The Economic Times

Return of manufacturing?

Historically, growth in developing economies has been led by industry, minerals or agriculture. The only exceptions have been small island economies that are tourism-led. India is the first major developing economy to become services-led, with services outpacing industry and agriculture. …

Return of manufacturing? Read More »

Second coming of Jawaharlal Nehru

For decades, I have been among the most scathing critics of Nehruvian socialism, which  deformed our intellectual and economic development for four decades after independence. Initially, this criticism was regarded as blasphemy. Today, it has become close to conventional wisdom. …

Second coming of Jawaharlal Nehru Read More »