Econ & Policy
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When Twenty-Somethings Build Unicorns and Rockets: The New India
When I finished college in 1983, start-up was not even a word! There were no VCs and no angels. The few brave entrepreneurs were suppressed, heavily taxed, lacked access to capital and were viewed suspiciously by our socialist leaders. The Babus decided who could make what, where and in what quantity – and who they… Continue reading
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Wilful destruction of the world’s most powerful economic engine
Wilful destruction of the world’s most powerful economic engine Sitting in my favourite armchair, far from the shenanigans of the US president, one can only watch with shock and awe – the haphazard (or is it systematic?) devastation of an economy that has dominated the world for almost a century. Ever since World War II,… Continue reading
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Ease of Doing Tourism
Tourism is never long out of the news. But this news coverage seems to be stuck in a loop – at least for the last 40-odd years since I started reading business news. The loop consists of the following elements: And if it’s not advertising, then poor infrastructure (airports and hotels) is blamed. And much… Continue reading
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Is 6.5% Growth Making India Complacent?
What if India’s economic achievement is also its biggest trap? This thought hit me while chatting with a fund manager friend a couple of days ago, about the pace of reform. Nowadays, we hear ad nauseam about India being the fastest-growing “large” economy. And this, despite the fierce headwinds from global economic crises. It’s not… Continue reading
