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The market that Reliance Jio seeks to tap

Tadit Kundu | Mint | July 26, 2017
Since its launch in September last year, Reliance Jio, the brand new mobile offering of the Mukesh Ambani-led behemoth Reliance Industries Ltd (RIL) has grown at a fast pace, already grabbing more than 10% of market share in the telecom sector...
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The farmer in the farm loan waiver

Shailesh Dhobal | Business Standard | July 18, 2017
Four states in the country — Uttar Pradesh, Karnataka, Maharashtra and Punjab — have announced farm loan waivers amounting to almost half-a-per cent of the country gross domestic product. HSBC’s Pranjul Bhandari and Aayushi Chaudhary estimate that it may go up to 0.75 per cent of GDP if other states like Madhya Pradesh, Haryana, Tamil Nadu and Rajasthan also join the waiver bandwagon...
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Creating high-quality jobs to be Narendra Modi government’s big test

Tadit Kundu | Mint | July 13, 2017
In a recent discussion at the Reserve Bank of India, Niti Aayog vice-chairman Arvind Panagariya dismissed as bogus claims that India’s economy has expanded without creating jobs. Yet, job creation continues to be one of the major challenges for the Narendra Modi government—not necessarily the number of jobs being created but rather their composition...
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Gold is more a necessity than a luxury in India

Dipti Jain | Mint | July 06, 2017
In the run-up to the implementation of the goods and services tax (GST), the chief economic adviser to the finance ministry, Arvind Subramanian, had argued that in line with other luxury items, gold should attract an 18% GST rate. However, bowing to opposition from states and industry bodies, the final rate levied on gold turned out to be much lower at 3%...
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Digital divide in India

Rajesh Shukla and Megha Shree | The Financial Express | June 07, 2017
A world without the internet is no longer imaginable. It is no surprise then that the government of India is on a mission to turn the country digital to propel the next phase of growth. There are several challenges in connecting remote areas/villages via high-speed internet and these need to be explored to figure out a way forward...
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Despite economic progress, gender divide in India’s labour force remains stark

Tadit Kundu | The Mint | May 10, 2017
Five years after India’s official statistics recorded a sharp decline in the share of women in India’s labour force, a new large-scale survey conducted in 2016 shows that the proportion of working women in the country has barely improved...
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Why the gold monetisation initiative is failing to enthuse Indians

Tadit Kundu | The Mint | May 01, 2017
Nearly 18 months after it was first launched, the Narendra Modi-led government’s gold monetization scheme is yet to find many takers. In response to a Lok Sabha question, the government revealed that till mid-February this year, the scheme has led to deposits worth only 6,410 kg of gold since it was launched, less than 2% of the annual imports of the yellow metal in 2016...
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A More Efficient Bharat

Rama Bijapurkar | Business World | April 17, 2017
Rural India has already powered India’s domestic consumption growth for over a decade now and accounts for over half of Indian household spends. In many states rural growth has far surpassed urban growth and the difference between urban and rural spending has been narrowing steadily. So why all the sudden excitement and buzz these last two years, about tier-2 and tier-3 towns’ consumption zooming, and about Bharat powering India’s growth?
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Narendra Modi govt’s intent to curb black money laudable, but demonetisation has hit RBI image

Rajesh Shukla, Adite Banerjie and Megha Shree | The Financial Express | December 31, 2016
On November 8, Indian consumers were hit by a financial tsunami of sorts in the garb of demonetisation. The notable objective to clamp down on unaccounted cash, however, has given a liquidity jolt and initiated a massive currency crunch. Historically, demonetisation has been used only in extreme circumstances to control income, consumption and circulation of currency.
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How India lives, thinks, earns and spends

Pramit Bhattacharya | Mint | December 24, 2016
How much do India’s richest earn and what do they spend their money on? Does a college education impact earnings significantly? How are Indians living in metros different from those living in other parts of the country?
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