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Privatisation of ECG Is not the solution: A case for sustainable public ownership

Next generation reforms to avoid middle-income trap: Suman Bery

In an interview, NITI Aayog vice chairman Suman Bery discusses the impact of staying on the "fiscal glide path" on India s credit ratings and private investment. He praises the finance minister for staying the course on fiscal consolidation, which provides headroom for the Reserve Bank of India and impacts the credit ratings of corporates and banks. Bery notes that the timing is right for a huge capex cycle in the private sector and emphasizes the need for regulatory reforms, decentralization, and freeing up sectors like agriculture and energy. He also mentions the importance of transparency in land markets, digitization, and artificial intelligence. Additionally, Bery highlights the challenge of a growing population and the progress made in reducing multidimensional poverty, but suggests that more significant measures may be included in the full budget.

2023 growth on track to surpass 5 percent, says central bank

The Bank of Tanzania (BoT) has expressed confidence that economic growth this year will surpass the projected five percent

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