Without structural reforms back home, India to remain on back foot in RCEP like negotiations
Posted: December 6, 2019 at 11:49 am | Author: Manish Marwah
India walked out of the recently concluded Regional Comprehensive Economic Partnership (RCEP) citing unfavourable terms that would harm the domestic industries. While its concerns cannot be wished-away, especially at a time when the economy is in a perilous state and small business are already in the red, the country itself needs to do better by […]
Will New India Budget Make It Easy for BJP in 2019?
Posted: April 6, 2018 at 6:55 am | Author: Manish Marwah
Much will depend on implementation Will the Budget 2018-19 be able to help Prime Minister Narendra Modi get another term at the Centre. Well, it can. Yet, how easy or hard it will be? Unlike previous governments, the latest budget has shunned populism, which, though wise, is not always appreciated by a section of the […]
The Start-up ecosystem in India
Posted: December 15, 2017 at 8:56 am | Author: Manish Marwah
In India, small entrepreneurs create more jobs, which is evident from the fact that only 1.37% of a total of 5.85 crore establishments employed 10 or more workers. However, most of the start-ups fail to survive more than two years due to various disadvantages, including lack of hand-holding, knowledge and funding support. Yet, a few […]
Will 2017-18 be a watershed year for CPSE disinvestment?
Posted: April 18, 2017 at 11:52 am | Author: Manish Marwah
Privatization came to a grinding halt after the Congress party-led government came to power at the Centre in 2004. The then Manmohan Singh government lacked courage to bite the bullet on restructuring central public sector enterprise (CPSEs) in a rapidly evolving global economic environment. A cursory look at the 235 operating CPSEs would prompt one […]
GST, and beyond! What lies ahead?
Posted: February 4, 2017 at 1:55 pm | Author: Manish Marwah
With the much awaited Goods and Sales Tax (GST) regime fast becoming a certainty, the debate over its short and long term impact for India and its economy is getting sharper by the day. As the country prepares to embrace GST in 2017, a widespread speculation on its implications is further clouding the prevailing […]
DIGITISATION AND ITS IMPACT ON ECONOMY AND SECTORS
Posted: October 4, 2016 at 1:58 pm | Author: Manish Marwah
Imagine an India, where a villager directly tweets”Applied for visa but official asking for bribe.” to Ministry of External Affairs, or “No power supply in the village during the last 24 hours, please send officials for inspection.” to Ministry of Power, or “Unemployed despite high qualification” to Ministry of Labour & Employment and gets a […]
Make in India
Posted: September 10, 2016 at 5:00 pm | Author: Manish Marwah
Prime Minister Narendra Modi has a talent for coining slogans that go viral. While Sabka Saath, Sabka Vikas and Swachh Bharat are meant for India, his Make in India call was meant for the world, and it has received global attention.
The cynical will say that it is yet another slogan that arouses expectations, but are not followed up with actions and soon forgotten. Like Garibi Hatao. Or Health for All by 2000, a slogan that was popular in the 90s, but few people remember today.
Will Make in India be different? Can Modi deliver? What is he lining up to make this happen? Is it too late to emulate China’s success story in manufacturing? Economists and analysts have been pouring on the subject in recent weeks.