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India's shining GDP data masks a key weakness in what fuels growth: household savings

New Delhi, Oct. 6 -- India continues to clock the fastest GDP growth among major economies, drawing headlines that suggest resilience and dynamism. Yet, the financial foundations of Indian households,... Read More


Ajit Ranade: Faster justice can lift investment, speed up India's economy

New Delhi, Sept. 23 -- The issue of judicial reforms is hot again. There are many symptoms that point to their urgency. The first is case pendency. Indian high courts and district courts together had ... Read More


Ajit Ranade: Faster justice can lift investment and speed up India's economy

New Delhi, Sept. 23 -- The issue of judicial reforms is hot again. There are many symptoms that point to their urgency. The first is case pendency. Indian high courts and district courts together had ... Read More


Ajit Ranade: India should split GST revenues 60:40 in favour of states

New Delhi, Sept. 8 -- The decisions taken at the 56th meeting of the Goods and Services Tax (GST) Council were historic and can justifiably be called the launch of GST 2.0. After seven years of its ro... Read More


Ajit Ranade: RBI must not abandon headline inflation as its target

New Delhi, Aug. 25 -- The Reserve Bank of India (RBI) has invited comments from stakeholders on a discussion paper on the next five-yearly review of its monetary policy framework. This framework, call... Read More


Ajit Ranade: India must resolve its paradox of jobless graduates amid a scarcity of skills

New Delhi, July 28 -- India's gross enrolment ratio (GER) in higher education is at 28.3%, up by five percentage points in the past 10 years. This represents the proportion of those between the ages o... Read More


Ajit Ranade: A progressive GST is easier to promise than achieve

New Delhi, July 15 -- This month, India's goods and services tax (GST) completed eight years. This is a milestone reform. It is a consumption tax that unifies the national economic market, getting rid... Read More