Lok Sabha Election 2019 Candidate list for Uttar Pradesh

<img class="gwt-Image" src="/photo/45866853.cms" /> With noted economist <keyword id="6366253" type="PERSON" weightage="20" keywordseo="Arvind-Panagariya">Arvind Panagariya</keyword> taking charge as Vice-Chairman of the National Institution for Transforming India (NITI) Aayog, which was announced by Prime Minister <keyword id="6354477" type="PERSON" weightage="20" keywordseo="Narendra-Modi">Narendra Modi</keyword> in his first Independence Day speech on August 15, 2014, the <keyword id="46913" type="ORGANIZATION" weightage="20" keywordseo="Planning-commission">Planning Commission</keyword>, a vestige of the Nehruvian socialist era, has literally become a memory. 
 
The Planning Commission was established on 15 March 1950, with the then Prime Minister Jawaharlal Nehru as the Chairman mainly to formulate a plan for utilisation of country's resources and definingthe stages, on the basis of priority, in which the plan should be carried out. 
 The first Five-Year Plan, launched in 1951, focused mainly on development of the agricultural sector and the emphasis of the eight subsequent Plans was on a growing public sector with massive investments in basic and heavy industries. However, since the launch of the Ninth Plan in 1997, the emphasis on the public sector has become less pronounced and it has been suggested that the Planning Commission should henceforth play a strategic and indicative role, assisting the Centre and State in carrying out broader economic planning. Subsequently, it was scrapped last year and <keyword id="2665691" type="UNKNOWN" weightage="20" keywordseo="Niti-Aayog">NITI Aayog</keyword> was constituted following a Cabinet resolution. 
 Sixty-two-year-old Arvind Panagariya, who is named as the first Vice-Chairman of NITI Aayog (in contrast, Planning Commission had a Deputy Chairperson at the helm), is an Indian-American economist and Professor of Economics at Columbia University. A close associate of well-known trade economist Jagdish Bhagwati, Panagariya is known for his market-friendly views. He has earlier Chief Economist of Asian Development Bank and a Professor of Economics and Co-director, Centre for International Economics, University of Maryland at College Park. Holding a Ph D in Economics from Princeton University, Panagariya has also worked for <keyword id="6354424" type="ORGANIZATION" weightage="20" keywordseo="World-Bank">World Bank</keyword>, International Monetary Fund, World Trade Organisation, and the United Nations Conference on Trade and Development (UNCTAD) in various capacities. 
 The <keyword id="6360789" type="ORGANIZATION" weightage="20" keywordseo="Modi-Government">Modi government</keyword> also named Sindhushree Khullar (who was appointed as the Secretary of Planning Commision in April 2012 and continued to hold the post even after the Modi Government scrapped the Cabinet resolution in August 2014 through which the Planning Commission set up) as the first CEO of NITI Aayog. 
 
Earlier this month, Prime Minister Narendra Modi, who is NITI Aayog’s Chairman, <a href="http://pib.nic.in/newsite/mbErel.aspx?relid=114338">appointed</a> economist Bibek Debroy and former Defence Research &amp; Development Organisation (DRDO) chief V K Saraswat as full-time members. 
 Also, Union Home Minister <keyword id="6355121" type="PERSON" weightage="20" keywordseo="Rajnath-Singh">Rajnath Singh</keyword>, Union Finance Minister <keyword id="42575" type="PERSON" weightage="20" keywordseo="Arun-Jaitley">Arun Jaitley</keyword>, Railways Minister Suresh Prabhu and Union Agriculture Minister Radha Mohan Singh are Ex-Officio members. In addition, Union Roads and National Highways Minister Nitin Gadkari, Union Human Resource Development Minister Smriti Zubin Irani and Union Social Justice and Empowerment Minister Thawar Chand Gehlot are special invitees to the NITI Aayog. 
 
