Based on the Rangarajan Poverty Line (which is higher than than Tendulkar line, hence more conservative): India has made unprecedented gains in poverty reduction in the last decade. Every state & UT has seen an impressive fall in their poverty rate. More than 30 Cr people have come out of poverty (~302M) since 2011-12 #Historic

Next time someone blames Indja for market concentration, show them this 👇

Total investment in the Indian economy is 32% of GDP. Central government capex is 3.2% — exactly one-tenth of all investment. The bearish view that says private capex has gone missing has yet to answer one obvious question: who is funding the other nine-tenths? 🧵

#ANRF and #RDI conversation with Govindraj Ethiraj at the Core Report youtu.be/9rkmEU0cSM0?si=9uTZ…

Nalanda University has to be one of the most uniquely aesthetic campuses in India.

Refreshing! Congratulations @IITKanpur & @agrawalmanindra - wish you all the very best for this innovative program. #HarnessingTalent

What has welfare achieved in 12 years? Poverty rate (Rangarajan): Adult female: 33.3% -> 2.2% Children: 58.3% -> 17% And for the first time, poorest 30% of India has a basic minimum living standard. #KnowIndia 🇮🇳

A fortnight ago, Vijay Gokhale observed that China sees Indian democracy as a long-term ideological problem. The Chinese commentary that followed went to lengths explaining why India does not matter, why Indian democracy is a curse, and why Indian aspirations exceed Indian means. That vehemence is a tell in itself. Indifference does not produce it. That India even manages to function at this scale, with this civilisational depth, absorbing its contradictions with a democratic polity, worries Beijing far more than it is willing to admit. Even after decades of neutralising democratic experiments in China's near abroad (read Hong Kong), the CCP has no template to explain India to its own citizens. A short breakdown of Beijing's anxiety in my Sharp for @SwarajyaMag — rb.gy/kmq1q7

India's TFR Declining Faster Than Anticipated: Dr Shamika Ravi Says Women Need Childcare Support swarajyamag.com/economy/dr-s…

India needs outcome-driven urban policy, says EAC-PM paper. m.economictimes.com/news/eco…

India's Resilient Economy Thrives on Domestic Demand devdiscourse.com/article/bus…

Why growth is a micro concept. youtu.be/uFsBsSPKNhY?si=FsNY…

Whenever Prof. @ShamikaRavi gives an interview, she brings to life a social empowerment story behind the statistics, making it truly engaging. Growing up in a village, I have always associated inclusive growth with development at the rural level. Anecdotally, I have observed that the re-architected 𝗝𝗔𝗠 𝗧𝗿𝗶𝗻𝗶𝘁𝘆 has made a visible impact in small villages of Namakkal, Salem and Erode districts (Tamil Nadu) through schemes like 𝗔𝘆𝘂𝘀𝗵𝗺𝗮𝗻 𝗕𝗵𝗮𝗿𝗮𝘁, 𝗣𝗠-𝗞𝗜𝗦𝗔𝗡, 𝗮𝗻𝗱 𝗠𝗨𝗗𝗥𝗔 𝗹𝗼𝗮𝗻𝘀. Citizens there show greater appreciation for these schemes than their urban counterparts. It is encouraging to see Prof. @ShamikaRavi’s overarching perspective in the @DDNational (Bharat Reloaded) interview on how this precision-rearchitected JAM trinity is playing out in rural India, backed by robust statistics. Additionally, emerging consumer trends in rural India — strong e-commerce growth, rising 5G handset sales, and increasing D2C brand adoption — point to a 𝗻𝗲𝘄 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗲𝗰𝗼𝗻𝗼𝗺𝘆 𝘁𝗮𝗸𝗶𝗻𝗴 𝘀𝗵𝗮𝗽𝗲 𝗶𝗻 𝗕𝗵𝗮𝗿𝗮𝘁. Economists and industry reports consistently highlight 𝗿𝘂𝗿𝗮𝗹 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗮𝘀 𝗮 "𝗯𝗿𝗶𝗴𝗵𝘁 𝘀𝗽𝗼𝘁" 𝗮𝗻𝗱 𝗸𝗲𝘆 𝗱𝗿𝗶𝘃𝗲𝗿 𝗳𝗼𝗿 𝗜𝗻𝗱𝗶𝗮'𝘀 𝗚𝗗𝗣 𝗴𝗿𝗼𝘄𝘁𝗵. This reflects how inclusive growth schemes are effectively reaching intended beneficiaries with minimal leakage and unlocking real purchasing power at the grassroots level. #India #RuralEconomy #BharatReloadedOnDD @EACtoPM @NITIAayog @DDIndialive @DDNewslive @capitalcalculus @PMOIndia @narendramodi @mssrf @doctorsoumya @DeshpandeFdtn youtu.be/4ioX_3xdiYU

On Net FDI: share.google/865Vpx3w1MSq55B…

Among several fiscal measures, if I had to focus on one, it would be: Capital Outlay for Development (real & per capita). It’s the best predictor of long term growth of a state. Here are the 30 yr trends for large states (rank ordered by GSDP growth rate). Red line is national average. Read more: eacpm.gov.in/wp-content/uplo…

Fantastic paper. Shows why central govt’s intermediation architecture is best read not as a subsidy but as a commitment device to overcome a classic holdup problem by states. “Holding up Green Energy: Counterparty Risk in the Indian Solar Power Market.” onlinelibrary.wiley.com/doi/…

Tonight, a prayer for the mother of Sepoy Janjal Pravin Prabhakar receiving her son’s Kirti Chakra. Young Sepoy Janjal was killed in action in July 2024 after killing 2 terrorists in Kulgam, J&K. 💔🇮🇳