Perhaps for the first time in history, two fundamental technology transformations are taking place together, their pace intensified by global rivalry. It is at this critical juncture that a new government will take charge in India. It must get its policy priorities right.
The government is considering a change in the base year for key economic indices to FY23, as well as a revamp of several datasets, to better capture structural changes in the economy, said people aware of deliberations on the matter.
Why the third tier of government needs a status upgrade financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan.
But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
Towards the 16th Finance Commission: Over Rs 1.3-trillion FC grants go abegging financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.