Month: March 2017

Beyond the farm

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Recent surveys suggest a sharp drop in agricultural employment. What must the government do?Written by Neelkanth Mishra | Updated: March 30, 2017 12:00:16 am (This was published in the Indian Express: link) We stand at a critical point in India’s economic history, when jobs finally appear to have started shifting away from agriculture. During the … Read more

Capital rush shows plumbing problems

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The ratio of bank loans to GDP, a measure of banking penetration, is among the lowest in the worldNeelkanth Mishra | Last Updated at March 6, 2017 22:50 IST (This was published in the Business Standard: link) Growth in bank loans is at a 50-year low when financial savings are rising: As a percentage of … Read more