K R Sudhaman

By K R Sudhaman Aaya ram gaya ram politics began in India when Indira Gandhi was Prime Minister. She used to be accused of decimating the opposition parties by buying wholesale elected representatives. It all started with the former Haryana Chief Minister Bhajan Lal who bought wholesale opposition MLAs to form a Congress government in […]

The post BJP Has Perfected The Aaya Ram Gaya Ram Politics Initiated By Congress first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman The interim budget 2024-25 presented ahead of the General elections in April-May is slightly different from previous interim budgets in the sense it made no major tax announcements keeping in line with the convention. What is significant is that the budget speech was short, less than an hour, and that it […]

The post Pre-Election Interim Budget 2024-25 Smacks Of Confidence Of Modi Govt first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman After the G20 flagged off the Global South at its New Delhi Summit earlier this year, hunger and poverty eradication will be back on the global centre-stage at the 2024 G20 Summit in Brazil. “Brazil’s presidency offers something new: social issues, the fight against poverty and the resolution of the hunger […]

The post Fighting Hunger And Poverty Back In Focus As G20 Sherpas Meet Under Brazilian Presidency first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Government statistics released this week paint a rosy picture of the Indian economy with GDP growth clocking 7.6 per cent in the second quarter of this financial year 2023-24 on the back of strong manufacturing sector. This also strengthens India’s position as the fastest growing major economy, a position held by […]

The post Growth Data For This Fiscal’s Second Quarter Has Many Encouraging Signs first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman All is not well with India’s exports this financial year and the global uncertainties has made matters worse when one reads between the lines the data of exports of goods and services in the first half of this financial year 2023-24. This meant that India’s dream of achieving $ 1 trillion […]

The post India’s Foreign Trade Has Hit A Bump In The Face Of Global Uncertainties first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Contrary to the Dravida Model of sidelining Brahmins in Tamil Nadu as part of the caste politics under the garb of so-called social justice, the DMK government in Tamil Nadu led by Chief Minister M K Stalin has decided to honour father of India’s green revolution late M S Swaminathan by […]

The post Tamil Nadu Govt Under Chief Minister M K Stalin Honours M S Swaminathan first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Red tapes and White caps were common sight in ministries and government departments, a colonial hangover that persisted long after independence. The white caps worn by ministers and babus, particularly by peons in the corridors of power gradually disappeared from 1970s onwards. But Red taped files remained in government offices until […]

The post Swachhata Campaign Of Prime Minister Has Given A New Look To Govt Buildings first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Forbes has come out state-wise analysis of GDP in India, which makes an interesting analysis of how growth has been uneven in the country and there appears to be correlation between human development index and per capita income. Apparently merely high GDP does not indicate high economic prosperity in the country. […]

The post Growth Pattern Of States In India Is Uneven Though All Are Thriving first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Finance Minister Nirmala Sitharaman has reeled-out statistics on what the Indian economy would be in 2047. The projections she gave at the Global Fintech festival in Mumbai recently are quite interesting. She quoted a SBI research to say that India’s per capita income is to increase 7.5 times from Rs two […]

The post Can India Emerge As The Second Largest Economy Of The World In 2047? first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman The G20 summit on September 9-10 could not have come at any time better to highlight India’s great strides in digitalization, that has revolutionized payment system in the country and provided common man easy and quick solutions to his financial problems. With India taking the lead in becoming the voice of […]

The post India To Showcase At G20 Summit Its Power In Digital Payment Systems first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman Prime Minister Narendra Modi might be happy to announce that the Indian economy would become the third largest in the World in the next 4 or 5 years. These numbers do not mean anything as long as millions of people are still living below the poverty line in India. Statistics can […]

The post Indian Economy Has Some Positive Signs But There Are Slowdown Signals Also first appeared on Latest India news, analysis and reports on IPA Newspack.

By K R Sudhaman There is jubilation all over in BJP circles and the Indian media after the recent visit of Prime Minister Narendra Modi to United States, where he got a rousing welcome. This is no doubt a landmark bilateral visit which has laid the foundation for taking Indo-US relations to a new high. […]

The post China Is More Amused At Impact Of India-US Agreements Than Worried first appeared on IPA Newspack.

By K R Sudhaman The Narendra Modi government seems to be on cloud nine after more than expected growth in the fourth quarter of 2022-23. There are certain warning bells in the macroeconomic fundamentals, which should not be ignored. Morgan Stanley is in all praise for Modi government for economic achievements during the last ten […]

The post Indian Economy Is Showing Signs Of Buoyancy But There Is No Relief For Unemployed first appeared on IPA Newspack.

By K R Sudhaman United Nations declared in Mid-April this year that India has become the most populous country overtaking China at 1.43 billion. Can it do the same with regard to GDP to become second largest economy in the world? On the face of it, the proposition seems difficult in the next few decades […]

The post Indian Economy Has The Potential To Close Its Gap With China At A Faster Pace first appeared on IPA Newspack.

By K R Sudhaman The welcome development in Indian economy is that Inflation, riding on base effect, has moved below five per cent mark in April this year. But worrying factor is slowdown in Industrial and consumer goods production as IIP growth decelerated to 1.1 per cent in March this year. As a result rating […]

The post Moderation In Inflation May Lead To Pause In Interest Rate Hike This Fiscal first appeared on IPA Newspack.

By K R Sudhaman Agriculture and food are now back in the centre stage in the backdrop of the critical geopolitical developments. This has become necessary after food shortages witnessed in the face of Russian-Ukraine conflict in countries dependent on wheat imports from those two warring countries. In this emerging scenario, it is worthwhile to […]

The post Higher Budgeting For Agriculture And Food In India Is Now Crucial first appeared on IPA Newspack.

