Topic: Indian economy

Infrastructure Management: A Solid Base for a Successful Career

Q: What are your insights about the Infrastructure and Construction insight industry in India? What is the scope of the industry in India and across the globe? Ans: India’s infrastructure is nowhere close to where it should be, if we were to achieve a double digit economic growth in a sustainable manner. In recent years there is a huge emphasis on …

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The Rise And Rise Of Family Firms

The year 1991 ushered in a new dawn for the Indian economy with economic reforms across sectors. The entrepreneurial spirit among Indians took advantage of the opportunities, and a new class of family businesses—the standalone family firms (SFFs)—emerged. In a paper titled Family Business 1990-2015: The Emerging Landscape published by the Thomas Schmidheiny Centre for Family Enterprise at the Indian School …

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The Stress in Indian Public Sector Banks

The health of Indian public sector banks has come under intense spotlight in recent times. Professor Subramanian highlights findings from a critical analysis of the performance of public sector banks. His research raises several concerns about the health of Indian public sector banks and thereby the efficacy of the Indian banking system going forward. Krishnamurthy V Subramanian is Associate Professor of Finance …

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Taking Stock of India’s Food Subsidy Bill

Based on the research of Bharat Ramaswami, Sridhar Seshadri and Krishnamurthy V Subramanian How increasing minimum support prices are leading to burgeoning buffer stocks for cereals, persistent food inflation and increasing food subsidy. Over the last two decades, the role of the Indian government in stabilising prices of grains has led to significant accumulation of food grain stock. While procurement prices have …

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India Grows at Night: A Liberal Case for a Strong State

By Gurcharan Das Reviewed by: Lalita Reddi, Research Associate at ISB India Grows at Night, by celebrated author, Gurcharan Das, traces events in the country’s recent history and provides a philosophical insight into India’s bottom-up approach vis-à-vis China’s top-down approach of development. Based on his experiences, Das cites events that made headlines to support his argument that India has grown and prospered …

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Book Review: Discordant Democrats

India has lately witnessed the rise of a people’s movement unlike any in recent memory. People across the country have come out in protest against what they perceive as a variety of systemic evils, expressing strong views and opinions on issues like corruption and probity in public life. This movement has also created many armchair critics who freely voice their …

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Charting India’s Growth Trajectory

“India at an Inflection Point,” was the theme of this year’s ISB Leadership Summit. A timely assessment of where the country is headed 20 years after opening its economic doors to the world, the event hosted 45 industry leaders, who through interactive panel discussions, presented their perspectives on the path ahead for the nation.  The two-day ISB Leadership Summit held on …

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Why Are We In A Recession?

The global economy is in a recession and unemployment rates are soaring. But the financial crisis is a mere symptom and not the disease itself, say the authors in this article.  Conventional Wisdom Folk wisdom blames the financial crisis for the recession. But what caused the financial crisis? The savings glut in Asia, says the popular press. A major part of these …

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Transformational Entrepreneurship

A holistic and integrated focus on SMEs, supported by an entrepreneurial ecosystem, can reshape India’s socio-economic landscape. India has an inspiring growth story. In a time when most developed economies are still reeling under the worst recession in decades, India is surprisingly untouched and has emerged resilient by posting commendable economic growth rates of over 6.5 percent in the FY 2008- …

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Financing SMEs in India

SMEs in India face many challenges, but perhaps none more formidable than the challenge of financing, both short-term and long-term.  This article portrays the enormity of this challenge and outlines a possible partial remedy. Small and medium enterprises (SMEs) constitute an important segment of the economy in India and in other emerging countries. For those countries, they often serve as the …

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