As NITI Aayog is expected to meet soon to review the 12th plan that runs up to 2017, there are concerns whether the government is going scrap Five Year Plans altogether. A section of economists has been arguing that the Five Year Plans should go along with the Plan Panel. Modi, too, has repeatedly said states should be given a free hand in determining their policies and plans, indicating that Five Year Plans are redundant. 
 
Another topic of debate is the classification of public expenditure in terms of revenue and capital, and plan and non-plan expenditures. Plan expenditure is spent on government programmes and schemes, while non-plan expenditure includes spending on defence, subsidies and devolution to states. The government has been trying to remove the distinction as it has become dysfunctional and an obstacle in outcome-based budgeting. As NITI Aayog assumes responsibility as the government’s economic think tank, one is curious as to how it would approach plan and non-plan expenditures. 
 
Given the multiplicity of NITI Aayog’s objectives—as a centre-state council, think tank and advisory body—its proposed structure seems to be cumbersome. Also, considering the untimely death of Planning Commission, which was not a Constitutional body and was not set up through legislation, one is forced to wonder about the fate of NITI Aayog, which too was not set up though legislation, in the long run. 
 
Image: Indiatimes

Will NITI Aayog Effectively Substitute Nehruvian Planning Paradigm?

<img class="gwt-Image" src="/photo/28786346.cms" /> Here comes one of the key festivals of 2014, the <keyword id="90750" type="UNKNOWN" weightage="100" keywordseo="Uttarayan">Uttarayan</keyword> or the <keyword id="42174" type="UNKNOWN" weightage="100" keywordseo="Makar-Sankranti">Makar Sankranti</keyword>, and several <keyword id="1453380" type="UNKNOWN" weightage="100" keywordseo="brand-marketers">brand marketers</keyword> have launched interesting campaigns to <keyword id="382268" type="UNKNOWN" weightage="100" keywordseo="leverage">leverage</keyword> the <keyword id="33914" type="UNKNOWN" weightage="100" keywordseo="festive-occasion">festive occasion</keyword>. When you take a closer look at these campaigns, you realise that different <keyword id="31174" type="PERSON" weightage="100" keywordseo="brands">brands</keyword> have different objectives – a few are eyeing an increase in sales via <keyword id="112217" type="UNKNOWN" weightage="100" keywordseo="Discounts">discounts</keyword> and bonus packs; some companies are trying to socialise their products and key messages with consumers; a few are strengthening their <keyword id="35657" type="COMPANY" weightage="100" keywordseo="brand-equity">brand equity</keyword> and others are focused on enhancing <keyword id="1284549" type="UNKNOWN" weightage="100" keywordseo="Customer-Experience">customer experience</keyword>. Another interesting observation is – all types of brands (local, national and multinational) are running campaigns across different <keyword id="2014275" type="UNKNOWN" weightage="100" keywordseo="Media-platforms">media platforms</keyword>. But the clear choice is the <keyword id="6354632" type="COMPANY" weightage="100" keywordseo="Social-media">social media</keyword>, followed by the print, <keyword id="12905" type="COMPANY" weightage="100" keywordseo="Radio">radio</keyword> and the <keyword id="2014281" type="ORGANIZATION" weightage="100" keywordseo="OOH">OOH</keyword>. <keyword id="6354766" type="COMPANY" weightage="100" keywordseo="Gujarat">Gujarat</keyword> emerges as the leading market for promotions, followed by <keyword id="13126" type="COMPANY" weightage="100" keywordseo="Maharashtra">Maharashtra</keyword>, <keyword id="6355588" type="ORGANIZATION" weightage="100" keywordseo="Rajasthan">Rajasthan</keyword>, <keyword id="6354953" type="COMPANY" weightage="100" keywordseo="Punjab">Punjab</keyword>, NCR and others. 
 <keyword id="6653" type="CITY" weightage="100" keywordseo="ICICI-bank">ICICI Bank</keyword> is one of the major national advertisers during this festive season, promoting its <keyword id="1200039" type="UNKNOWN" weightage="100" keywordseo="Tab-Banking">Tab Banking</keyword> to facilitate new account opening from the comfort of your home or office. The bank has been advertising in newspapers, on the <keyword id="6357247" type="PERSON" weightage="100" keywordseo="Internet">Internet</keyword> and on billboards placed at strategic locations. The visual on the creative shows a diligent executive helping his customer open a bank account while the customer is enjoying the Uttarayan festival. The ad copy outlines a consumer-centric message with the help of a heading and a brand-centric message with the help of a sub-heading. The body copy explains a bit more about Tab Banking and provides a call-to-action. The <keyword id="529279" type="UNKNOWN" weightage="100" keywordseo="brand-positioning">brand positioning</keyword> statement has been reinforced in the closing line. Overall, all the elements look finely blended! 
 
