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'India should not go back to licence raj': Nobel laureate Paul Krugman businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Synopsis The licence raj, which involved an elaborate system of licences and regulations that were required to set up and run businesses in the country, was dismantled with the liberalisation policy introduced in 1991. Agencies Income inequality issue is a severe one in India. If the USA has an extremely hard time to tackle extreme inequality, then I got to worry about India, he observed. India should not go back to the licence raj regime and the country should have a deliberate policy for fostering industries, Nobel prize-winning economist Paul Krugman said on Monday. Addressing a virtual event organised by Ashoka University, Krugman further said the income inequality issue is a severe one in India. ....
The Meaning of Bilateral island.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from island.lk Daily Mail and Mail on Sunday newspapers.
Talk of a bounce back from the economic devastation wreaked by Covid-19 may feel a little premature in the UK. We are still in the midst of it all. But some countries are enjoying the first signs of recovery. So-called emerging market economies have started to see strong growth and many investment experts believe they present good long-term opportunities for investors. Sam Dickens, portfolio manager at IG, is one of them. He points out that since stock markets plunged last March, an index of the biggest companies in emerging markets has outperformed US companies by close to 17 per cent. Opportunity: The poverty and the riches on display in Mumbai. Experts believe India offers a huge amount of potential ....
After opening the batting in Sri Lanka in the absence of Rory Burns, who has since returned to the squad following the birth of his first child, Crawley had been expected to move back to No 3, from where he played so impressively against Pakistan last summer. For the opening match, which starts on Friday, that position is now likely to be taken by Dan Lawrence, with Ollie Pope coming straight into the side after his recovery from injury. “There’s a number of different combinations we can go with. I think that’s the exciting part of it – we’ve now got a number of guys who can bat in different positions,” said Root. “I think everything’s on the table as far as selection is concerned, we’ll weigh everything up when we get to the ground, look at the conditions, look at the surface again, and try to have real clarity going into the game.” ....