Join journalist Puja Mehra as she breaks down one story to give you all the context you need to understand how it fits into the larger picture of India's economy.
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It’s been 30 years since India opened up its economy, freeing it of the licence permit raj, improving access to capital, and introducing a New Industrial Policy. But what went on behind the scenes, and how have successive governments taken these reforms forward? In a series of seven conversations with economists, policymakers, thinkers and doers, Puja Mehra unpacks the story behind India’s reforms and finds out what’s likely to happen in the near future. This is a Mint production, brought to ...
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How Poultry Became India’s Fastest Growing Agriculture Sector with Siraj Hussain
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In this conversation, journalist Puja Mehra speaks to former secretary with the Ministry of Agriculture Siraj Hussain about the rapid growth of India's poultry sector and how it has outpaced other agricultural sectors like fisheries and livestock. They discuss the rise of the integrator model in poultry farming, the challenges and benefits of contr…
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How Thums Up Gave Coca-Cola and Indian Politicians A Lesson In Market Economics with R Srinivasan
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In this episode, Raghavan Srinivasan, journalist and former editor for The Hindu Business Line, talks about the story of Coca-Cola's entry into the Indian market. He highlights how global brands like Coca-Cola and Pepsi, after initially trying to dominate the Indian market, had to adapt to local preferences, even reintroducing beloved brands like T…
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India’s Endless Struggles Against China’s Exports Dominance with Ila Patnaik
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In this episode, Puja Mehra talks to economist Ila Patnaik about the complex challenges India faces as it strives to compete with China's export dominance. They talk about the uncompetitive infrastructure, higher labor and energy costs, and irrational tariff structures that hinder India’s manufacturing sector. Patnaik discusses the impact of China'…
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Big Tech’s Hidden Costs and Power with Payal Malik
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In this episode, Puja Mehra talks to economist Payal Malik about the impact of big tech companies like Google and Meta on market competition in India and the recent antitrust ruling against google. They explore how these giants dominate industries through data extraction, stifling innovation and harming suppliers, the need for new regulations to ad…
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India Before 1991 And How The Reforms Changed It with Shruti Rajagopalan
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In this conversation, Puja Mehra talks to Dr. Shruti Rajagopalan about the historical context of the 1991 Economic Liberalisation of India. She illustrates how the economy in india worked through the manufacture of a bicycle and goes on to explain the impact of those economic reforms, the careful planning that went into it, the people who brought i…
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How To Read India’s Budgets with Vijay Singh Chauhan
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In this conversation, Puja Mehra talks to Vijay Singh Chauhan about the complexities of government budgeting and fiscal management in India. They discuss discrepancies in GDP numbers, government borrowing, the fiscal deficit, the importance of transparency, statistical skills, and public input in the budget-making process, and much more. For more o…
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Banks of the Princely States: Before and After Independence with Amol Agrawal
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In this conversation, Puja Mehra and economist Amol Agrawal discuss the history and evolution of banking in India, the establishment of princely state banks, their merger into the State Bank of India, the emergence of new banking forms and much more. ABOUT AMOL AGRAWAL Amol Agrawal is a teacher of economics having taught economics at Ahmedabad Univ…
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Households: The GDP's Largest, Battered Sector with Nikhil Gupta
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In this conversation, journalist Puja Mehra speaks to economist Nikhil Gupta about the financial situation of households (including weakening income growth, growing debt, and reliance on non-mortgage personal loans), the intricate relationship between the household and corporate sectors, recent trends in savings, investments, and borrowings, and mu…
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The Origins Of Private Banking In India with Amol Agrawal
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In this conversation, journalist Puja Mehra speaks to economist Amol Agrawal about the history of private banks in India, how the RBI was setup, banking regulation through the years, the beginnings of some of India's most iconic private banks and much more. ABOUT AMOL AGRAWAL Amol Agrawal is a teacher of economics having taught economics at Ahmedab…
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India's GDP: Whose GDP Is It Really? with Rathin Roy
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In this conversation, journalist Puja Mehra speaks to economist Rathin Roy about India's economic growth and challenges, the country's economic transformation, the need for inclusive development, the growing disconnect between the masses and the growth process and much more. ABOUT RATHIN ROY Rathin Roy was the Director and CEO of the National Insti…
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From Severe Shortages to Huge Surpluses and Shortages Again - India’s Food Economy with Siraj Hussain
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In this conversation, journalist Puja Mehra speaks to former secretary with the Ministry of Agriculture Siraj Hussain about agriculture policy, managing food inflation, minimum support price, wheat procurement, nuanced policies that balance farmer interests with consumer needs and much more. ABOUT SIRAJ HUSSAIN Siraj Hussain joined the IAS in 1979 …
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India’s Success and Struggles Against Poverty with Maitreesh Ghatak and Rishabh Kumar
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In this conversation, journalist Puja Mehra speaks to economists Maitreesh Ghatak and Rishabh Kumar about poverty estimation in India, historical trends in poverty reduction, defining the poverty line, poverty in rural areas vs urban areas and much more. ABOUT MAITREESH GHATAK Maitreesh Ghatak is Professor of Economics at the London School of Econo…