 <img class="gwt-Image" src="/photo/28786350.cms" /> 
 
Another print advertisement that recently appeared in <keyword id="5065" type="COMPANY" weightage="100" keywordseo="Ahmedabad">Ahmedabad</keyword> Times is that of <keyword id="6354923" type="COMPANY" weightage="100" keywordseo="Vodafone-India">Vodafone India</keyword>. The company is promoting its <keyword id="1404687" type="UNKNOWN" weightage="100" keywordseo="3G-dongle">3G dongle</keyword> as the one that offers fastest download @ 21.2 Mbps and encouraging consumers to download their favourite movies. The creative uses a kite that has <keyword id="1718" type="UNKNOWN" weightage="100" keywordseo="Bollywood-stars">Bollywood stars</keyword> on it. Although the visual element is not as well blended as in the previous ad, Vodafone has managed to address the Uttarayan spirit. A local <keyword id="2014292" type="UNKNOWN" weightage="100" keywordseo="Eye-care-brand">eye care brand</keyword>, <keyword id="2014295" type="UNKNOWN" weightage="100" keywordseo="R-Kumar-Opticians">R Kumar Opticians</keyword>, has also positioned the <keyword id="757" type="UNKNOWN" weightage="100" keywordseo="sunglasses">sunglasses</keyword> as an essential <keyword id="2014296" type="UNKNOWN" weightage="100" keywordseo="Safety-accessory">safety accessory</keyword> while flying kites. 
 
 <img class="gwt-Image" src="/photo/28786430.cms" /> <keyword id="150673" type="COMPANY" weightage="100" keywordseo="Dell-India">Dell India</keyword> has announced 100% <keyword id="470101" type="UNKNOWN" weightage="100" keywordseo="Cashback">cashback</keyword> for lucky winners who purchase a <keyword id="2014299" type="UNKNOWN" weightage="100" keywordseo="Dell-Inspiron-11">Dell Inspiron 11</keyword> this Sankranti. The company is primarily running its campaigns in the <keyword id="45104" type="UNKNOWN" weightage="100" keywordseo="Print-Media">print media</keyword> and on the Internet. Several other smaller and local brands have also announced limited period offers to lure customers. 
 
 <img class="gwt-Image" src="/photo/28786501.cms" /> 
 Finally, a leading <keyword id="10689" type="ORGANIZATION" weightage="100" keywordseo="radio-station">radio station</keyword>, <keyword id="9734" type="COMPANY" weightage="100" keywordseo="Radio-Mirchi">Radio Mirchi</keyword> (Ahmedabad), has come up with a <keyword id="1486610" type="UNKNOWN" weightage="100" keywordseo="social-initiative">social initiative</keyword> to protect two-wheeler riders from the brutal <keyword id="2014307" type="UNKNOWN" weightage="100" keywordseo="Patang-manjha">patang manjha</keyword> (thread) by distributing free life-saving neck safety belts in various parts of the city. In an interview, <keyword id="103028" type="PERSON" weightage="80" keywordseo="Sumit-Aggarwal">Sumit Aggarwal</keyword>, cluster head of Radio Mirchi in Gujarat, said, “In addition to bringing <keyword id="4578" type="COMPANY" weightage="80" keywordseo="entertainment">entertainment</keyword> to the Amdavadis, we intend to evolve as a responsible media company and this activity is a step in that direction.” The campaign has received good response and commuters have been queuing up to collect the safety belts. This initiative by Radio Mirchi is presented by <keyword id="907098" type="ORGANIZATION" weightage="80" keywordseo="CIMS-Hospital">CIMS Hospital</keyword>, in association with Sanghi Cement, The Grand Bhagwati and Boulevard9 Luxury Resort &amp; Spa. 
 
