03 May 2023 In an uncertain global business environment, India has been proactively engaging with the world for new economic opportunities. This is an opportune moment to deepen engagement with two long-time collaborators and close partners—Italy and France—with whom India shares historical ties and many mutual interests. Both Italy and…
Browsing CategoryDG’s Journal
India’s G20 Presidency and Economic Growth
19 Apr 2023 Twenty-twenty three is a momentous year for India. The G20 presidency, of course, serves as a diplomatic exercise to reinforce relations with old partners, explore new ones, and enhance the incumbent nation’s image and might on the global stage. It also presents an opportunity for India to represent…
Transforming India’s Health System
10 Apr 2023 While mostly working in a silo driven environment, COVID-19 pandemic experiences brought together challenges and immense learning, not just for healthcare and its allied industries, but for all. Core to the realisation was that delivery in healthcare goes beyond traditional providers of care and encompasses individuals, Industries…
Time for RBI to Pause
The backdrop for the forthcoming monetary policy committee meeting to be held this week has sharply altered since the February meeting owing to financial stability risks emanating from the US banking sector. On the domestic front, the monetary policy normalisation has led to rate hikes of 250 basis points so…
Recognising Opportunities for Women-led Development
27 Mar 2023 India is a young society. Adolescents in India are a growing demographic, constituting the demographic dividend that is a great asset for India. This segment of youth has become much better educated than the previous generation of adolescents—a remarkable achievement—especially because it took place with gender parity.…
Millets Making a Comeback on Global Stage
03 Mar 2023 Millets, also known as ‘Sri Anna’, are making a resurgence in line with the International Year of Millets declared by the United Nations. These grains, some of the oldest in the world, are rich in protein, fiber, minerals, iron, calcium and have a low glycemic index. Their short growing season…
Budget Displays a Vision to Sustain Growth Amid Global Uncertainties
07 Feb 2023 The Union Budget 2023-24 was presented at a time when domestic growth drivers were reviving while global uncertainty continued to be high. At such a juncture, the Budget was expected to articulate a growth strategy, which it did. The finance minister focused on driving up public capital…
Budget 2023-24 Expectation: Increase Capital Expenditure Outlay by 35% to Boost Economy
31 Jan 2023 The Union Budget 2023-24 is being presented at a time when India is considered a beacon of hope amid a turbulent global economy. The 7 per cent expansion in the gross domestic product (GDP) estimated in FY’23, as per the first Advance Estimates, synchronizes well with market…
Budget Should Navigate Economy Against Global Challenges
30 Jan 2023 With less than a week to go, the last full Budget of the government has entered the last mile. Budget 2023-24 comes at a time when the global economic environment continues to be troubled. The confluence of global headwinds is triggering fears of an imminent global recession.…
India Needs ‘Growth’ Budget as Global Risks Get Amplified
17 Jan 2023 The forthcoming Union Budget, to be presented in Parliament by finance minister Nirmala Sitharaman on February 1, will be the first real post-Covid Budget and the last full-year Budget before the general election is announced. The macroeconomic backdrop is a challenging one, where domestic demand drivers are…