Posts

Showing posts from May, 2018

Election manifesto: Where is Economics

The meaning of Economic development for we all economists is the improvement in the fundamentals of the economy. Each government should strive to increase the consumption, private and public investment, exports. Political parties in India are talking about the core economic development partially and spending time, money and energy on winning elections across states., where these are the office bearers should  spend less time on political issues and more time on economic issues.  All parties unveil the election manifesto before the elections. The election manifesto ideally should be the agenda for the government that the party will pursue after the election from the party office.  Writing the manifesto is having the history of last 100 years in the western countries, where the agenda was more on social development. It is in 2001 Tony Blair in 2001 and subsequently wrote a detailed manifesto citing all sectors of society in particular health, Education etc. Indian poli...