So while you enjoy the KaiPoChe cheers around and while you are busy admiring your kites flying high, brand marketers are holding the firki and giving dheel to the kite. 
 
About the author: Ami Shah is the co-founder and creative director of IntelliAssist. You can contact her on <a href="http://twitter.com/amishah0505" target="_parent">Twitter</a> | <a href="http://in.linkedin.com/in/amishah0505/" target="_parent">LinkedIn</a> | <a href="mailto:ami@intelliassist.in">ami@intelliassist.in</a>

How
Brand Marketers Are Engaging With Consumers This Uttarayan

<div class="KonaFilter image-container display-table"><div><div class="image on-image"><img src="https://static-ssl.businessinsider.com/image/59fce5914d05acd7028b6954-1162/rts1i81f.jpg" alt="paul ryan donald trump" data-mce-source="Carlos Barria/Reuters" data-mce-caption="Paul Ryan and Donald Trump." />Carlos Barria/ReutersPaul Ryan and Donald Trump.</div></div></div>Dear Senators and Representatives:"Ask five economists," as the Edgar Fiedler adage goes, "and you'll get five different answers."Yet, when it comes to the tax reform package aimed at fixing our broken system, the undersigned have but one shared perspective: <a href="http://www.businessinsider.com/trump-gop-tax-reform-plan-economic-growth-2017-11" target="_blank" rel="noopener">Economic growth will accelerate</a> if the Tax Cuts and Jobs Act passes, leading to more jobs, higher wages, and a better standard of living for the American people. If, however, the bill fails, the United States risks continued economic underperformance.In today's globalized economy, capital is mobile in its pursuit of lower tax jurisdictions. Yet, in that worldwide race for job-creating investment, America is not economically competitive. Here's why: Left virtually untouched for the last 31 years, our chart-topping corporate tax rate is the <a href="http://www.businessinsider.com/trump-tax-plan-corporate-tax-rate-oecd-countries-2017-4" target="_blank" rel="noopener">highest in the industrialized world</a> and a full fifteen percentage points above the OECD average. As a result of forfeiting our competitive edge, we forfeited <a href="https://www.bloomberg.com/news/articles/2017-09-19/tax-code-hurts-u-s-firms-in-m-a-market-roundtable-study-finds" target="_blank" rel="noopener">4,700 companies</a> from 2004 to 2016 to cheaper shores abroad. As a result of sitting idly by while the rest of the world took steps to lower their corporate rates, we lowered our own workers' wages by thousands of dollars a year.Our colleagues from across the ideological spectrum - regardless of whether they ultimately support or oppose the current plan - recognize the record-setting rate at which the United States taxes job-creating businesses is, either significantly or entirely, a burden borne by the workers they employ. The question isn't whether American workers are hurt by our country's corporate tax rate - it's how badly. As such, the question isn't whether workers will be helped by a corporate tax rate reduction - it's how much.The enactment of a comprehensive overhaul - complete with a lower corporate tax rate - will ignite our economy with levels of growth not seen in generations. A twenty percent statutory rate on a permanent basis would, per the Council of Economic Advisers, help produce a GDP boost <a href="http://www.businessinsider.com/trump-tax-plan-gdp-effect-corporate-rate-2017-10" target="_blank" rel="noopener">"by between 3 and 5 percent."