Tuesday 29 October 2019

Best of BS Opinion: Real wage rate falls, consumption blues, and more

The Indian economy has generated a contest of imaginations, which are feeding on hopes and fears. They all serve to meet their own needs of the moment. Uddalok Bhattacharya sums up
With a greater focus by state governments on improving the ease of doing business in their jurisdiction, India can surely hope, as the Prime Minister has exhorted us, to be one of the top 50 in this globally.
Rajiv Kumar explains how
Privatisation that is not carefully planned does little to help the economy, says T T Ram Mohan
In 2018-19 the wage increase in India’s best employers could not keep pace with inflation, says Mahesh Vyas. This is disquieting.
OUR EDIT SAYS:
The recent tax cuts have helped, but India Inc’s revenue growth is not encouraging
QUOTE
"We sought votes neither for the BJP nor for the Congress. People gave 1.86 million votes in JJP's (Jannayak Janata Party’s) favour and we won ten seats."
Haryana Deputy Chief Minister Dushyant Chautala

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