Guest edited by Professor Milind Sohoni, our cover story brings together academics, researchers and entrepreneurs to discuss the urgent role of emergency medical services in saving lives. Our features look at the importance of performance-related incentives in government, and the surprising effects of demonetisation on the Indian mobile phone market. In Face-to-Face, Minister Jayant Sinha speaks about UDAN, Dr VK Saraswat about the NITI Aayog and RBI Deputy Governor Viral Acharya about the research-policy interface. Also: lessons from the dissolution of international marketing joint ventures in India.
There is an urgent need to extend the myopic view of emergency medical services beyond operations to an interdisciplinary perspective encompassing business models, strategy, process control, policy, and innovation, says Milind Sohoni in this report on the First Practice-Based Summit on Emergency Medical Services in India.
Chirantan Chatterjee and his coauthors investigate whether a macroeconomic policy shock like the 2016 Indian demonetisation could have microeconomic implications for firms in the Indian mobile phone industry.
Viral V Acharya, Deputy Governor of the Reserve Bank of India, speaks to Prachi Deuskar, Assistant Professor of Finance at ISB about central banking as a canvas for research impact.
In a multi-lingual country with large deficits in education, how does the language of instruction influence learning? Drawing on lessons from the British era, Professor Tarun Jain finds that the language-based reorganization of states helped improved literacy outcomes. In recent decades, mother tongue instruction boosted literacy rates by as much as 18%.
Export-oriented manufacturing and service activity as well as foreign direct investment: these are the surprising ingredients of an economic trajectory that promotes forest growth in developing economies, find Professor Ashwini Chhatre and his colleagues. They also caution, however, that forest quality measures such as biodiversity are equally important in framing forest management policy.
Guest Editor for this Issue:
Milind G. Sohoni,
Professor of Operations Management, Deputy Dean - Faculty Development & Registrar's Office, ISB.