indian economy

Ecosystems, Clusters and Supply-Chains

India currently consumes $100 billion worth electronic goods a year. According to government estimates, this number is expected to go up to $400 billion by 2020. While introducing the discussion paper on the new electronics manufacturing policy, government advisor Sam Pitroda said that India's electronic imports could exceed India's oil imports in 2020 if India does not build an electronics manufacturing base. More...

Outlook For The Indian Rupee

Revisiting my earlier thoughts on the Indian Rupee, I am more convinced now than before that the Indian Rupee is likely to depreciate to a new lower band versus the US dollar.

Since my earlier post about the rupee in November, it depreciated to 54 rupees to a US dollar, rebounded to 48 rupees to a dollar and currently trades at 50 to a dollar. More...

Jumpstarting Is Essential

I consider myself a die-hard capitalist and an advocate of free markets and meritocracies. I am against the welfare state and I think enforced equality creates mediocrity and is antithetical to a meritocracy.

However, I find myself supporting the Rural Employment Guarantee Scheme in India, I support Affirmative Action (Reservation) in education for the most under-priviliged in India and I support the yet to be tabled National Food Security bill in India. More...