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How Parliamentary Debates Sometimes Shape India’s Economy with Chakshu Roy
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In this conversation, journalist Puja Mehra speaks to Chakshu Roy about challenges faced by members of parliament in contributing to economic policymaking, the importance of research support, the limitations of the parliamentary system and much more. ABOUT CHAKSHU ROY Chakshu Roy is an expert on the rules and procedures of Parliament and its functi…
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How India Cut Time For Goods To Come Through Ports From 14 to 2 days with Vijay Singh Chauhan
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In this conversation, journalist Puja Mehra speaks to Vijay Singh Chauhan about streamlining cargo clearance processes in India, the challenges faced during COVID-19 in cargo clearance and much more. For more of our coverage check out thecore.in Subscribe to our Newsletter Follow us on: Twitter | Instagram | Facebook | Linkedin | Youtube…
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Why Air Travel Isn’t Hassle-Free In India with Rajesh Vetcha
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In this conversation, journalist Puja Mehra speaks to Rajesh Vetcha about Airports, how they are run, how the systems that allow for the functioning of airports work, passenger charters and much more. For more of our coverage check out thecore.in Subscribe to our Newsletter Follow us on: Twitter | Instagram | Facebook | Linkedin | Youtube…
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Should India Give Apple Money To Make iPhones Here with Suyash Rai
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In this conversation, journalist Puja Mehra speaks to economist and deputy director at Carnegie India Suyash Rai about manufacturing policy in India, Apple's planned iPhone manufacture in India, whether PLI schemes actually work, industrial policy in India and much more. ABOUT SUYASH RAI Suyash Rai is a deputy director and fellow at Carnegie India.…
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The Kashmir Economy's Truth And Myths with Haseeb Drabu
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In this conversation, journalist Puja Mehra speaks to Former Finance Minister of Jammu and Kashmir Haseeb Drabu about the inner workings of the Kashmir economy, opportunities for businesses in the valley, what the abrogation of Article 370 meant for businesses and much more. ABOUT HASEEB DRABU Haseeb Drabu is an Indian politician, economist and the…
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Join journalist Puja Mehra as she talks to Economists, Academics and Researchers and breaks down one story to give you all the context you need - historical, macro-economic and policy-related - to understand how it fits into the larger picture of India's economy. For more of our coverage check out thecore.in --Support the Core Report-- Join and Int…
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Ruchir Sharma: ‘Only in a crisis does India reform’
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Has the Indian economy truly graduated from being business-friendly to being market-friendly? As we come closer to wrapping up the series, Let’s hear from Ruchir Sharma, Global Investor, Author, and Columnist, about India’s reform experience and the progress made in the whole range of market economies as a result of reforms taken in these 30 years.…
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Surjit Bhalla: ‘Reforms provide welfare benefits to the bottom 50%’
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What shape will Modi’s government reforms eventually take and what results they are gonna finally yield? How they will ultimately change lives in the years to come? In this episode, Pooja Mishra in conversation with Surjit Bhalla, Executive Director for India at the IMF, gives deep insights into the important reforms initiatives by PM Modi until no…
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Bibek Debroy: ‘Modi is implementing reforms pending from 1993’
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We cannot afford to deny that there are signs of a deep malaise in the Indian economy. To understand what has truly gone wrong, Join Pooja Mehra in conversation with Dr. Bibek Debroy, the Senior most Economist in the Government and Chairman of PM Modi’s Economics advisory council as he traces back the Narendra Modi’s government reforms record ever …
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Vijay Kelkar: ‘If you want to be an economic superpower, you can't be protectionist’
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What makes Vajpayee’s reforms different from the successor government? Weren’t the economic reforms of his regime more by oversight than by design? In this episode of India’s reform story, Join Pooja Mehra in conversation with Vijay Kelkar, former finance secretary and chairman of the 13th Finance Commission, as he uncovers Vajpayee’s knack of over…
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N.K. Singh: ‘When Vajpayee became PM, telecom was in a colossal mess’
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When Vajpayee became Prime Minister in 1998, the telecom sector was in complete disarray. What fueled the explosive growth in the telecom sector and how did it become one of the big reform success stories? Join Pooja Mehra in conversation with N.K. Singh, Chairman of the 15th Finance commission, as they talk about the cleanup and total deregulation…
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Rakesh Mohan: ‘The 1991 moment was 18 months in the making'
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Only a few people realize how irrational the Indian economic control system was before 1991. What the winds of economic liberalization brought with it was the dismantling of License Permit Raj. Join Pooja Mehra in conversation with Dr Rakesh Mohan, Former deputy governor of RBI, as they discuss this system in-depth, the command-and-control economy,…
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Montek Singh Ahluwalia: ‘1991 reforms aimed at more than just the BOP crisis’
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India ran into an unsustainable deficit in the balance of payments in the year 1991. To start the series, Pooja Mehra asked Mr Montek Singh Ahluwalia, an Indian economist and civil servant who served as the Deputy Chairman of the Planning Commission of India, to recount how the BOP 1991 crisis built up, how it was brought under control and how poli…
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