</a> As the debate delves into deficit implications, it is critical to consider that $1 trillion in new revenue for the federal government can be generated by four-tenths of a percentage in GDP growth.Sophisticated economic models show the macroeconomic feedback generated by the TCJA will exceed that amount - more than enough to compensate for the static revenue loss. We firmly believe that a competitive corporate rate is the key to an economic engine driven by greater investment, capital stock, business formation, and productivity - all of which will yield more jobs and higher wages. Your vote throughout the weeks ahead will therefore put more money in the pockets of more workers.Supporting the Tax Cuts and Jobs Act will ensure that those workers - those beneficiaries - are American.Sincerely, James C. Miller IIIFormer OMB Director, 1985-88 Douglas Holtz-EakinAmerican Action Forum Alexander KatkovJohnson &amp; Wales University Ali M. RezaSan Jose State U (Emeritus) Ann E. ShermanDePaul University Anthony B. SandersGeorge Mason University Anthony NegbeneborGardner-Webb University Arthur HavennerUniversity of California, Davis Austin J. JaffePenn State University Barry W. PoulsonUniversity of Colorado Boyd D, CollierTarleton State University, Texas A&amp;M University System (Emeritus) Brian Stuart WesburyJoint Economic Committee Carlisle E. MoodyCollege of William and Mary Charles W. CalomirisColumbia University Christine P. RiesGeorgia Institute of Technology Christopher C. BarnekovFCC (Retired) Christopher Lingle Universidad Francisco Marroquin Clifford F. ThiesShenandoah University Daniel Fernandez Universidad Francisco Marroquin Daniel HouserGeorge Mason University David H. ReslerChief US Economist, Nomura (Retired) David RansonHCWE &amp; Co. Dennis E. Logue Steven Roth Professor, (Emeritus) Tuck School, Dartmouth Colleges Derek TittleGeorgia Institute of Technology DeVon L. YohoEconomist Ball State University (Retired) Donald J. Oswald California State University, Bakersfield (Retired) Donald KochKoch Investments Donald L. AlexanderWestern Michigan University Donald LuskinTrendMacro Douglas C FrechtlingGeorge Washington University Douglas KahlThe University of Akron Douglas O. CookThe University of Alabama Kingdon Hurlock Jr.Calvert Investment Counsel Edward M. ScahillUniversity of Scranton Eleanor CraigUniversity of Delaware Owen Irvine Michigan State University (Emeritus) Farhad RassekhUniversity of Hartford Francis AhkingUniversity of Connecticut Frank FaleroCalifornia State University (Emeritus) Gary R. SkoogLegal Econometrics, Inc. Gary WolframHillsdale College Gene SimpsonNPTC, Auburn University George LangelettSouth Dakota State University Gerald P. DwyerClemson University Gil SylviaUniversity of Georgia H Daniel FosterHDFCO Hugo J. FariaUniversity of Miami Inayat ManglaWestern Michigan University J. Edward GrahamUNC Wilmington Jagdish BhagwatiColumbia University James B KauUniversity of Georgia James C.W. Ahiakpor California State University, East Bay James D. AdamsRensselaer Polytechnic Institute James D. MillerSmith College James F. SmithEconForecaster, LLC James KeelerKenyon College James M. Mulcahy SUNY - Buffalo economics department James MoncurUniversity of Hawaii at Manoa Jeffrey DorfmanUniversity of Georgia Jerold ZimmermanUniversity of Rochester Jody LipfordPresbyterian College John A. BadenChm., Foundation for Research on Economics and the Environment (FREE) John C. Moorhouse Wake Forest University (Emeritus) John D. JohnsonUtah State University John H McDermottUniversity of South Carolina John McArthurWofford College John P. EleazarianAmerican Economic Association John RuggieroUniversity of Dayton John SemmensLaissez Faire Institute Joseph A. GiacaloneSt. John's University, NY Joseph Haslag University of Missouri- Columbia Joseph S. DeSalvo University of South Florida - Tampa Joseph Zoric Franciscan University of Steubenville Kathleen B. CooperSMU's John Tower Center for