In the emerging global world order, India is trying to position itself as a knowledge driven economy. Higher education assumes tremendous importance in this context. Large scale changes are being talked about and may indeed be implemented. The challenges are many and momentous, and a successful...

One of the terms of reference of the Thirteenth Finance Commission (ThFC) calls upon the Finance Commission to look at ‘Measures needed to augment the consolidated fund of a State to supplement the resources of the Panchayats and Municipalities in the State on the basis of the recommendations...

The present essay is based on various talks that I was called upon to deliver recently. Economics Department of M.S. University, Baroda organized a National Seminar on Stability and Growth in the Post reform Period in India where I delivered a Key Note Address. Then I was invited to speak at an...