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India's Modi plans post-election reforms to rival Chinese manufacturing

Indian
Prime Minister Narendra Modi plans a raft of business-friendly
measures if he wins a third term this week, including pushing
through regulations making it easier to hire and fire. ....

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Key Economic Gauges may Shift Base to FY23

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. ....

Arvind Subramanian , Josh Felman , Pronab Sen , Sudipto Mundle , National Income , Br Ambedkar School Of Economics University , National Statistical Commission , Industrial Production , Wholesale Price Index , Consumer Price Index , Reserve Bank , Economics University ,

Foreign Policy Spring 2024 Print Issue: How India Is Reshaping the World Order

Illiberal, democratic, and rising: How a middle power is reshaping the world order. ....

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A decade of Make in India: What will it take for India to become the factory of the world?

At a time when global firms are diversifying manufacturing away from China to hedge against investment risks, India needs to avail of this historic opportunity ....

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'The real GDP was captured better'

Revision of the base year for both CPI and GDP are long overdue.
The basic data that went into the 2011-2012 series were mainly from surveys done in 2011 or earlier.
We have since seen the emergence of new sectors like platform-based work and online marketing.
The employment surveys and the consumption surveys need to reflect these adequately. ....

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