Politico Science Kenneth V. Greene Binghamton University (Emeritus) Lawrence Benveniste Goizueta Business School, Emory University Lawrence R. CimaJohn Carroll University Leon WeggeUniversity of California, Davis Lloyd CohenScalia Law School Lucjan OrlowskiSacred Heart University Lydia OrtegaSan Jose State University M. Northrup BuechnerSt. John's University, New York Maurice MacDonaldKansas State University Michael A. MorriseyTexas A&amp;M University Michael ConnollyUniversity of Miami Michael D Brendler Louisiana State University Shreveport. Michael L. MarlowCal Poly, San Luis Obispo Moheb A. GhaliWestern Washington University Nancy RobertsArizona State University Nasser DuellaCalifornia State University, Fullerton Nicolas SanchezCollege of the Holy Cross, Worcester, MA (Emeritus,) Norman LeftonSouthern Illinois University, Edwardsville Paul H RubinEmory University Pavel YakovlevDuquesne University Pedro PiffautColumbia University Peter E. KretzmerBank of America Peter S. YunUVAWISE (Emeritus) Phillip J. Bryson Brigham Young University (Emeritus) R. Ashley LymanUniversity of Idaho R. L. PromboinUniversity of Maryland University College (former) Richard J. CebulaJacksonville University Richard KilmerUniversity of Florida Richard TimberlakeProf. of Econ., Univ. of Ga. (Retired) Richard VedderOhio University Robert B HelmsAmerican Enterprise Institute (Retired) Robert F StaufferRoanoke College , (Emeritus) Robert H. TopelUniversity of Chicago Booth School of Business Robert HellerFormer Governor, Federal Reserve Board Robert SauerRoyal Holloway University Robert TamuraClemson University Roger MeinersUniversity of Texas-Arlington Sanjai BhagatUniversity of Colorado Boulder Scott HeinTexas Tech University Seth BiedNew York State Tax Department Stan LiebowitzUniversity of Texas Stephen HappelArizona State University T. Craig TapleyUniversity of Florida Thomas H. MayorUniversity of Houston Thomas J KniesnerClaremont Graduate University Thomas M. StokerMIT (retired) Thomas SavingTexas A&amp;M University Timothy MathewsKennesaw State University Tomi OvaskaYoungstown State University Tony LimaCalifornia State University, East Bay Victor a CantoLa Jolla economics Vijay SingalNavrang Inc Wallace HendricksUniversity of Illinois Ward S. Curran Trinity College Hartford Connecticut (Emeritus) Wayne T. BroughFreedomWorks Foundation William B. FairleyAnalysis &amp; Inference, Inc. William BuchananValdosta State University William McKillopResource Economics (Emeritus) William R. Allen UCLA Department of Economics William S. Peirce Case Western Reserve University Wim VijverbergCUNY Graduate Center Xuepeng LiuKennesaw State University Yuri N. MaltsevA.W. Clausen Center for World Business, Carthage College <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/jeans-denim-small-pocket-levis-secret-2016-5">Here's why your jeans have that tiny front pocket</a></h3> <div> <iframe class="bijwplayerclass" data-player="jwplayer" src="https://content.jwplatform.com/players/2rQm2eUO-CEZHWCBG.html" width="100%" height="100%" frameborder="0" scrolling="auto" style="margin:0px;" allowfullscreen=""></iframe><script>function receiveMessage(event){ console.log(event.data.fullscreen); Android.fullscreen(event.data.fullscreen); }window.addEventListener("message", receiveMessage, false);</script> </div> </div>

You Searched For "Bhagwati" and got 4 results

Lok Sabha Election 2019 Candidate list for Uttar Pradesh

BI India Bureau

Will NITI Aayog Effectively Substitute Nehruvian Planning Paradigm?

Preetam Kaushik

How Brand Marketers Are Engaging With Consumers This Uttarayan

Ami Shah

An open letter to Congress from over 100 economists: Pass tax reform and watch the economy roar

Business Insider