Tag Archives: India

Backgrounder.Business InsiderChina and India are guarding against the preposterousGeorge Friedman, Geopolitical Futures

The Justice Verma Committee submitted its report on January 23, 2013. In addition to recommendations for reforming laws related to sexual violence, harassment, and trafficking, it provided a comprehensive framework for gender justice through a proposed “Bill of Rights.” The Verma Committee’s recommendations are still waiting to be transformed into public policy. We must not forget that this document represents an intense 30 days of work in response to a brutal gang rape of a young...

By Sunanda Sen* (Guest Blogger)Success achieved by the Indian economy , as highlighted in the recent budget of the central government rests on four pillars which include current GDP growth rate at 7.6%, drop in inflation ( as measured by the CPI index) around 6%, a record stock of official reserve at $350bn and most importantly, a reduced fiscal deficit at 3.5% of current GDP.Looking beyond the official figures to convey the positive note, one comes across reservations; first that the GDP...

New paper by Suranjana Nabar-Bhaduri published by PERI. From the abstract:India’s trade balance and current account have shown persistent deficits for a major part of its post-independence period. Since the mid-2000s, trade deficits have increased perilously, with a sharp rise in both oil and non-oil imports. This has increased the magnitude of the current account deficit, as net earnings from services and remittances have been insufficient to offset the trade deficits. India has relied on...