Fast growth in India has led to the formalisation of economic activities. But formalisation of economic activities in India also allowed the emergence of bigger businesses which may form cartels and start charging higher prices.

Bigger businesses may start charging higher prices, creating entry barriers for smaller ones. A report suggests that India’s top 20 firms earn 60% of corporate India’s cash flow and generate 70% of profits, up from 14% 30 years ago.

The middle class in India is feeling the squeeze because real wages have not risen, but costs are rising.

In spite of de-dollarization and new found love for gold in recent times, the US dollar and the economy are showing no signs of weakness.

Tightening monetary policy is going to increase the yield on US treasury security, making the dollar stronger.

Controlling CAD is important as it has an implication on growth because of its close ties to national investment and saving. It also affects exchange rates and thus influences the export competitiveness of an economy.

The bargain between companies and their 'employees' must become more equitable.

More than the removal of GSP, distorted domestic policies are holding back key sectors like textiles and apparel, auto parts, organic chemicals and engineering goods.

In the event of the coronavirus outbreak now, policymakers in India should be mindful of these shortcomings of India's public healthcare system.

A lack of a strong IPR regime and drug price control – India is already among the five offenders on drug tariffs – delay innovation and the advent of cutting edge medicines.

Two years after the Narendra Modi government introduced e-markets to bring about significant increases in product price realisation, these have hardly penetrated most states.

Connectivity, institutional linkages and free movement of labour – these are all areas India has struggled with over the last decade.

Analysis using Milton Friedman's theory shows India's GDP growth is likely to crawl back to its long-run level. However, we cannot deny the loss in interim GDP because of demonetisation.

As much as 90% of increases in per capita income come from technological innovation. The Economic Advisory Council should look for a strategy that will make technology inclusive.

China's policies have aided its own economic development and also benefitted the Southeast Asian nations it trades with. India should learn from that.

Statistical analysis suggests that farmers in states that have amended the Agricultural Produce Market Committee Act are less likely to commit suicide, but further reforms are needed to reduce the incidence of farmer suicides across the country.

Long term trends suggest India's growth story is kept alive through higher government expenditure: GDP from public administration has now surpassed the GDP from the agriculture sector.

Slower growth is making people despair and dividing society, something that Trump has exploited well during his campaign.

Voters may be happy to receive freebies, but the long-term economic and political consequences of this are immense. Instead, political, judicial and administrative reforms are needed to curb corruption.