda Rao The Planning Commission is dead: long live the National Institution for Transforming India (NITI). The role and remit of India’s new planning institution has been under debate ever since Prime Minister Narendra Modi in his Independence Day address announced the demise of the Planning Commission. In the Cabinet Resolution passed on 7 … Continue reading
India Laying Foundation For Even Faster Economic Growth, World Bank President Says
By The World Bank World Bank Group President Jim Yong Kim said India is pursuing reforms that could accelerate growth in its economy and this could more rapidly reduce poverty and spread prosperity to more people in the country who are marginalized and vulnerable. Speaking at the “Vibrant Gujarat” conference, Kim praised Prime Minister Narendra Modi and … Continue reading
A New India Is Rising
By Rajiv Kumar India had a landmark year in 2014. A new political, cultural and economic reality is emerging. The trend of political fragmentation that started with the general election in 1989 and saw a succession of coalition governments over the next 25 years has been decisively reversed. The Bharatiya Janata Party (BJP) swept to … Continue reading
Reforms To Put India On A Strong, Sustainable, Inclusive Growth Path: OECD
India’s economy is showing signs of a turnaround. New reforms, some of which are included in the package presented by Prime Minister Narendra Modi, need to be implemented in order to put the country on a path to strong, sustainable, and inclusive growth, according to the OECD’s latest Economic Survey of India that was released on … Continue reading
India Ready To Tackle A QE-Less Future
By Ashima Goyal India was one of the hardest hit of the emerging markets after the US Federal Reserve first hinted it would cut back its quantitative easing program in May 2013. There were three reasons for this. First, global markets over-reacted. Second, India had many macroeconomic weaknesses. Third, since its capital markets were deep … Continue reading