By K R Sudhaman Global debt and recession are two major challenges afflicting many parts of the World, particularly the global south. India, which heads G 20 this year, has a great responsibility to work with member countries to find a solution to these problems. In this connection, India’s G20 Sherpa Amitabh Kant is right […]

The post Global South Is Looking To India To Find Ways To Deal With Debt Crisis first appeared on IPA Newspack.

By K R Sudhaman After M G Ramachandran and Jayalalithaa, AIADMK, which was formed by MGR breaking away from DMK over issue of corruption during the leadership of M K Karunanidhi in 1970s, now has an undisputed leader in former Tamil Nadu Chief Minister, Edappadi Palaniswami, who became the unanimous party general secretary following the […]

The post Tamil Nadu Politics Enters New Phase After Court Verdict Favouring EPS Leadership Of AIADMK first appeared on IPA Newspack.

By K R Sudhaman It is now clear that Chinese data are quite overstated and the Chinese economy now at over $18 trillion as officially announced, is grossly overestimated. Recently reports appeared in some newspapers including popular Hong Kong-based South China Morning Post, to suggest that Chinese growth figures were exaggerated by two percentage point […]

The post Is Chinese Economy As Large As It Is Projected To Be? first appeared on IPA Newspack.

By K R Sudhaman Whenever joblessness arises, parochial issues like migrant labour raise their ugly head in different parts of the country. Be it the attack on South Indians in Mumbai in the 1960s by the late Bal Thackeray-led Shiv Sainiks, or on UP bhaias and Biharis in 2000s. Migration has always taken place in […]

The post Anti-North Indian Worker Bias Raises Its Ugly Head Again In Tamil Nadu first appeared on IPA Newspack.

By K R Sudhaman The ruling Bharatiya Janata Party may be upset by the utterances of noted economist and former RBI governor Raghuram Rajan that India may be heading towards Hindu rate of economic growth meaning the economy is drifting towards an era of low growth. But this is something worth pondering over by the […]

The post Is India Heading Towards Hindu Rate Of Low Growth As Raghuram Rajan Says? first appeared on IPA Newspack.

By K R Sudhaman As is the practice, there is a demand galore before the 2023-24 budget for tax sops, whether justified or not. Finance Minister Nirmala Sitharaman has a difficult task cut out for her as she may have to address some of the genuine demands this time as it will be the last […]

The post Sitharaman Must Balance Pre-Poll Compulsions With Fiscal Challenge first appeared on IPA Newspack.

By K R Sudhaman World Bank and International Monetary Fund might be gung ho about Indian economy, but emerging geo political situation in the neighbouring countries is a major source of concern and tottering economies in the sub-continent make the situation worse. India might be in a bright spot in otherwise sagging and recessionary global […]

The post Economic Instability In Neighbouring Countries Is Worrying For India first appeared on IPA Newspack.

By K R Sudhaman The preliminary official estimates by Ministry of Statistics has corroborated multilateral and other rating agencies forecast that India’s economic growth would be around 7 per cent in financial year 2022-2023. This only confirms that Indian economy is on a revival mode. The projected GDP growth may be less than 8.7 per […]

The post India Economy Is On A Revival Mode But Next Fiscal Will Be Challenging first appeared on IPA Newspack.

By K R Sudhaman World Bank has revised upwards its earlier GDP growth estimate to 6.9 per cent for India this financial year on the back of strong macroeconomic fundamentals and economic revival after Covid-19 mayhem. This is certainly music to the ears as India is perhaps a few countries looking up in otherwise gloomy […]

The post Finance Minister Must Focus On Speedy Job Generation Through 2023-24 Budget first appeared on IPA Newspack.

By K R Sudhaman India’s former chief economic adviser Arvind Subramaniam had flagged in his economic survey some years ago that India faced a major economic issue – twin balance sheet problem wherein Indian banks suffered huge debts as corporates, which had overleveraged banks were suffering huge losses resulting in defaults. This piquant situation occurred […]

The post Indian Public Sector Banks Have Used Pandemic To Improve Balance Sheets first appeared on IPA Newspack.

By K R Sudhaman India’s economic growth might have dipped to 6.3 per cent in July-September quarter of this financial year but the good news is the slide is not going to be as pronounced in the whole year. The year 2022-23 may still end up with GDP growth of 6.5 to 7 per cent […]

The post India’s GDP Growth Has Slowed Down But Overall, The Trends Are Positive first appeared on IPA Newspack.

By K R Sudhaman There is a general euphoria with a PIO Rishi Sunak becoming Prime Minister of United Kingdom.  This is natural as India being a vibrant democracy, politics is at its best even on a non-issue. In this, there is some case for celebration with Sunak being a practicing Hindu and for the […]

The post Early India-UK FTA Prospects Brighten With Rishi Sunak Becoming British PM first appeared on IPA Newspack.

By K R Sudhaman After International Monetary Fund recognized India as a bright spot in a gloomy world economy in view of the impending recession, high inflation and none too comfortable geo-political situation. It is true that India is better off than other major economies where the slowdown and economic woes are much more. This […]

The post Indian Economy Has Potential For High Growth But Job Generation Too Low first appeared on IPA Newspack.

By K R Sudhaman As India celebrates its 75th year of independence this year, several roadmaps are being laid for it to become a developed economy in the next 25 years when India would celebrate its 100th year of independence in 2047. Some of us might not be alive to witness it but ever optimist […]

The post India Can Become A $25 Trillion Economy In Twenty Five Years From Now first appeared on IPA Newspack.